Economy, asked by pustodenikhil, 1 year ago

How do bank act as a mediatar ?

Answers

Answered by dhruvsh

The deposits that the banks get from the common people then they use that money obtained to give credit loans to the borrowers for their upgrowth.

Answered by shivam9973587102

Bank act as a mediater because it take money from people as deposit and give to borrower as a loan in this way bank act as a middle person between depositor and borrowers

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