SURVIVAL AND SUSTAINIBILITY IN BANKING, INSURANCE AND FINANCE- AN OVERVIEW

We all know about banking, insurance and finance to some extent i.e. banking is an activity where it accepts
deposits and grants loans. In other words, banks provide financial services. Insurance is an activity where
insurance company accepts premiums from the policy holders and discharges maturity amount during the
time of maturity and about finance, finance plays vital role in the activities of banking and insurance. It
also has a significant role individually. As we all know that finance is the life blood of business, without
finance banking, insurance and other activities are not going to carry on their business. Banks involves the
activities of accepting deposits and granting loans in the form of money. Insurance is also the activity which
deals with money. From this we are clear that banking and insurance are the activities which deal with
money i.e. financial activities. So here it is clear that banking and insurance are dependent on finance. We
can invest in these activities and we can gain return on investment. We can create wealth with the help of
banking and insurance activities.