What are the main activities of a bank and what is the income of the bank
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Main activities of bank is to store money of people safely and provide them loan when needed.
income of the bank is government
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Banks lend money by making advances to customers on current accounts, by making installment loans, and by investing in marketable debt securities and other forms of money lending.
Banks provide different payment services, and a bank account is considered indispensable by most businesses and individuals. Non-banks that provide payment services such as remittance companies are normally not considered as an adequate substitute for a bank account.
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