What is the main source of income of a bank?
1
Bank charges that the depositors pay for ; keeping their money safe is the main source of the bank’s income.
2
The difference between what is charged from the borrowers and paid to the depositors is the main source of bank’s income.
3
Banks earn huge amounts of money by investing the money of the depositors in various company shares.
4
The Government of India gives huge amounts of money to the banks to help their smooth functioning.