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Where one bank holds deposits on behalf of the other banks is known as

Ainvestment banking

Bretail banking

Ccustodial banking

Dcorrespondant banking

Answer:

D. correspondant banking

Read Explanation:

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Related Questions:

Which of the following pairs is correctly matched with respect to capital or paid up capital requirements? Institution Minimum Paid-Up / Initial Capital Requirement

  1. Local Area Bank ₹5 crore

  2. Small Finance Bank ₹300 crore (revised)

  3. Payment Bank ₹100-200 crore

  4. All of the above

Choose the correct option:

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In the case of ---- policy, the premium amount is payable periodically throughout the entire life of the insured.
A banker is a --- debtor
When paying insurance premiums as agent, the bank must: