Business Studies, asked by jasnoor148023, 6 months ago

Which institute is called a Debtor as well as creditors?​

Answers

Answered by kavya2005kk
3

Answer:

Banks

Explanation:

Banks are called debtors as well as creditors because banks accept various types of deposits from the public such as savings account deposit, current account deposit and fixed account deposit, and pay interest on them. ... Besides this, they grant loans and advances on the basis of the total deposits available with them.

Answered by AngelinaJomoh
1

Answer:

Banks

Banks

Banks

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