Apply for a Life Time Free Platinum Card

[View Now]

 

View In New Tab

A bank is a financial institution that accepts deposits from the public and creates credit.[1] Lending activities can be performed either directly or indirectly through capital markets. Due to their importance in the financial stability of a country, banks are highly regulated in most countries. Most nations have institutionalized a system known as fractional reserve banking under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, known as the Basel Accords.Four naive Brahmins, who were great friends, lived in a certain town. One day, they decided to study hard and acquire knowledge. They would then be able to make money. It was decided that they would require going to a different town to do that.So, they travelled to a new city, and joined a hermitage to further their study. For twelve years they studied very hard, and mastered many fields of knowledge. One day, they discussed, "Now that we have finally acquired sufficient knowledge in many branches of science, let us ask our Guru's permission to depart from this hermitage. We are finally prepared to earn money by applying our knowledge." They asked their Guru's permission, who blessed them for success. They then started to travel, with all the shastras holy books of knowledge. After travelling for a while, they came across an intersection, where the path was divided into two different directions.

Swapout if you do not want to receive these mails