A bank is an institute which deals with money and credit. A bank is an institution involved in monetary transactions. An institution which will play a role of intermediary, which will collects money and that collected money will be invested to other specialized sectors or countries .Bank is an institution which must be established as legally organized institution by common people for saving their money and get guarantee to buy security.

Bank plays an important role in developing any country. Hence, bank as the financial institution has become one of the financial institutions has become one of the bases for measuring level of economic development of the nation. They are the main financial institution which collects and utilizes financial resources of their own and others in a profitable and beneficial way. They help to accelerate common people’s economic welfare and facilitate to make available loan to agricultural, industrial and commercial sectors and to provide banking services to public and the state.