Accountancy, asked by lizaashif8531, 6 months ago

Providing loan comes under which function of the bank?

Answers

Answered by srivastavshiv

Answer:

Primary functions

Explanation:

Commercial banks provide loans and advances of various forms, including an overdraft facility, cash credit, bill discounting, money at call, etc. They also give demand and term loans to all types of clients against proper security. They also act as trustees for wills of their customers etc.

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