Social Sciences, asked by narender9990602494, 10 months ago

describe the function of banks or commercial bank​

Answers

Answered by pranavsp
3

Answer:

The primary functions of a commercial bank are accepting deposits and also lending funds. Deposits are savings, current, or time deposits. Also, a commercial bank lends funds to its customers in the form of loans and advances, cash credit, overdraft and discounting of bills, etc.

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Answered by gc6015507
2

Answer:

Answer: The primary functions of a commercial bank are accepting deposits and also lending funds. Deposits are savings, current, or time deposits. Also, a commercial bank lends funds to its customers in the form of loans and advances, cash credit, overdraft and discounting of bills, etc

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