Question

Explain any three loan activities of banks in India???

Answer 1

Answer:

₹. Explain any thee loan activities of banks in India.

1. Banks provide loans for various economic activities

2. Banks keep only a small propotions of the deposits with them as cash

3. These deposits are used to meet the loan requirement.

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Answer 2

Answer:

Hey mate here is your answer :

1.) Bank asks for collaterals from people so that it can be assure that the money will be back easily.

2.) Banks keep small proportion of their deposits to provide loans.

3.) Banks also looks for proper documentation so that any person don't have problems related from loans.

4.) Banks provide loans at a very low interest rates.

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