How Bank gets Money?



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

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