Question

what are the functions of a bank​

Answer 1

Answer:

Receive and pay money on behalf

of People, Goverment,institutions. Render loan fascilities to the needy

by taking guarantees. Receive deposits such as savings bank, Current alc, fixed deposits (term deposit, )security a/c, Home Loans etc. and many other loans. provide gold loans. These are all under the rules and regulations of RBI

Answer 2

Answer:

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