Question

what are the function of banks? ​

Answer 1

HELLO MATE ....

Functions of Banks: -

Primary functions include accepting deposits, granting loans, advances, cash, credit, overdraft and discounting of bills. - Secondary functions include issuing letter of credit, undertaking safe custody of valuables, providing consumer finance, educational loans, etc.

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Answer 2

The functions of banks are :-

1. They accept deposits
2. They give credit
3. They granted loans

Hope it helps.....................!