Economy, asked by buangdinkhuma, 23 hours ago

what ia the main source of income of the banks​

Answers

Answered by ItszBrainlyQueen
4

Interest received

Interest received on various loans and advances to industries, corporates and individuals is bank's main source of income. 1 Interest on loans: Banks provide various loans and advances to industries, corporates and individuals. The interest received on these loans is their main source of income.

Answered by yashaswisahu53
0

Answer:

Interest recieved

Explanation:

Interest received on various loans and advances to industries, corporates and individuals is bank's main source of income. 1 Interest on loans: Banks provide various loans and advances to industries, corporates and individuals. The interest received on these loans is their main source of income.

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