Banking, NBFC Software, Pigmy Software, Matched Finance, Nidhi Gold, N

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Bank is a lawful organization which accepts deposits that can be withdrawn on demand. It also lends money to individuals and business houses that need it. A bank is a financial institution that provides banking and other financial services to their customers.

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A bank is generally understood as an institution which provides fundamental banking services such as accepting deposits and providing loans. There are also non-banking institutions that provide certain banking services without meeting the legal definition of a bank. Banks are a subset of the financial services industry.

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 It encourages savings habit amongst people and thereby makes funds available for productive use.  It acts as an intermediary between people having surplus money and those requiring money for various business activities.  It facilitates business transactions through receipts and payments by cheques instead of currency .  It provides loans and advances to businessmen for short term and long-term purposes.

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 It also facilitates import-export transactions.  It helps in national development by providing credit to farmers small-scale industries and self-employed people as well as to large business houses which lead to balanced economic development in the country.  It helps in raising the standard of living of people in general by providing loans for purchase of consumer durable goods houses automobiles etc.

slide 8: E-Mail:

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Whats app - 95903 55556 Mobile - 09916 807 666 Skype - sale.websoftex

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240/A 3rd Cross Gokula 1st Stage 1st Phase Mathikere Bangalore - 560054 Karnataka India.

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