Social Sciences, asked by dineshverma634, 10 months ago

How do banks play an important role in economy of India? ​

Answers

Answered by aman87692
0

Answer:

THE banks play an important role in the economy of the country: Banks help people to save their money in safe custody. To save their money, people deposit their money with banks. ... Banks boost the industrial sector by providing cheap loans.

Answered by kilariparvathi966
0

Answer:

banks play important role in India.

Explanation:

transaction of money from one place to another is possible.

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