Question

Write short notes on Functions of Financial Intermediaries.

Answer 1

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A financial intermediary performs the following functions: ... Giving short and long term loans is a primary function of the financial intermediaries. Theseintermediaries accept deposits from the entities with surplus cash and then loan them to entities in need of funds.

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Answer 2

Explanation:

Giving short and long term loans is a primary function of the financial intermediaries. These intermediaries accept deposits from the entities with surplus cash and then loan them to entities in need of funds. ... Another major function of these intermediaries is to assist clients to grow their money via investment.