Business Studies, asked by atulya9778, 10 months ago

funtion of commercial banks

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Answered by simran7539

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$<!DOCTYPE html><html><head><meta name="viewport" content="width=device-width, initial-scale=1"><style>body { background-color: black; font-family: cursive;}.glow { font-size: 30px; color: #fff; text-align: center; -webkit-animation: glow 1s ease-in-out infinite alternate; -moz-animation: glow 1s ease-in-out infinite alternate; animation: glow 1s ease-in-out infinite alternate;}@-webkit-keyframes glow { from { text-shadow: 0 0 10px #fff, 0 0 20px #fff, 0 0 30px #e60073, 0 0 40px #e60073, 0 0 50px #e60073, 0 0 60px #e60073, 0 0 70px #e60073; } to { text-shadow: 0 0 20px #fff, 0 0 30px #ff4da6, 0 0 40px #ff4da6, 0 0 50px #ff4da6, 0 0 60px #ff4da6, 0 0 70px #ff4da6, 0 0 80px #ff4da6; }}</style></head><body><h1 class ="glow"> The primary functions of a commercial bank are accepting deposits and also lending funds. Deposits are savings, current, or time deposits. Also, a commercial bank lends funds to its customers in the form of loans and advances, cash credit, overdraft and discounting of bills, etc.</h1></body></html>$

Answered by chirag829089

Answer:

♥

Accepting deposit and lending funds ♥

Explanation:

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.

♥ Hope it will help you ♥

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funtion of commercial banks