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The major source of income to commercial banks is?

The major source of income to commercial banks is?

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Answers (2)

mhizzlee
3 months ago
Interest on loans:
Banks provide various loans and advances to industries, corporates and individuals. The interest received on these loans is their main source of income.

2 Interest on investments:
Banks invest in various government and rated securities, and earn interest and dividends from these investments.

3 Fees income:
Banks charge fees for performing services like syndication of loans, accepting bills of exchange etc ..
isaaq
7 months ago
Answer:- The interest received from loans is the major source of income for commercial banks.
Banks provide various loans and advances to industries, corporates and individuals. The interest received on these loans is their
main source of income. 2 Interest on investments: Banks invest in various government and rated securities, and earn interest and dividends from these investments.
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