Day: August 25, 2021

what-credit-creation
Economics 5 min read
Credit Creation: Meaning, Process, Key Players and More

The primary business of any commercial bank is to receive deposits from the depositors and lend money to the borrowers. In this entire process, banks cannot lend all the funds received as deposits, since they would need the money for an emergency demand by a depositor at anytime.   To meet such needs, these banks ... Credit Creation: Meaning, Process, Key Players and More