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Bank Megha diligently manage the local …

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Bank Megha diligently manage the local bank it proved when planning she allocated a small portion of the deposits as cash resource for with those mean while entrepreneur Ram approach to the bank seeking a long for his business venture Megha acting as a mediator United him the fund charging a higher interested rate than what she offer to the deposits how do Bank premier league generate income

Posted by Shiva Jee Singh 1 year, 8 months ago

CBSE > Class 10 > Social Science

1 answers

Harshada Bhor 1 year, 8 months ago

Banks generate income by acting as a mediator between depositors and borrowers. Their income is the difference between what they charge on borrowers and offer to depositors.

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