Banking System, Its Functions & Types

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The term ‘bank’ is derived from the French word ‘Banco’ which means a Bench or Money exchange table.
A bank is a financial institution that provides banking and other financial services to their customers such as accepting deposits, lending loans, money transfer and selling third party products like insurance, mutual fund and portfolio management.
When banks accept deposits its liabilities increase as it has to pay interest to the customer but when it provides loans/ advances its assets increases as it earns interest.
As financial intermediaries, banks stand between depositors who supply capital and borrowers who demand capital.

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Very knowledgeable and experienced teacher....

DevPaul
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Soon you will achieve 1 million subscribers 🙏

akulamanish
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Thank you so much for this wonderful information 🤗

sandhyamakwana
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It's very helpful for me ma'am thnqqqq 🤩

lovelyanand
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about foreign exchange facilities for individuals

pradeepsuryawanshi
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Does pvt bank give only sales n target oriented jobs or there are other nonsale department exist ? Plz suggest me because I'm persuing my MBA in Banking and Finance Management. Give me direction.
Plz reply

explorewithhiten
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Thank you mam it was interesting and esy to learn thanks aa lot mam

klikhitha
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The word i get in this video is Banco French

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