CBSE BOARD X, asked by neeraj833, 10 months ago

write the role of banks in indian economy​

Answers

Answered by aarushi9rawat
1

Answer:

banks are the formal sources of credit.

Explanation:

they play a key role in development of india.

they provide loans to traders ; farmers so that they can overcome their situations .

they also help the large agricultural sectors by providing them loans.

thus banks play a vital role in development of indian economy

please mark my answer as brainlliest.

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