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What is the activity of banks?
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14 votes
14 votes
What is the activity of banks?

User Nighil
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1 Answer

22 votes
22 votes

Various activities performed by Banks are:

Collecting deposits from the customers

Giving interest to the lenders

Giving loan to the corporate and individual who are in need of money

Taking or receiving interest from the borrowers

Safeguarding the valuable of customers by means of safe deposit vaults

Provide investment services like Mutual Funds

Provide Depository Services

User Misha Rudrastyh
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