Social Sciences, asked by afiyaparveen9756, 1 year ago

Importance of bank over india devlopment

Answers

Answered by apple18
0
it banks are important because they can give loan to the new trades on low interest by that economy of India can grow and if are there is no banks the money lenders can give loan on very heigh interest rate and by this new trades cannot be started by this economy of cannot grow
Answered by Atul99
1
hii friend
here is your answer....
banks are important for not only india but it is important for each countries as it helps in geaving loans to the local people as well as businesman for establishing there business.
it also stors and collect money of every people and secure there money from being robbed.....

i will hope that you will like my answer
thankuu.....

AMAYTRIPATHI: Good
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