Economy, asked by jameskwofie572, 5 hours ago

Distinguish between commercial banks and rural banks

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Answered by Anonymous

3

Answer:

ꜱᴄᴏᴘᴇ ᴏꜰ ʀʀʙ ɪꜱ ʟɪᴍɪᴛᴇᴅ ᴛᴏ ᴀɢʀɪᴄᴜʟᴛᴜʀᴇ ꜰɪɴᴀɴᴄᴇ, ꜱᴍᴀʟʟ ꜱᴇᴄᴛᴏʀ ʟᴏᴀɴꜱ, ʜᴀɴᴅɪᴄʀᴀꜰᴛꜱ ᴀɴᴅ ᴏᴛʜᴇʀ ꜱᴍᴀʟʟ ꜱᴇᴄᴛᴏʀ ʟᴏᴀɴꜱ, whereas ꜱᴄᴏᴘᴇ ᴏꜰ ʀʀʙ ɪꜱ ʟɪᴍɪᴛᴇᴅ ᴛᴏ ᴀɢʀɪᴄᴜʟᴛᴜʀᴇ ꜰɪɴᴀɴᴄᴇ, ꜱᴍᴀʟʟ ꜱᴇᴄᴛᴏʀ ʟᴏᴀɴꜱ, ʜᴀɴᴅɪᴄʀᴀꜰᴛꜱ ᴀɴᴅ ᴏᴛʜᴇʀ ꜱᴍᴀʟʟ ꜱᴇᴄᴛᴏʀ ʟᴏᴀɴꜱ, ᴡʜᴇʀᴇᴀꜱ ꜱᴄᴏᴘᴇ ᴏꜰ ᴄᴏᴍᴍᴇʀᴄɪᴀʟ ʙᴀɴᴋꜱ ɪꜱ ᴡɪᴅᴇ ᴀɴᴅ ɪᴛ ɴᴏᴛ ᴏɴʟʏ ᴘʀᴏᴠɪᴅᴇꜱ ᴀɢʀɪᴄᴜʟᴛᴜʀᴇ ꜰɪɴᴀɴᴄᴇ ʙᴜᴛ ᴀʟꜱᴏ ʜᴏᴜꜱɪɴɢ ʟᴏᴀɴ, ᴄᴀʀ ꜰɪɴᴀɴᴄᴇ, ʟᴇᴛᴛᴇʀ ᴏꜰ ᴄʀᴇᴅɪᴛ, ᴄʀᴇᴅɪᴛ ᴛᴏ ʙɪɢ ᴄᴏᴍᴘᴀɴɪᴇꜱ ᴀɴᴅ ꜰᴏʀ ᴍᴀɴʏ ᴀᴄᴛɪᴠɪᴛɪᴇꜱ.

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