Question

✨Hello Brainlics ✨50 Points
Explain any three loan activities of Banks in India...
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Answer 1

1)Banks keep a small proportion of their deposit as cash with themselves.

• 2) Major portion of the deposit is used for extending loans.

3) The banks mediate between depositors and borrowers in this way.

• 4)They charge high rate of interest on loans than what they offer on depositsRead more on Sarthaks.

Answer 2

$\huge\underline\mathfrak\red{Hello\:Mate}$

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(1) Banks keep small proportion of thier deposits to provide loans..

(2) Banks asks for collaterals from people so that it can be assume that the money will be back...

(3) It also looks for documentation. It provides loans at a very low interest rates . The difference between money from loans.(with higher interest rates than given to the depositors.)..

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