Banking & Finance
Finance is the management of money, particularly in relation to companies, organizations, or governments. Specifically, it deals with the questions of how an individual, company, or government acquires the money needed - called capital in the company context - and how they then spend or invest that money. Finance is then often split per the following major categories: corporate finance, personal finance, and public finance.
A bank is a financial institution that accepts deposits and recurring accounts from the people and creates Demand Deposit. Lending activities can be performed either directly or indirectly through capital markets. Due to their importance in the financial stability of a country, banks are highly regulated in most countries. Most nations have institutionalized a system known as fractional reserve banking under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to e