Business Studies, asked by nandinivarshney566, 4 months ago

explain the different types of bank in india and functions of commercial banks with an example of each? ​

Answers

Answered by 61441
1

Answer:

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

Explanation:

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Answered by razahor
1

Answer:

commercial banks its main function is to accept deposits and also lending funds

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