Question

write the role of banks in indian economy​

Answer 1

Answer:

banks mediate between those who have surplus money and Who are in need of money

banks helps in saving poor people from high rate of interest from money lenders

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Answer 2

Answer:

Hey mate answer of your question is given below by me......

Explanation:

Modern Bank plays important role in the economic development of the countries...The commercial banks help the large agricultural sector in developing countries .They provide loans to traders in agricultural commodities. They open a number of branches in rural areas to provide agricultural credit ....

I hope it can help u...

Thanks...

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