Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

How Bank gets Money?

Answer Posted / 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



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What is Profit and loss account ?

1138


What is the capital structure of rrbs?

1347


What is earning per share? What does it show?

1126


How will management improve the banking services?

1047


What are the problems in CIBIL updation? How will you convince your angry customer whose name is default list even after repayment of complete loan?

1032


What can be done to eradicate poverty from the country?

1145


Explain About Openpages Policy And Compliance Management ?

1495


How Bank Earns Profit?

1126


How will banks help in improving the economy?

1107


What is accretion accounting?

1177


What Are The Characteristics Of A Trigger?

1118


What services are provided by 'virtual banking'?

1121


What do you know about PM Suraksha Bima Yojana?

1182


What do you think is going to happen with interest rates over the next six months?

1156


Tell me the levels of traders?

1139