Research on Banking Services Offered by Banks in India

Abstract

In the event that the monetary base were non-existent, identifying a secure place to keep your money and obtaining loans would be challenging. You would need to explore alternative avenues for securing funds and collecting payments for your services. Financial institutions play a crucial role in providing essential financial support on a day-to-day basis. Surprisingly, banks have been integral to economic activities since ancient times. Historical evidence suggests that merchants in ancient cities lent money to farmers and traders against their goods and possessions. Over time, financial institutions have evolved into entities capable of providing and managing funds. Nowadays, banks offer a wide range of services beyond just managing money. They assist individuals and businesses in navigating various financial situations. This blog aims to elucidate the significance of the financial structure and the diverse range of banking services offered by modern banks.