Explain the process of money creation …
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Posted by Suminil Singh 2 years, 9 months ago
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Deepanshu Jha 2 years, 10 months ago
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Preeti Dabral 2 years, 9 months ago
The process of money creation by the commercial banks starts as soon as people deposit money in their respective bank accounts. The remaining portion left after maintaining cash reserves of the total deposits is then lend by the commercial bank to the general public in form of credit, loans and advances.
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