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What is shadow balance?

Answer Posted / nikhil badaya

Shadow Balance Means When the person is depositing any
cheque in bank for crediting than bank will credit his a/c
on 1st day. After 2nd day that amount after bank clearings
will actually credit. 1st day amount which has credit in
customer a/c that is called shadow balance.

Is This Answer Correct ?    38 Yes 5 No



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