Social Sciences, asked by vasurgukt1511, 1 year ago

How does the bank mediate between the borrower and the depositer

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Answered by neha121000

2

dear friend the depositer gives money to bank as saving and get interest on it and when borrower needs money the bank provides money to with small amount of interset on it which means it borrower has to return money with small amount of interest and this money os given back to the depositer when ever needed. i hope it will help u out

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