Business Studies, asked by JasonR5928, 10 months ago

give the definition of commercial bank given by some authors

Answers

Answered by HɪɢʜᴇʀKᴜsʜᴀʟBᴏʏSᴜʙs

Explanation:

Financial Definition of commercial bank-

Commercial banks are owned by shareholders and are run for a profit, which is largely obtained by lending at rates higher than they pay their depositors. dome7w and 2 more users found this answer helpful.

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