InvestorQ : mention two main functions of banks
Devya joshi made post

mention two main functions of banks

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SHOBHIT BANSAL answered.
9 months ago
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The two main functions of commercial banks are
-
1 - To provide loans to the companies , traders , industrialists , HUF , individual,etc

2
- To take money from public and give an interest on these amount .

Note : you may note that bank take interest
From borrowers is higher than what is paid by them to investors.

This difference they are gaining contribute to bank earnings.

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