Social Sciences, asked by himanshi28aswal, 10 months ago

Banks act as a financial intermediator, explain with the help of diagram also.

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Answered by raotd

Banks as Financial Intermediaries. An “intermediary” is one who stands between two other parties. Banks are a financial intermediary—that is, an institution that operates between a saver who deposits money in a bank and a borrower who receives a loan from that bank.

SORRY I DONT HAVE DIAGRAM.

MARK AS BRAINIEST.

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