Business Studies, asked by dawarbudroo, 7 months ago

discuss the modern functions of commercial banks? support answer with suitable example.

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Answered by jana07122002

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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