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Banking

The Banking section brings you simple, easy-to-understand explanations of key financial terms, banking processes, and money management concepts. From understanding loans, credit cards, and interest rates to exploring savings, investments, and digital banking, this category helps you make informed financial decisions. Whether you are a beginner trying to understand the basics or someone looking for detailed insights, you’ll find practical knowledge, FAQs, and expert tips to manage your money wisely.

What is a Bank? Definition, Functions, Types & Importance Explained

September 19, 2025 by Nipun Sonowal

What is a Bank? Definition, Functions, Types & Importance Explained A: When you hear the word bank, the first thought that comes to mind is probably money. But a bank is much more than just a place to deposit cash or withdraw it when needed. Banks form the backbone of every economy, acting as trusted … Read more

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