Bank A Bank is afinancial organizationwhich accepts depositsthat can be withdrawnon demand and also lendsmoney to individuals andbusiness houses that needit.    Central Bank The CentralBank maintains record ofGovernment revenue andexpenditure under variousheads. It maintainsdeposit accounts of allother banks and advancesmoney to other banks,when needed. The ReserveBank of India is thecentral bank of thecountry entrusted withmonetary stability, themanagement of currencyand the Less