Business Studies, asked by chan5681, 9 months ago

What are the banking funcation of indigenous bankers

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Answered by Anonymous
5

Answer:

The indigenous bankers perform a number of banking and non-banking functions which are explained as under:

  • Accepting Deposits.
  • Advancing Loans: ...
  • Discounting Hundis: ...
  • Remittance Facilities: ...
  • Financing Inland Trade: ...
  • Speculative Activities: ...
  • Commission Agents: ...
  • Run Firms:
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