Social Sciences, asked by yc062445, 10 months ago

what do the banks do with money which they accept as deposit​

Answers

Answered by advocatedmdesai
1

Answer:

  • Accepting Deposits. The bank collects deposits from the public. ...
  • Granting of Loans and Advances. The bank advances loans to the business community and other members of the public. ...
  • Agency Functions. The bank acts as an agent of its customers. ...
  • General Utility Functions.

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