Answer / rkjain2266

A bank accept the deposits for lending purpose. A Bnak
accept the deposits from various accountholders known as
depositors. The deposit amount collected have been used for
providing loans to needy persons. The difference of deposit
rates and the lending rate is the profit margin of the bank.
Now a days
banks are providing miscleneous services such as demat
account maintenance, portfolio management, advisory services
for wealth creation, referal business for selling insurance
products, selling gold coins etc.

Answer / guest

the banking industry is one the most biggest industry which
consist of clients present across the world here the services
are being carried on in the from of transaction which include
majorly(debit,credit) the money into the accout holders the
banking industry comes under both public as well as private
sectors the main aim of banking industry is that to improve
the quality of services to all its clients and to enrich its
fame

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