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How does banks get the money …

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How does banks get the money for their use?

    • Posted by Mumaiz Peer 6 years, 10 months ago

    CBSE > Class 10 > Social Science
    • 1 answers

    Yash Agrawal 6 years, 10 months ago

    Banks earn money as they charge higher rate of interest on loans than what they offer on deposits.The difference of interest is their main source of income.

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