Tell about banking

Question

Tell about banking

Accepted Answer

Banking involves financial institutions providing various services such as deposits, loans, and investments to individuals and businesses.

Banks accept deposits from customers, which can be in the form of savings accounts, checking accounts, or certificates of deposit.
Banks provide loans to individuals and businesses for various purposes such as buying a home, starting a business, or financing education.
Banks offer investment services such as mutual funds, stocks, and bonds to help customers grow their wealth.
Banks also provide services like credit cards, online banking, and financial planning to meet the diverse needs of customers.

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