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What are Private Banks?
7. What are Private Banks?
- The central bank and regulatory body and are responsible for the issue and supply of the Indian rupee
- Banks are owned by either individual or general partners with a limited partner
- A financial institution that accepts deposits
- Type of international bank that is required to obey both the home and host country's legislation
Answer: B) Banks are owned by either individual or general partners with a limited partner
Explanation:
Private banks will be banks claimed by either the individual or an overall band together with a restricted accomplice. Private banks are not fused. In any such case, loan bosses can look to both the "sum of the bank's resources" just as the whole of the sole-owner's/general-accomplices' resources.