Financial intermediation
It works as follows: Savers (lenders) give funds to An intermediary institution (such as a bank), who then gives those funds to Spenders (borrowers) This may be in …
Read MBA, BBA, B.COM Notes
It works as follows: Savers (lenders) give funds to An intermediary institution (such as a bank), who then gives those funds to Spenders (borrowers) This may be in …