Social Sciences, asked by TANI7777, 1 year ago

what purpose banks keeps a small portion of the deposits as cash with themselves

Answers

Answered by tikli15
1
Banks keep a small proportion of the deposits as cash with themselves for giving loans to other customers who are in need.

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Answered by blazegreninja54349
1

banks should have a minimum balance so as to give loans to peoples as the interest of the deposit is from the interest of the loans and banks do the process of rotating money

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