Question

How does bank mediate between those who have surplus money and those whoo need money?

Answer 1

banks deposits the money of those who are having surplus and grants loans to those who need it

Answer 2

ʜᴇʏᴀ ᴍᴀᴛᴇ!!

ʜᴇʀᴇ ɪs ᴜʀ ᴀɴsᴡᴇʀ ⏬⏬

ᴛʜᴇ ʙᴀɴᴋs ᴜsᴇ ᴛʜᴇ ᴍᴀᴊᴏʀ ᴘᴏʀᴛɪᴏɴ ᴏғ ᴛʜᴇ ᴅᴇᴘᴏsɪᴛs ᴛᴏ ᴇxᴛᴇɴᴅ ʟᴏᴀɴs ᴛᴏ ᴛʜᴏsᴇ ᴡʜᴏ ɴᴇᴇᴅ ᴍᴏɴᴇʏ, ᴄʜᴀʀɢɪɴɢ ᴛʜᴇᴍ sʟɪɢʜᴛʟʏ ʜɪɢʜᴇʀ ɪɴᴛᴇʀᴇsᴛ ᴛʜᴀɴ ᴡʜᴀᴛ ᴛʜᴇʏ ᴘᴀʏ ᴛᴏ ᴛʜᴇ ᴅᴇᴘᴏsɪᴛᴏʀs. ᴛʜɪs ᴅɪғғᴇʀᴇɴᴄᴇ ɪs ᴛʜᴇ ᴍᴀᴊᴏʀ sᴏᴜʀᴄᴇ ᴏғ ɪɴᴄᴏᴍᴇ ғᴏʀ ʙᴀɴᴋs. ɪɴ ᴛʜɪs ᴡᴀʏ ʙᴀɴᴋs ᴍᴇᴅɪᴀᴛᴇ ʙᴇᴛᴡᴇᴇɴ ᴛʜᴏsᴇ ᴡʜᴏ ʜᴀᴠᴇ sᴜʀᴘʟᴜs ᴍᴏɴᴇʏ ᴀɴᴅ ᴛʜᴏsᴇ ᴡʜᴏ ɴᴇᴇᴅ ᴍᴏɴᴇʏ.