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 |
What you will find in Balance Sheet?
What do we call an account in which trading of shares in their electronic form is done?
what is the punch line of iob????????
6 Answers Indian Overseas Bank,
What are the major products of the banking industry?
Name the organization that regulates RRBs in India?
What is paidup capital and why should the org increase the paid up capital?
what is entry load? what is exit load?
What are the advantages and disadvantages of proprietary firms?
Which banking services can be used through information technology (it)?
What do you know about BRIC countries?
If given a chance to improve the economic situation of the country, what are the various initiatives you will take?
Give key differences between BSE and NSE?
Business Administration (517)
Marketing Sales (1279)
Banking Finance (3209)
Human Resources (747)
Personnel Management (68)
Hotel Management (29)
Industrial Management (113)
Infrastructure Management (14)
IT Management (97)
Supply Chain Management (16)
Operations Management (39)
Funding (79)
Insurance (494)
Waste Management (1)
Labor Management (48)
Non Technical (73)
Business Management AllOther (546)