Economy, asked by Tanmayrocket3131, 9 months ago

Explain any three function of a bank

Answers

Answered by dhruvgajith

5

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.

The secondary functions of a commercial bank are acting as an agent to its customers and also providing general utility services. That's all I know

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