Banking is the process of managing money and financial transactions. It involves institutions like banks that offer services such as saving accounts, loans, and credit. People deposit their money in banks for safekeeping and earn interest over time. In return, banks lend money to others, helping them buy homes or start businesses. Additionally, banking provides a way to transfer money easily. With services like online banking and mobile apps, customers can check their balances, pay bills, and send money to friends without visiting a physical branch. This convenience makes managing finances simpler and more efficient for everyone.