English, asked by dilipkumarvanzara464, 1 month ago

how do you define banks in india​

Answers

Answered by Anonymous
5

Answer:

A bank is a financial institution which performs the deposit and lending function. A bank allows a person with excess money (Saver) to deposit his money in the bank and earns an interest rate. Similarly, the bank lends to a person who needs money (investor/borrower) at an interest rate.

Answered by opg712375
1

Answer:

a bank is a financial istitution which performs the deposite and lending functions.

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