Question

banks r playing an important role in the development of the indian economy . support the statement ​

Answer 1

yes banks r helping in the development of country in the following ways

1. it is providing credit at a low rate of interest
2. this helps people such as small businessmen to get prosperous and as well as helps them in their ongoing expenses
3. it also saves people from getting into a debt trap

hope it helps u .............bro