Ask Question
21 November, 01:53

What is Bank Run and why is it so important

+4
Answers (2)
  1. 21 November, 05:04
    0
    A bank run is an event in which bank customers try to withdraw more money from the bank than the bank can provide. Banks do not keep all customer deposits available in cash for immediate withdrawal. Instead, those assets are invested in loans and other types of investments.
  2. 21 November, 05:12
    0
    A bank run is a phenomenon when many of a bank's depositors try to withdraw their funds at the same time due to fears of a bank failure
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “What is Bank Run and why is it so important ...” in 📙 History if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers