Banking · Deposit Accounts
How do Savings Bank Deposit Accounts primarily help commercial banks in terms of profitability?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1By raising capital for international investments.
- 2By creating an exclusive market for term deposits only.
- 3By offering low-cost deposits which can be profitably deployed into high-yielding advances.✓
- 4By providing high-cost deposits for long-term investments.
Correct answer
By offering low-cost deposits which can be profitably deployed into high-yielding advances.
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