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The money a bank pays depositors for the right to use their money is called?
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∙ 15y ago
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∙ 15y ago
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People who have money in the bank are called?
they are called depositors because they deposit their money in the bank. they are also called bank clients.
What is The percentage of deposits that a bank must retain for depositors called?
It is called Cash Reserve Ratio. It is the % of money from the amount collected from depositors that needs to be maintained as deposit with the reserve bank. The bank cannot use this money for its financial needs. For Ex: if the CRR is 5% and you deposit $1000 into your account, the bank has to deposit $50 against your name
Many depositors withdrawing money at once?
bank run
What does a bank do to guarantee that it can pay back depositors' money?
bankrupt
What is a run on the bank?
It can happen that the depositors lose confidence in a banks ability to look after their money. if this happens in a big way most of the depositors demand the money they have in their accounts. this is known as a run on the bank. No bank can withstan a run on it without outside assistance.
People who have money in a bank are called?
depositors
People who have money in the bank are called?
they are called depositors because they deposit their money in the bank. they are also called bank clients.
What are people that have money in the bank called?
Depositors.............Politicians :-)
People who have money in a bank are called what?
depositors
When depositors all want their money at the same time?
It is called a "Bank Run"
Why bank is called financial intermediateries?
Bank is financial service provider.Ist time i will say who r deposited in bank? the answer is who has surplus of money.that unit is called SFU( surplus economic unit) and bank is kept that money ,when depositors money is more in bank,then after bank gives the loan deficts who has able to return of that money in the bank with interest.but suddendly if the depositors want to his or her money for need to bank,then bank gives the money with cutting the certain fixed interest rate.
What is The percentage of deposits that a bank must retain for depositors called?
It is called Cash Reserve Ratio. It is the % of money from the amount collected from depositors that needs to be maintained as deposit with the reserve bank. The bank cannot use this money for its financial needs. For Ex: if the CRR is 5% and you deposit $1000 into your account, the bank has to deposit $50 against your name
How does icici bank receive money from depositors?
Poda patty
Many depositors withdrawing money at once?
bank run
What does a bank do to guarantee that it can pay back depositors' money?
bankrupt
What is a run on the bank?
It can happen that the depositors lose confidence in a banks ability to look after their money. if this happens in a big way most of the depositors demand the money they have in their accounts. this is known as a run on the bank. No bank can withstan a run on it without outside assistance.
Did US depositors lose money in the bank failures during the great depression?
YES. Banks were using depositors' money to invest in the stock market. When the market crashed everything vanished.
