Difference between layer interest and small interest that is income source of bank.
Answers
Answered by
0
Answer:
The main source of income for banks is the difference between interest rate charged from borrowers and what is paid to depositors. After keeping a portion of deposits as reserves banks lend to people who demand money as loan and bank charges interest from them.
Answered by
0
Answer:
please say the correct answer and see the option
Similar questions