Economy, asked by avisinghsandhu52, 1 year ago

Explain loan activites of a Bank?

Answers

Answered by FadedPrince
3

Hey there!! ♥️

Banks provide loans for various economic activities. The depositors deposit money in the bank and get interest. Banks keep only a small proportions of the deposits with them as cash. These deposits are used to meet the loan requirement.

Answered by satyam14103783
0
HERE IS YOUR ANSWER.

EXPLAIN LOAN ACTIVITIES OF BANK :

The depositers deposit money in the bank and get interest .banks keeps only small proportions of the deposit with them as cash .. the brrowsers borrow money and return with it interest .
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