Economy, asked by pattanayak9675, 1 year ago

conclusion for functions of commercial banks

Answers

Answered by Anonymous
42
Heya....

* Commercial banks serves as the area where we can invest our surplus income...

* It is capable for credit creation...

* Loans are provided by commercial banks..
Answered by Anonymous
64

Commercial banks are the most important part of our country's economic systematics.

Commercial banks can be government operated or can be privately authorised.


~ commercial banks control the flow of money in the market.


~ commercial banks also appove loans and financial credits.


~ they also provide short time loans in exchange of valuables (eg. Gold and Silver)


And many more....


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