What is banking Ans: BANKING IS A FINANCE DEPOSITED AND WITHDRAWAL CUSTOMER RELATIONS SERVICES

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Accepted Answer

Banking is a financial service that involves accepting deposits, lending money, and providing other financial services to customers.

Banking involves accepting deposits from customers, which are then used to provide loans and other financial services.
Banks also facilitate transactions such as wire transfers, issuing credit cards, and providing investment services.
Customer relations are a key aspect of banking, as banks aim to build trust and loyalty with their clients.
Examples of banking institutions include commercial banks, credit unions, and online banks.