Economy, asked by Hritik1927, 8 months ago

Aim and Objective of commercial Bank

Answers

Answered by shaguftajabeen12890

Answer:

main objective of a commercial bank is to accept deposit from public and pay interest to them as fees. Then lend that money to others, in need for various purposes. Like home loan , car loans, credit card, education loans, business etc. and earn interest.

Answered by shivani7094

Answer:

commercial bank fell in providing finance and financial services to business and commerce. they usually provide short to medium tirm laons.. the development of economy depends on them..

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