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Pakistan can address its woes by increasing bank borrowers
ISLAMABAD: Resource mobilisation is the key function of commercial banks. If we define a bank properly, it means it lends money or advances loans. Through lending money, commercial banks provide finance from a surplus unit of the economy to a deficit unit of the economy. It means banks in an economy works like the heart in a human body as they keep on circulating the money, like the heart keeps circulating the blood.
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Pakistan can address its woes by increasing bank borrowers
ISLAMABAD: Resource mobilisation is the key function of commercial banks. If we define a bank properly, it means it lends money or advances loans. Through lending money, commercial banks provide finance from a surplus unit of the economy to a deficit unit of the economy. It ...
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