Business Studies, asked by dumnesaileela, 1 year ago

explain the features of commercial banks?

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Answered by Anonymous
4

The two most distinctive features of a commercial bank are borrowing and lending,

i.e., acceptance of deposits and lending of money to projects to earn Interest (profit). In short, banks borrow to lend.


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Answered by Anonymous
2

Answer:-

The two most distinctive features of a commercial bank are borrowing and lending.ie, acceptance of deposit and lending of money to projects to earn interest (profit). In short, banks borrowed to lend.

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