Business Studies, asked by likithas262, 4 days ago

explain briefly the functions of commercial banks [8m] {class 11}

please answer as soon as possible

Answers

Answered by davehomenims

0

Answer:

Here!

Explanation:

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. Mark me as BRAINLIEST PLEASE!!

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