Question

describe about loan activities of Banks​

Answer 1

Explanation:

Loan activities of Bank

Banks use the majority portion of the deposits to extend loans.Banks charge a higher interest rate on loans other than what they offer on deposits. The difference between the amount that is charged from borrowers and what is paid to depositors is their main source of income for banks.

Answer 2

Answer:

Loan activities of Bank

Banks use the majority portion of the deposits to extend loans. ... Banks charge a higher interest rate on loans other than what they offer on deposits. The difference between the amount that is charged from borrowers and what is paid to depositors is their main source of income for banks.

Explanation:

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