Industry of banking

Concept of Financial Intermediation                  Suppose you want to start a restaurant and at the same time , a woman name urshula, who lives in another state, has money to invest in a start-up business. if you and urshula could somehow cross paths, she could invest in your business and you could fulfill your dream of entrepreneurship. since you probably would never find urshula on your own. because she lives in another state, there's a process called financial intermediation that can ensure both of you meet your goals.  According to this example the basic idea of financial intermediation; connect borrowers with savers; these intermediates help channel funds from one person, or entity to another. Borrowers and Savers There are two main roles in the financial intermediation process; borrowers also known as spenders and savers also called lenders,let's look at who's borrowers and savers. Borrowers   - Borr...