what are the main function of commercial bank?
Answers
Answered by
2
The public deposits are used by commercial banks for the purpose of granting loans to individuals and businesses. Commercial banks grant loans in the form of overdraft, cash credit, and discounting bills of exchange.
Answered by
2
providing loans
credit creation
transfer of funds etc.
Similar questions
History,
6 months ago
Social Sciences,
6 months ago
English,
6 months ago
Science,
1 year ago
History,
1 year ago