Core Quote by Chuka Umunna

Banks hold deposits and savings entrusted to them by individuals, by businesses, by governments and by central banks. They put that money to work,…

— Bob Diamond

The scope of activities for payments banks mainly includes acceptance of demand deposits, issuance of ATM/debit cards, payment and remittance services, and distribution of…

— Chanda Kochhar

A bank is a place that promises you to keep your money safe and then lends it to somebody else in order to make…

— Vikrant Parsai

Payments banks can also act as business correspondents of other banks.

— Chanda Kochhar

Banks lend by creating credit. They create the means of payment out of nothing.

— Ralph George Hawtrey

The business of a bank is to lend money; which amounts, nowadays, to lending credit.

— John Buchanan Robinson

The banks run the place.

— Collin Peterson

I believe Indian banks have a strong funding profile with largely deposit-funded balance sheets, a large physical presence to cater to the needs of…

— Chanda Kochhar

What the banking system needs is creditors who monitor risk and cut their exposure when that risk is too high. Unlike regulators, creditors and…

— Tyler Cowen

Before the 1970s, banks were banks. They did what banks were supposed to do in a state capitalist economy: they took unused funds from…

— Noam Chomsky

Banks are there to support businesses that have justifiable needs.

— Vijay Mallya

Community banks are a crucial part of our economy and the fabric of our society.

— Jerome Powell