What is banking? What is a bank?

94 Views|Posted 9 years ago
Asked by Deepak Raj
1 Answer
ravi jha
9 years ago
Hi Deepak, Banking can be 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 earn a profit. However, with the passage of time, the activities covered by banking business have widened and now vario

...Read more

Thumbs Up IconUpvote Thumbs Down Icon

Taking an Exam? Selecting a College?

Get authentic answers from experts, students and alumni that you won't find anywhere else.

On Shiksha, get access to

66K
Colleges
|
1.2K
Exams
|
6.9L
Reviews
|
1.8M
Answers

Share Your College Life Experience

Didn't find the answer you were looking for?

Search from Shiksha's 1 lakh+ Topics

or

Ask Current Students, Alumni & our Experts

Have a question related to your career & education?

or

See what others like you are asking & answering