Question

give two function of bank​

Answer 1

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• 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..

Answer 2

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

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