Question

What is the real source of income for banks 0?

Answer 1

Answer:

$\huge\mathbf\red{Interest\:on\:loans}$: ⏩⏩Banks provide various loans and advances to industries, corporates and individuals. The interest received on these loans is their main source of income. Interest on investments: Banks invest in various government and rated securities, and earn interest and dividends from these investments.⏪⏪❤❤✌✌#BAL