Sunday 16 January 2022

Banking

 Banking is defined as the business activity of accepting and safeguarding money owned by other individuals and entities, and then lending out this money in order to conduct economic activities such as making profit or simply covering operating expenses. ... Investment banks gear their services toward corporate clients.Banking is defined as the business activity of accepting and safeguarding money owned by other individuals and entities, and then lending out this money in order to conduct economic activities such as making profit or simply covering operating expenses. ... Investment banks gear their services toward corporate clients.


Traditionally, there are four types of bank deposits in India, which are - Current Account, Recurring Deposits, Savings Accounts, and Fixed Deposit Accounts.

1791–1811. Alexander Hamilton'sgrand experiment in central banking began in 1791 to assist a post-Revolutionary War economy and ended 20 years later.b


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