Banks are one of the most important part of any country. In this modern time money and its necessity is very important. A developed financial system of the country ensure to attain development. A modern bank provides valuable services to a country. To attain development there should be a good developed financial system to support not only the economic but also the society. So, a modern bank plays a vital role in the socio economic matters of the country. Some of the important role of banks in the development of a country are briefly showing below.
I- Promote Saving Habits Among People
II- Capital Formation and Promoting of Industries
III- Easiness of Trade and Commerce Functions
IV- Promote Agricultural Development
V- Implementation of Monitory Policy