What is real sources of income for banks?
Answers
Answered by
1
Answer:
1.Interest on loans: Banks provide various loans and advances to industries, corporates and individuals. ...
2.Interest on investments: Banks invest in various government and rated securities, and earn interest and dividends from these investments.
3.Fees income: ...
4.Forex operations: ...
5.Commission on third party products:
Explanation:
hope it's helpful to you
Answered by
1
Answer:
The money deposited and the money lended along with interest will lead to the income of a bank
Borrowers pay the interest - Money deposited
Explanation:
5000 + 500 interest - 5000 = 500
so the income is 500
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