Question

Explain the loan activities of bank
OR
what do the banks do with the deposits which they accept from the public?
explain​

Answer 1

Answer:

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HERE IS YOUR ANSWER...!

Explanation:

Banks make use of the deposits to meet the loan requirements of the people. (v) In this way, banks mediate between those who have surplus funds (depositors) and those who are in need of these funds (borrowers). (vi) Banks charge a higher rate of interest on loans than what they offer on deposits.

Answer 2

Answer:

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