answersLogoWhite

0


Best Answer

As you might already know, the main business for banks is accepting deposits and granting loans. The more the loans the banks disburse the more profit they make. Also, banks do not have a lot of their own money to give as loans. They depend on customer deposits to generate funds for granting loans to other customers. So a deposit mobilization scheme would encourage customers to deposit more cash with the bank and this money in turn will be used by the bank to disburse more loans and generate additional revenue for themselves.

User Avatar

Wiki User

13y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is the meaning of Mobilization of credit in banking?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is the meaning of Mobilization of deposits in banking?

It means campaigning and collecting customer deposits. for ex: a bank may have a campaign with advertisements and gifts to attract deposits. That is called mobilization of deposits


What has the author Suresh C Mehta written?

Suresh C. Mehta has written: 'Agricultural credit mobilization and allocation' -- subject(s): Agricultural credit, Banks and banking


What is the meaning of l c in banking finance?

Letter of Credit


What does social mobilization mean?

what are the real meaning of social mobilization


What does social mobilization mean exactly?

what are the real meaning of social mobilization


What is the meaning of point of mobilization and demobilization?

Mobilization is where you get prepared or ready something, such as combat. Demobilization is where you do the opposite of mobilization, getting unprepared.


Is Barclaycard online banking for credit cards or traditional banking?

Barclaycard online banking is for both credit cards and online traditional banking. The Barclaycard Classic credit card gives you the extra flexibility you may need with your finances.


What is the meaning of money mobilization?

handling money in the right thing ........................


What is meaning of Mobilization of Money?

handling money in the right thing ........................


What is the meaning of remote banking?

rural banking


What does Credit Agricole do for its customers?

Credit Agricole do what they themselves call "Customer-Focused Banking", they offer retail banking, corporate and investment banking as well as specialised financial services.


What is the meaning of protein mobilization?

go clean your nose and eat your butt...