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Why do you have banks?

Kaitlin Dean

in Student Loans

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Nicholas Rivera on April 9, 2018

Banks are an integral part of the economy, since they keep the cash flow circulating between those who have surplus and those who need cash. Banks accept deposits from peoplethat have surplus cash and disburse loans to people who need cash for several reasons. Apart from offering checking accounts, savings accounts, debit cards, credit cards, DEMAT/Trading accounts, etc

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