Economy, asked by samantharodger9310, 1 year ago

What are the loan activities of banks in short 3 answer question

Answers

Answered by khushi769

Hey mate!!

The depositers deposit money in the bank and get interest. Banks keep only a small propotions of the deposits with them as cash. These deposits are used to meet the loan requirement.Bank intermediates between those who have surplus funds and those who are in need of these funds.

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