Business Studies, asked by paritoshbehera19, 4 months ago

What is a Merchant Bank? State two functions of indigenous bankers

Answers

Answered by anshswain34

0

Explanation:

Indigenous bankers provide finance and remittance facilities to traders and small industrialists by advancing loans; writing, buying and selling hundis; writing finance bills and trade bills. Thus they help not only in financing internal trade but also in expanding it.

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