Economy, asked by shekhar25199p8m5qw, 1 year ago

discuss the function of commercial bank

Answers

Answered by mahek2003
2
Refers to one of the important functions of commercial banks. The public deposits are used by commercial banks for theĀ purposeĀ of granting loans to individuals and businesses. Commercial banks grant loans in the form of overdraft, cash credit, and discounting bills of exchange

shekhar25199p8m5qw: thanks
Answered by mansi178
0
commercial bank is profit based finical institution that grant loans,accept the deposit and offer other financial services such as overdraft facilities and electronic transfer of funds
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