Economy, asked by Varinderjeet, 1 year ago

Do the bank play an important role in the economy of india

Answers

Answered by SURYA2468
2
yes bank play  an important role in the economy of india
Answered by taapsee1
3
here is ur answer my dear friend

yes bank play an very important role in indian economy. what are the importance of bank in indian economy are as follows:
●in financial system commercial bank plays an important role.
●banks helps people to save their money and receive an added advantage by getting an extra amount that is for saving money in their bank. the depositors get a percent of it aded in his bank accounts.
●they provide a safe way of depositing and saving money to the people.
●most of the situations credit plays a vital and positive role this helps increasing the standard of living of the people borrowers. 

hope it helps u
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