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Banks mobilise the surplus cash of individuals and businesses in the form of deposits and lend out this cash in the form of loans. It
Banks mobilise the surplus cash of individuals and businesses in the form of deposits and lend out this cash in the form of loans. It has been said that in this acion of banks they are not providers of financial assistance but are better described as purveyors of liquidity. Analyse this statement in the context of banks in the business of financial services
Banks mobilise the surplus cash of individuals and businesses in the form of
deposits and lend out this cash in the form of loans. It has been said that in this
acion of banks they are not providers of financial assistance but are better described
as purveyors of liquidity.
Analyse this statement in the context of banks in the business of financial services
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