Economy, asked by nandan4356, 8 months ago

What is the importance of banks​

Answers

Answered by Anonymous
1

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Safety of deposits. Banks are seen as a secure place to deposit money. ...

Interest on deposits. Commercial banks pay interest on deposits. ...

Loans. A bank can become more profitable by using a percentage of its deposits to lend to other customers. ...

Other features. Methods to make international payments. ...

Answered by yashassgowda071
1

Answer:

it makes our payment

it keeps our money safe

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