explain the utility functions of commercial banks
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A commercial bank performs utility functions for the benefits of its clients. It provides certain facilities or products to its clients as follow: Issue of Drafts and Cheques: ... A bank issue drafts to its account holders as well as non-account holders whereas cheques are issued only to the account holders.
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A commercial bank performs utility functions for the benefits of its clients. It provides certain facilities or products to its clients as follow: Issue of Drafts and Cheques: A bank issue drafts to its account holders as well as non-account holders whereas cheques are issued only to the account holders.
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