Business Studies, asked by vicky4518h, 6 months ago

what do you understand by bank? also give the function of commercial bank​

Answers

Answered by megha8848
1

Explanation:

The primary functions of a commercial bank are accepting deposits and also lending funds. Deposits are savings, current, or time deposits. Also, a commercial bank lends funds to its customers in the form of loans and advances, cash credit, overdraft and discounting of bills, etc.

Answered by sukhvirsingh72
2

Answer:

The primary functions of a commercial bank are accepting deposits and also lending funds. Deposits are savings, current, or time deposits.

Explanation:

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