Question

explain any two ways of advancing loans by commerical banks ​

Answer 1

Answer:

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Explanation:

Another method of advancing loan is cash credit method. By cash credit arrangements, a customer is granted an advance up to a certain limit, which he can draw from time to time required by him. ... Cash credit is a short term commercial loan, which is advanced to businessmen and industrialists against tangible securities.

Answer 2

Explanation:

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