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

These are the front-facing institutions that interact with the public and businesses. banking system

Focus on business services (working capital, trade finance). The banking system is a complex network of

Back to Basics: What Is a Bank? - International Monetary Fund Focus on business services (working capital, trade finance)

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

Responsible for printing and distributing national currency.

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.