explain any three loan activities of banks in India
shubhampandey7:
It include method of payment , interest rate and duration of credit
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Loan activities of banks in India are as follows:
1. Bank provided loans for various economic activities
2. Banks keep only a small proportions of the deposits with them as cash
3. These deposits are used to meet the loan requirement
4. Bank intermediates between those who have surplus funds and those who are in need of these funds
1. Bank provided loans for various economic activities
2. Banks keep only a small proportions of the deposits with them as cash
3. These deposits are used to meet the loan requirement
4. Bank intermediates between those who have surplus funds and those who are in need of these funds
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