Question

What are the different loan activity of bank

Answer 1

Explanation:

Loan activities of the bank. Let us see what the banks do with the deposits they receive. 1) Banks keep a small proportion of their deposits as cash with themselves to pay the depositors who might come to withdraw money from the bank on any given day. 2) Banks use the major portion of the deposits to extend loans.

Answer 2

Answer:

• The banks offer various types of loans to the borrowers which are categorized as Priority sector loans, corporate loans, Housing loans, Personal loans, student loans, etc. These loans are offered at different interest rates by the banks.