English, asked by vishnunama16, 8 months ago

Banks pay Inote rest on deposits

Answers

Answered by RJS13
0

Explanation:

The rest of the amount is used by the banks to give money on credit to people who need the credit. A bank charges interest on the loan which it gives to its creditors. The interest rate charged by a bank no loans is higher than the interest rate given by it on deposits.

Answered by lucifer2375
0

Answer:

it pays interests..............

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