EBK THE ECONOMICS OF MONEY, BANKING AND
EBK THE ECONOMICS OF MONEY, BANKING AND
4th Edition
ISBN: 8220100668203
Author: Mishkin
Publisher: PEARSON
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Chapter 9, Problem 18Q
To determine

Why the noninterest income is growing as a source of bank operating income?

Concept Introduction:

Non-Interest Income- While the interest income is the interest that a bank receives on the loans, advances and investments in government bonds and securities, the other income of the banks as fees or income derived from activities beyond the purview of core lending activities of the bank is known as the non-interest income. These broadly include late fees, monthly account service charges, annual fees, service fees, inactivity fees, insufficient funds (NSF) fees, overdraft fees, over-the-limit fees, cheque fees, deposit slip fees, loan origination fees, loan servicing fees, gains and losses from the sale of loans and securities etc.

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