Business Studies, asked by aakashlion417, 9 months ago

How did indigenous banking system helped the intermediaries?

Answers

Answered by Anonymous

5

Explanation:

Banks are the institutions that can borrow and lend. ... I think what u want to know is the difference between banks and non banking financial institutions. nbfc is a financial institution that can borrow and lend but cant provide the demand deposit facility. They also provide a number of other services.

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