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What is sources of finance?

A "source of finances" is how you get your money or money for a major deposit. A source may be your paycheck from employment, from unemployment, from investments, or family help. If you need to finance, you can borrow money from your relatives or financial institutions such as bank.


The best time for people to borrow money is when?

this is from social studies.the best time for people to borrow money is when


Which financial institutions offer Money Network services?

There are many financial institutions that offer money network services. Places such as banks and financial advisors are the most prepared to help you in this area.


What do financial institutions do with money that depositors invest?

Financial institutions do various things with money that depositors invest. In most cases, the money is reinvested to generate more profits or utilized for development projects.


From where do people borrow money?

the bank


People you borrow money from are your?

Creditors


What is a financial institution teller?

Tellers are the people who receive and disburse money directly to customers. Some institutions call them cashiers.


What is fid loan in bank statement?

Financial Institutions Duty, a state duty which all financial institutions pay on the money paid to them. --pranav@dubey.in


How can I borrow money from overseas?

To borrow money from overseas, you can approach international banks, financial institutions, or peer-to-peer lending platforms. You will need to provide documentation such as proof of income, credit history, and collateral. Additionally, you may need to consider currency exchange rates and any potential legal or regulatory requirements in both your country and the country you are borrowing from.


What do people pay to borrow money?

The loan is called the principal. People pay interest to borrow money, but payment is interest plus money toward the principal.


What are the main reasons to borrow money and how can they impact your financial situation?

The main reasons to borrow money are for major purchases like a home or car, emergencies, or to invest in education or a business. Borrowing money can impact your financial situation by increasing debt, affecting credit score, and potentially leading to financial stress if not managed properly.


To combat the menace of money laundering what financial institutions has introduced the?

RBI