wiz-icon
MyQuestionIcon
MyQuestionIcon
2
You visited us 2 times! Enjoying our articles? Unlock Full Access!
Question

what is the function and role of bank.

Open in App
Solution

These are the financial institutions which accepts different forms of deposits and lends them to the prospective borrowers as well as allows the depositors to withdraw their money from accounts by cheque .They provide customers with loans etc.

flag
Suggest Corrections
thumbs-up
1
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Sources of Finance II
BUSINESS STUDIES
Watch in App
Join BYJU'S Learning Program
CrossIcon