Question

what are the various uses of banks. what is the revenue for a bank

Answer 1

Answer:

Banks provide various loans and advances to industries, corporates and individuals. The interest received on these loans is their main source of income. 2 Interest on investments: Banks invest in various government and rated securities, and earn interest and dividends from these investments

Answer 2

$\huge\tt\underline\red{Answer}$

• Central Banks.
• Retail Banks.
• Commercial Banks.
• Shadow Banks.
• Investment Banks.
• Cooperative Banks.
• Credit Unions.