In a developing economy the role of bank is more creating and purposeful than in the developed one. where the banking habits of the people are not developed, the task of creating and spreading the banking habits and of mobilizing the countrys resources becomes a challenging one. It is here that banks play a crucial role because they act as a bridge between those who require finance and those who have finance. The profit earning capacity of the banks decides its role in the economic operations of the country. If the banks have huge profit, it leads to strong role in the economic operations....
In a developing economy the role of bank is more creating and purposeful than in the developed one. where the banking habits of the people are not dev...