The banking sector is the lifeline of any modern economy. It is one of the essential financial pillars of the financial department, which plays a vital role in regulating the economy. Therefore, the development of a country is directly linked with the progress of its bank. In a developing economy like this, banks are considered not just the dealers of money, but as the leaders of development. The banking industry manages the finances of a country with cash and credit. Banks are those institutions that accept deposits and grant credit to entities, and they play a great role in keeping up the economic condition of a country. In India, the (Reserve Bank of India (RBI) is the ultimate banking institutional body that manages the monetary policy of the country.To understand the basics of banking, its history, and its functions, feel free to enroll in the course now.
Basics of Banking
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