Business Studies, asked by dograkartik619, 5 months ago

distinguish between banks and money lender ​

Answers

Answered by Anonymous
8

Money lenders typically advance their own money while banks function by accepting deposits from their customers and withdrawals are regulated.

Bank's accumulate funds can be lent to borrowers against securities or collateral. Additionally, depositors are paid interest by the banks and deposits can be withdrawn.

Answered by Arpit4321
1

Answer:

Bank takes Money from Us and Save It in Our Bank Account

Money Lender Takes Loan Of Money From Us

Similar questions