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One of the most important. Give four examples of private sector banks.

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A issue Federal Reserve Notes b set reserve requirements and hold reserves deposited by banks and thrifts c lend money to financial institutions and serve as the lender of.

. Organizes records and reports all transactions that represent the financial condition of the bank including how efficiently and profitably the bank is operated. Name the banks that are operated under the provisions of. Conditions and services may vary.

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HDFC ICICI IDFC Axis Bank Limited. The Functions of Money Medium of Exchange Something a seller will accept in exchange for a product or service. Without money people would have to barter a much more complicated.

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