Social Sciences, asked by yash037, 9 months ago

how do Bank are and how the bank help the nation​

Answers

Answered by Anonymous
1

Answer:

The banking system plays an important role in the modern economic world. Banks collect the savings of the individuals and lend them out to business- people and manufacturers. Thus, the banks play an important role in the creation of new capital (or capital formation) in a country and thus help the growth process.

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Answered by nehaabrahamjoji
0

Answer:

Explanation:

banks collects the savings of the individuals and lead them to business-people and manufactures.

banks loans facilitate commerce.

etc...

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