ananyalohani2012 ananyalohani2012
  • 18-04-2021
  • Social Studies
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How does bank help us in our life? Discuss.

Respuesta :

shamusmcgraw
shamusmcgraw shamusmcgraw
  • 18-04-2021

Answer:

Banks borrow from individuals, businesses, financial institutions, and governments with surplus funds (savings). ... Through the process of taking deposits, making loans, and responding to interest rate signals, the banking system helps channel funds from savers to borrowers in an efficient manner.

Explanation:

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