Why do banks not want to hold cash? - Study24x7
Social learning Network

Warning: include(./views/auth.php): failed to open stream: Permission denied in /var/www/html/live/loginRightSlider.php on line 18

Warning: include(): Failed opening './views/auth.php' for inclusion (include_path='.:/usr/share/php') in /var/www/html/live/loginRightSlider.php on line 18

Warning: count(): Parameter must be an array or an object that implements Countable in /var/www/html/live/makepost.php on line 52
Edubabble LLP
22 Jul 2022 10:30 AM study24x7 study24x7

Why do banks not want to hold cash?

Banking
Like Comment | 1 Share
study24x7
Write a comment
  • Dev kumar

    • Income is not generated by cash. Both lending money out and investing it are preferred.
    ·Large transactions involving cash call for a significant amount of government paperwork.
    ·Cash is heavy to transport and takes up a lot of storage space.
    ·Cash management is expensive, including counting, auditing, and theft prevention.

    See more

    Like
    Reply 26 Jul 2022 11:53 AM
    Related Questions
    500+   more Questions to answer

    Popular Courses

    Reasoning Special by Parwez Sir for... All Levels हिन्दी By Reasoning special by Parwez Alam
    Average and Alligation for Bank PO ... All Levels हिन्दी By logicalangle
    English Special Course for SSC CGL,... All Levels English By Topline Coaching 999 1,499 33% off
    BANKING AWARENESS PREMIUM COURSE All Levels English By RAU IAS COACHING 499 799 38% off
    Free Full Paid English Grammar All Levels English By Uphaar Classes - By Sumit Sir (YouT...
    Ratio,Proportion and Partnerships f... All Levels हिन्दी By logicalangle
    Featured Courses
    Popular Pages

    Featured Courses

    BESTSELLER
    Reasoning Special by Parwez Sir for all Government... All Levels हिन्दी By Reasoning special by Parwez Alam
    FREE
    5.0
    IBPS PO (PRE) English Special by Pooja Mam All Levels English By Topline Coaching
    FREE
    5.0
    BANKING AWARENESS PREMIUM COURSE All Levels English By RAU IAS COACHING 499 5.0
    Government Jobs Exam Syllabus All Levels English By GOVERNMENT JOB NOTIFICATION
    FREE
    5.0

    Popular Pages

    SAT (Scholastic Assessment Test)

    18 followers

    Reasoning special by Parwez Alam

    147 followers

    Study24x7

    1246 followers

    Henry Harvin

    70 followers

    CBSE Study Materials

    100 followers

    Get the App

    Download the Study24x7 App, so you can connect and collaborate.

    study24x7
    study24x7
    Most Related Articles