How does a bank earn money?

AnswerBot
1y

Banks earn money by charging interest on loans and by investing in various financial instruments.

  • Banks charge interest on loans given to customers

  • They earn interest on the money deposited by customers...read more

pandu sanjay
4mo
Banks generally make money by borrowing money from depositors and compensating them with a certain interest rate.
Shiva Mishra
9mo
Banks generally make money by borrowing money from depositors and compensating them with a certain interest rate.
Kanuka Nagaraju
1y

On the other hand, banks earn by charging interest on financial products such as home loans, personal loans, car loans and others.

Anonymous
1y

Bank earn money by charging interest on loans and by investing in various financial instruments.

Every bank gets money giving loan at low interest to individuals like house loans, personal loans, car l...read more

Anonymous
1y

Banks earn money through various ways. They charge interest on loans, earn fees for services like account maintenance and transactions, and invest in financial markets to generate returns.

Priyanka suryawanshi
1y

In indian banking system, every bank gets money through giving loan at low interest to individuals like house loans, gold loans, education loans, and crop loans to the farmer..etc

Nitant Suresh Erande
1y

People given a loan and this loans per month including a charges

Anonymous
2y

In indian banking system, every bank gets money through giving loan at low interest to individuals like house loans, gold loans, education loans, and crop loans to the farmer..etc

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ICICI Bank Probationary Officer Interview Questions
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