Social Sciences, asked by Shaikdardar, 1 year ago

Want do the banks do with the deposite which they collect from the public

Answers

Answered by varunexplorer12

because banks need to give loans to the people so banks take money from the people and pay them with their intrest

Answered by JugalGanesh

with the deposit of people the bank ,give that money to the people who wants loan and collect it with interest , and give that interest To the people who deposits their money

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