write a short on characteristics of bank
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Answer:
Explanation:
Characteristics of a Bank / Features of Banking
- It may be an Individual/Firm/Company.
- It is a profit and service oriented institution.
- It acts as a connecting link between borrowers and lenders.
- It deals with money.
- It accepts deposits from public.
- It provides Advances/Loans/Credit to customers.
Answered by
0
Answer:
Characteristics of a Bank / Features of Banking
It may be an Individual/Firm/Company.
It is a profit and service oriented institution.
It acts as a connecting link between borrowers and lenders.
It deals with money.
It accepts deposits from public.
It provides Advances/Loans/Credit to customers.
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