Business Studies, asked by gcv350281, 5 hours ago

explain in detail the main function of Bank​

Answers

Answered by madhuchandrakar022
2

Answer:

The function of a Bank is to collect deposits from the public and lend those deposits for the development of Agriculture, Industry, Trade and Commerce. Bank pays interest at lower rates to the depositors and receives interests on loans and advances from them at higher rates.

Explanation:

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Answered by psubhaparamasivam
0

Answer:

the function of bank is to collect deposits from the public and lend those deposits for the development of agriculture, industry, trade and commerce . bank pays interest at low rates to the depositors and receive interests on loan and advances from them and they higher rates

Explanation:

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