Question

explain the role of banks
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Answer 1

Answer:

Banks operate by borrowing funds-usually by accepting deposits or by borrowing in the money markets. ... Through the process of taking deposits, making loans, and responding to interest rate signals, the banking system helps channel funds from savers to borrowers in an efficient manner.

Explanation:

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Answer 2

Banks operate by borrowing funds-usually by accepting deposits or by borrowing in the money markets.....through the process of taking deposits,making loans and responding intrest rate signals,the banking system helps channel fundsfrom.savers to borrowers in an efficient manner.

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