3 years ago

Which financial Institutions offer savings only to a select group?

Social Studies

1 answer:

Alekssandra [29.7K]3 years ago

6 0

Answer: savings bank

Explanation:

Saving bank is an institution which deposits funds and also grant lone for selected groups based on their needs and special interest rates are generated for each group according to the government and banking policies which can be interrelated depending on the demand and lending sector. For example, there will be special interest rates and tenure for repay for business, agriculture, and educational loans.

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