Question

Explain the main source of income of banks​

Answer 1

Hi Here is your answer

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The main source of income for banks is interest. Generally, a bank pays out lower interests on deposits than it receives on loans. Banks also charge fees for other services such as account charges and pool deposits then invest.

Hope it is helpful.....

Answer 2

HEY HERE IS YOUR ANSWER HOPE THIS HELPS MARK AS BRAINLIST.


the main source of bank income is their costumers and the load that they permitted at satisfied interest.