Math, asked by santrapayel406, 10 months ago

Functions Of banks??

Answers

Answered by BAAZ7466
1

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  1. Accepting Deposits. The bank collects deposits from the public. .
  2. Granting of Loans and Advances. The bank advances loans to the business community and other members of the public

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Answered by ronaldoChristiano
4

Functions of Commercial Banks: - Primary functions include accepting deposits, granting loans, advances, cash, credit, overdraft and discounting of bills. - Secondary functions include issuing letter of credit, undertaking safe custody of valuables, providing consumer finance, educational loans, etc.

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