explain the loan activities of a bank
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Explain loan activities of a bank . ... These deposits are used to meet the loanrequirement.Bank intermediates between those who have surplus funds and those who are in need of these funds. The borrowers borrow money and return it with interest. Bank offer very less interest on deposits than what they demand on loans.
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Bank provided loans for various economic activities
Banks keep only a small proportions of the deposits with them as cash
These deposits are used to meet the loan requirement
Bank intermediates between those who have surplus funds and those who are in need of these funds
Bank offer very less interest on deposits than what they demand on loans
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