Day: March 21, 2021

Role of commercial bank in economic development of nepal

The banking sector plays a huge role in the economic development of the country. The bank integrates and mobilizes the capital scattered across the country. For a developing country like ours, the banking system is a bloodbath. The economic development of developing countries is not possible without the development of the banking sector. Therefore, the …

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Meaning of Bank

The word bank comes from the Italian ‘banco’. In Italian, ‘banco’ means bench. In the early days, people used to sit on a bench dealing with money. Later, the place where the transaction took place was called a bank. Generally, business entities dealing in currency and credit are called banks. A bank is an institution …

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