what's the main source of income for a bank?
Answers
Answered by
2
Interest
Interest received on various loans and advances to industries, corporates and individuals is bank's main source of income.
Answered by
1
Answer:
Interest
InterestInterest received on various loans and advances to industries, corporates and individuals is bank's main source of income. 1 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.
Similar questions