Money
bank
finance
Category:
Money
- Related Topics:
- central bank
- development bank
- investment bank
- savings bank
- commercial bank
Recent News
Jan. 24, 2024, 9:40 PM ET (The Guardian)
Stage-three tax cut changes will have minimal effect on inflation, economists predict
Jan. 23, 2024, 11:33 PM ET (CNBC)
German regulator urges banks to set aside bumper profits for bad news on the horizon
Jan. 23, 2024, 12:31 AM ET (Daily Star)
Five banks held nearly half of defaulted loans in June last year
Jan. 18, 2024, 6:55 AM ET (Reuters)
Banks need new liquidity rules to guard against runs -regulator
Jan. 16, 2024, 5:45 AM ET (The Hindu)
Banks have no power to withhold or retain passport or OCI card: Karnataka High Court
bank, an institution that deals in money and its substitutes and provides other money-related services. In its role as a financial intermediary, a bank accepts deposits and makes loans. It derives a profit from the difference between the costs (including interest payments) of attracting and servicing deposits and the income it receives through interest charged to borrowers or earned through securities. Many banks provide related services such as financial management and products such as mutual funds and credit cards. Some bank liabilities also serve as money—that is, as generally accepted means of payment and exchange. This article describes the development ...(100 of 10807 words)