Question

explain about Loan activities of bank?​

Answer 1

Loans activity of banks are as follows:

(1)Banks act as a intermidiate between depositor and lender.

(2)Bank keeps about 15% of the total sum of money to meet the requirements of the people taking out money.

(3)A littoe amount of money is used to lend money to the people as a loan and for this bank charges an interest.

(4)What is charged and what is paid to the depositor is the main salary of the bank.

Hope it is helpfull....