Business Studies, asked by aftabmanahil152, 1 month ago

describe the primary functions of commercial bank?

Answers

Answered by sanjudnath

Answer:

Answer: The primary functionsof 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.

Answered by muskan3623

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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