What is bank

Question

What is bank

Accepted Answer

A bank is a financial institution that accepts deposits from the public and provides various financial services.

Banks accept deposits from individuals, businesses, and other entities.
Banks provide loans and credit facilities to borrowers.
Banks offer various financial services such as checking and savings accounts, credit cards, mortgages, and investment products.
Banks facilitate money transfers and payments through electronic systems.
Banks play a crucial role in the economy by promoting savings, facilitating economic growth, and providing liquidity to the financial system.

Accepted Answer

Bank is a financial institutions

Accepted Answer

Bank is a financial institutions.an organization which keeps money safely For its customers.you can take money out,save Borrow or exchange Money at a bank.

What is bank

Popular interview questions of Banking Operations