Banking System -

The banking system is a complex network of institutions designed to manage the flow of money, provide credit, and ensure financial stability within an economy. It acts as a bridge between those who have extra funds (depositors) and those who need them (borrowers). 🏛️ Core Components of the Banking System

Focus on individual consumers (checking/savings accounts, personal loans). banking system

The apex body that regulates the entire system (e.g., the Federal Reserve in the US or the RBI in India). Controls the money supply and inflation. The banking system is a complex network of

The system is generally structured in a "two-tier" hierarchy: 1. Central Banks banking system

Focus on business services (working capital, trade finance).