A bank is a financial institution that accepts deposits from the public and creates credit.[1] Lending activities can be performed either directly or indirectly through capital markets.
A bank is a financial institution which performs the deposit and lending function.
A bank allows a person with excess money (Saver) to deposit his money in the bank and earns an interest rate. ... Thus, the banks act as an intermediary between the saver and the borrower.
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Online banking, also known as internet banking, is an electronic payment system that enables customers of a bank or other financial institution to conduct a range of financial transactions through the financial institution's website.