How do banks play an important role on the economy of India?explain
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banks play crucial role in the economy but also the development of a person....it invites deposits and lends loan to those who are in need and charge the rate of interest for the loan given to the customers ..it indirectly includes that income for the bank...as it happens it leads to the development of the banks.... development of banks leads to development of economy...
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banks play crucial role in the economy but also the development of a person....it invites deposits and lends loan to those who are in need and charge the rate of interest for the loan given to the customers ..it indirectly includes that income for the bank...as it happens it leads to the development of the banks.... development of banks leads to development of economy...
hope this helps
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