Question

commercial bank or development bank issue thi document ​

Answer 1

ANSWER

A commercial bank is where most people do their banking, as opposed to an investment bank. Commercial banks make money by providing loans and earning interest income from those loans. The types of loans a commercial bank can issue vary and may include mortgages, auto loans, business loans, and personal loans.

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Answer 2

Answer:

Commercial banks - Commercial banks are that financial institutions branch under the RBI which is known as the banks for the Economy regulations.

This helps the Economy by proper regulation of money through accepting and lending money to a different class of people. These financial institutions also work as the agent for the business and other organizations managements.

Development bank - These are those banks whose main motive is to look up the matter of the society where development is needed. This is funded by the RBI under the certain set of instructions where the priority and motives are clear. This bank provides a certain amount of funds to the society at a particular rate to help them their infrastructure, living standards and Economy.