Question

Define the term Banker Explain his primary functions ​

Answer 1

Answer:

Collection of Deposits: The main aim of such banks is to accept deposits from the customers. Bank orders interest on the deposits and deposits made by public are safely kept in. banks. Provide loans and advances: Loans and credit facilities are also provided by commercial banks.

Explanation:

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Answer 2

Explanation:

Banker(noun) one who conducts the business of banking; one who, individually, or as a member of a company, keeps an establishment for the deposit or loan of money, or for traffic in money, bills of exchange, etc. Banker(noun)