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What exactly meant by bank turnover?

Updated: 9/13/2022
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Wiki User

9y ago

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Bank's turnover means the sum of the 2 primary functions of the bank i.e lending and borrowing. Thus, it is the sum of the bank's total deposits and total advances.

Deposits are the liabilities of the bank and advances are the assets of the bank.

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Dagmar Bergstrom

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1y ago
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