Bank derived
from the Italian word 'banco' i.e. bench also it means financial institution.
Bank is a financial intermediaries, which collects fund from the surplus unit
and provide those fund to deficit unit as loan
So, The sum of
all the activities of bank are known as banking.
Bank vs Banking
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Bank
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Banking
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1)Bank is a financial
intermediary institution
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1)Banking is the summation
of all activities of a bank
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2)Bank has organizational
structure
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2)Banking has no organ gram
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3)Banker is liable for the
bank's activities
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3)Bank is liable for the
banking activities
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4)Bank is depended on
banker
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4)Banking is depended on
the bank
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5)The dissolution of bank
is done by the local banking law
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5)When a bank dissolve then
the banking activities end.
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