Social Sciences, asked by snehalpv11, 6 months ago

6) How important is the banking role in Indian Economy? Explain.​

Answers

Answered by prakriti36
0

Answer:

Banks play an important role in developing the economy of India: (i) They keep money of the people in its safe custody. ... (iii) They mediate between those who have surplus money and those who are in need of money. (iv) They provide loan to large number of people at low interest rate.

please follow me and mark me as brainlist

Similar questions