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Banks are the main sources of credit creation in our world. There are many entrepreneurs in the world who have great ideas but finance is a problem for them.Banks help reduce this problem by giving loans.Sometimes banks discount bills of exchange thus making cash mature faster for a small fee.They also accept deposits and provide interest on them which helps you increase your own resources.Thus banks perform three functions-lending,deposits and ancillary services.
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Why a bank is called a bank?
If consider the functionality or the roles in banking industry, only to very limited extend, there is nothing wrong to consider the Reserve Bank of India as Central Bank or Apex Bank with a connotation as Bankers' Bank. But, in these days, Reserve Bank of India is much more than these two terms.
Why Central Bank is called A Pex Bank?
If consider the functionality or the roles in banking industry, only to very limited extend, there is nothing wrong to consider the Reserve Bank of India as Central Bank or Apex Bank with a connotation as Bankers' Bank. But, in these days, Reserve Bank of India is much more than these two terms.
What is the role of estate surveyor and valuer in mortgage bank?
the followings are some of the roles of an estate surveyor in the mortgage industry: - 1. assessing the value of the property to be mortgaged
Compare the roles played by information systems at Chrysler and GMhow did they affect the structure of the automobile industry itself?
GM was getting ready to go into bank rupt when Walter. P. Chrysler purchased it to make the Industry better.
Job roles within the tourism industry?
bazzinga
What are the Function of foreign bank?
roles of foreign banks
What are the roles of national bank of Ethiopia?
The role of the National Bank of Ethiopia is to serve as the central bank for that country. It began in 1964.
How get loan from Swiss bank?
How i can get the loan from swiss bank to start own industry
What job roles are there in the catering industry?
frat off house
What is the role of industrialization in economic development?
specific roles of industry
What is the role of industrial sector in development?
specific roles of industry
What are the roles of quantitative techniques in business and industry?
The main roles of quantitative techniques in business and industry are diverse. They are used for purposes of analyzing and evaluating data which will facilitate the process of decision making.
