Question

Visit the branch of any commercial bank and write a report on various functions performed by bank aims and objective

Answer 1

functions of commercial bank

Answer 2

A bank is a financial foundation that acknowledges deposits from the general population and makes credit. Loaning exercises can be performed either straightforwardly or in a roundabout way through capital markets. Because of their significance in the money related strength of a nation, banks are highly regulated in many nations. 

Banks play an essential part as a middle person, or go-between, in the budgetary system. They have three principle capacities: Banks are the place individuals can securely store their reserve funds, which banks at that point pay interest on. 

Commercial banks play a vital part in the money related system and the economy. As a key segment of the monetary framework, banks dispense funds from savers to borrowers in a proficient way. They give particular money-related services, which lessen the cost of getting data about the two investment funds and acquiring opportunities. These money-related services help to make the general economy more productive.