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What do banks do with the …

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What do banks do with the deposits which they accept from the public?explain
  • 2 answers

Sonali Aggarwal 6 years, 9 months ago

Banks give the money deposited by the people to other people demanding loan.On this loan bank charges interest and earns money.

Jatin Kumar 6 years, 9 months ago

Because they get interest on deposit . So that that they earn money.
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