Main features of commercial Bank ?
Answers
Answered by
1
main feature of commercial bank is to give loan and deposit money or other valuable property documents or jewellery.
tania19:
plz mark it branliest answer
Answered by
2
Answer:
Main features of commercial banks are as follows:
(i) It deals with money, it accepts deposits and advances loans.
(ii) It also deals with credit, it has the power to create credit.
(iii) It is a commercial institution, whose aim is to earn profit.
(iv) It is a unique financial institution that creates demand.
(v) It deals with the general public.
Similar questions