Write short note on primary functions of commercial banks.
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Primary Functions of Commercial Banks. Accepting Deposits :Commercial bank accepts various types of deposits from public especially from its clients. ... Making Advances : The commercial banksprovide loans and advances of various forms. It includes an over draft facility, cash credit, bill discounting, etc.
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here is ur answer.....
Primary Functions of Commercial Banks. Accepting Deposits :Commercial bank accepts various types of deposits from public especially from its clients. ... Making Advances : The commercial banksprovide loans and advances of various forms. It includes an over draft facility, cash credit, bill discounting, etc.
mark it as brainlist plz
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Primary functions of Commercial Banks
A commercial bank's primary function is to accept deposits and also to borrow funds. A commercial bank is a budgetary foundation that plays out the elements of accepting deposits from the overall population and giving credits for speculation with the point of winning benefits. The essential elements of a business bank are enduring deposits and fund assets. Deposits are reserve funds, current, or time deposits. Likewise, business bank loans assets to its clients as advances, money credit, overdraft, and limiting of bills.
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