Question

commercial banks offer loans only for purpose of investment . write true or false with a reason . ( don't give the useless or meaning less answers.
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Answer 1

Explanation:

A commercial bank is a financial institution which accepts deposits from the public and gives loans for the purposes of consumption and investment to make profit.It can also refer to a bank, or a division of a large bank, which deals with corporations or large/middle-sized business to differentiate it from a retail bank and an investment bank. Commercial banks include private sectorbanks and public sector banks.