In banking parlance what does the term lsquo lazy banking rsquo mean ........

Indian Economy (Easy) Money and banking

In banking parlance, what does the term ‘lazy banking’ mean?

A large number of customers of a bank withdrawing their deposits simultaneously.

A method of transferring money without any money actually moving.

Investments in government bonds as they are risk-free.

Transactions, usually checks, that are in transit, and are delayed during the collection process until the next cycle.

Investments in government bonds is the most risk-free avenue to park funds which, in banking parlance, is known as ‘lazy banking.’

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