Scheduled banks | Non scheduled banks – Banking Structure

Banking Structure
Scheduled and non scheduled banks

Working of banks?

How banks works? In short- Bank gets deposits from its deposit customers. Customers in return get interest. The number of people who deposit money is generally larger than lending customers(who takes loans). So the bank has enough money to pay interest(to depositors) and give loans(to lending customers). Lending customers have to pay an interest which is a larger amount. That becomes income to the bank. That is how banks earn to sustain their operations.

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