Question

What is relation of Bank with deposits and borrowers?​

Answer 1

Answer:

Banks are intermediaries between depositors (who lend money to the bank) and borrowers (to whom the bank lends money). The amount banks pay for deposits and the income they receive on their loans are both called interest.

Answer 2

Answer:

Banks are intermediaries between depositors (who lend money to the bank) and borrowers (to whom the bank lends money).