Economy, asked by Himanshusingh8055, 1 year ago

write a short note on commercial bank and its working

Answers

Answered by besst
2

A commercial bank is an institution that provides services such as accepting deposits, providing business loans, and offering basic investment products.The main function of commercial bank is to accept deposit from the public for the purpose of lending money to the borrowers. Commercial bank can also refer to a bank, or a division of a large bank, which more specifically deals with deposit and loan services provided to corporations or large/middle-sized business - as opposed to individual members of the public/small business.

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