explain bankers bank function of commercial bank?
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Answer:
It holds the same relationship with the commercial banks as commercial bank holds with its customer. The central bank accepts deposits from the commercial banks and holds it as reserves for them
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Explanation:
It holds the same relationship with the commercial banks as commercial bank holds with its customer. ... The commercial banks are compulsorily required to hold a part of their deposits as reserves with the central bank in accordance with the cash reserve ratio (CRR)..
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