Question

Discuss different functions of bank?​

Answer 1

Answer:

Functions of Commercial Banks: - Primary functions includeaccepting deposits, granting loans, advances, cash, credit, overdraft and discounting of bills. -

Answer 2

Explanation:

Functions of Commercial Banks: - Primary functions include accepting deposits, granting loans, advances, cash, credit, overdraft and discounting of bills. - Secondary functions include issuing letter of credit, undertaking safe custody of valuables, providing consumer finance, educational loans, etc.