How Bank gets Money?
Answer / deepak
Banks make money by lending your money out at interest and by charging you for services provided. Banks keep on lending money.
The other big revenue items generated by banks are the fees they charge. Bank charge for every service, whether it is for an electronic transaction, or permitting a transfer through the Internet banking system.
When banks get profits they invest in other companies and in return they will get money
Is This Answer Correct ? | 0 Yes | 0 No |
Name the majority stack subsidiary of rbi.
What is NSDL?
0 Answers State Bank Of India SBI,
Are You A Reliable Person With Strong Work Ethics?
What are current tax exemption limits?
Do you think Activity Diagram is important and how?
What idea do you have about the Banking Industry?
What are the first 30 companies in BSE and what are the first 50 companies in NSE
Define Banking and what are the other services provided by the banks?
0 Answers State Bank Of India SBI,
what is G.D.P
When were banks nationalized?
What is funding?
What is Financial Ratio?