Business Studies, asked by amansidhu9966383, 7 hours ago

Banking
of what are commercial Banks? Dicus
Various funcion performed by lam
mercial bank​

Answers

Answered by navjeevanjotsingh216
1

Answer: Commercial banks accept deposit from general public and provide short-term loans to the trades and industries .

Functions : 1) Commercial banks provide financial services like savings Ac, Fixed Deposits,Reccuring Deposit, Current Ac and home safe Ac to genral public to increase saving habits among them.

2) Commercial banks provide facilities of loans, overdraft,cash credit,bills of discount etc. to the public.

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