Economy, asked by economics3, 1 year ago

decribe the procedure followed by banks create credit

Answers

Answered by astha1917
1
as we know that the institution which allows deposition  , withdrawal and loans is termed as bank.
They follows a simple process so that there costumers won't get annoyed through their work..

the ways through which they create credits are;-
 1) they usually advises loans on cash credits.
2) also by ensuring security  
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