Bank can be defined as a financial intermediary that deposits and accepts cash, for transforming the cash deposits into lending activities, through loans or by indirectly investing as capitals. Bank tends to link together, the capital deficits and the customers, having surplus capitals. Because of the wide range of banking activities, majority of the developing countries across the world have influential banking systems.
Some of the basic textbooks on Banking are as follows:
Activities undertaken by banks include:
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