English, asked by harwindersingh28953, 6 months ago

function of indion banking b.com

Answers

Answered by anchaldhal77

Answer:

hp it helps

Explanation:

A bank allows a person with excess money (Saver) to deposit his money in the bank and earns an interest rate. Similarly, the bank lends to a person who needs money (investor/borrower) at an interest rate. Thus, the banks act as an intermediary between the saver and the borrower.

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