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Name : Farhan
Subject: Limit on profits of banks
Message : I have been given an assignment to present on the topic that "Should there be any limit on the amoung of profit Banks reap from Customers????". Could anyone come up with a justification for that...in my opinion yes there should be a limit by the government on the interests charged or the loans or other services..and bank should try to earn profit by investing in lucrative business rather then charging high interests on their services this would give more confidence to the customers ( esp lower class) to attain loans from them.. Can anyone justify the above thing or if he/she has a contradiction to this..plz do put in some suggestions.




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