Business Studies, asked by pavi926, 1 year ago

Difference between commercial bank and industrial bank maximum 8 points

Answers

Answered by manjitdas221
13
1)Commercial Bank is a bank which primarily provides financial facilities to commercial activities.

Industrial Bank is a bank which primarily provides financial facilities to industrial or productive activities.

2)Commercial Banks generally provides short-term loans for meeting working capital needs.

Industrial Banks generally provides long-term loans for meeting fixed capital needs.

3)Commercial Banks provides finance for a short duration.

Industrial Banks provides finance for a longer time period like 15 or 20 years.



4)Commercial Banks provides agency and general utility services to its clients.

Industrial Banks provides underwriting promotional and consultancy services to its clients.
Sorry I know just four points.
Answered by usjadhav2001
0

Answer:

ok

thank you

likes my All ans

ok

thank you

Similar questions