Social Sciences, asked by rathesh630, 8 hours ago

mention any one source of revenue for the bank​

Answers

Answered by cutebrainlystar
3

Explanation:

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The main source of income for banks is interest. Generally, a bank pays out lower interests on deposits than it receives on loans. Banks also charge fees for other services such as account charges and pool deposits then invest.

Answered by sardevi2005
1

Answer:

The main source of income for banks is the difference between interest rate charged from borrowers and what is paid to depositors. After keeping a portion of deposits as reserves banks lend to people who demand money as loan and bank charges interest from them.

Hope it helps you :)

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