Question

Why banks get/deposit the money with the people.? Is bank have no money to give the loans to borrowers?

Answer 1

Answer:

So answer is

Explanation:

The system of bank in

The RBI bank gave every small bank a fixed money to exchange and deposits

They Gave loan to and borrowers from their own bank currency

When other depositors deposit their money in bank the bank is able to return them in future and after when borrowers gave whole money back to bank on an interest according their time period

The bank has a double amount as an profit