Business Studies, asked by harshugawade14, 6 months ago

Short notes on primary functions of bank​

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Answered by BrainlyMind813
5

Answer:

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.

Explanation:

Answered by Jellymelly
0

Answer:

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.

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