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The key operations taken care of by banks are accepting deposits from people who have surplus and giving off loans to people who are in need of cash. They collect an interest from the borrowers and provide an interest to the depositors. The difference in interest between the two amounts is what helps the banks earn money.
What else can I help you with?
Define bank rate?
The rate of discount set by a central bank
What is bank define it?
A financial institution. Finding a boyfriend who makes a lot of bank save and keep him.
When was First General Bank created?
First General Bank was created in 2005.
Can you define base rate and portion in business terms?
bank base rate is rate at which bank give loan .
Define the concept monetary transmission mechanism?
The monetary transmission mechanism describes how policy-induced changes in the nominal money stock or the short-term nominal interest rate impact real variables such as aggregate output and employment. ~Peter N. Ireland Federal Reserve Bank of Boston http://www.bos.frb.org/economic/wp/wp2006/wp0601.htm
Define Statement of Accounts?
The transactions history of a person's bank account.
What is the mechanism of earthquake?
The animation on this page shows the main concepts that define a seismic event, as well as some of the consequent effects.
How do you define a bank?
A bank is a commercial institution where people go to make financial transactions such as depositing or cashing their paychecks, applying for loans, etc.
define the difference between common good and general welfare?
wat
What is a racing sledge for two people with steering mechanism to direct down a steep bank?
Bobsleigh
What is phagacytosis?
There is a little more to it, but a basic way to define is: In the immune system it's a mechanism used to remove pathogens and cell debris.
What mechanism is the general tendency of vascular smooth muscle to contract when stretched?
myogenic
