define commercial bank explain it's funetions
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A commercial bank is a kind of financial institution that carries all the operations related to deposit and withdrawal of money for the general public, providing loans for investment, and other such activities. ... The bank receives the deposits and gives money to various projects to earn interest (profit).
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A commercial bank is a kind of financial institution that carries all the operations related to deposit and withdrawal of money for the general public, providing loans for investment, and other such activities. ... The bank receives the deposits and gives money to various projects to earn interest (profit).
Explanation:
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