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Commercial bank,Functions of Commercial Banks( in Hindi)
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Commercial banks, functions of bank( in hindi)

Prabhjeet kaur
B.com second topper of institute since 5 years and have an 2 years tuition experience I want to become a professor, bank manager.

Unacademy user
sir plz add numericals also
Udit Gupta
a month ago
Wo alag see itne sare courses Hain usme dekhiye... Waise ek graph based kinematics ka 50Q Wala course hoga next... Khush raho!
  1. Commercial banks


  2. Meaning of commercial banks O Commercial banks is a profit based financial institution, they grants loans, accept deposits, O Provide facility, overdrafts and electronic Transfer of funds


  3. Functions of commercial banks 1. Primary banks. 2. Secondary banks O PRIMARY FUNCTIONS: O Accepting deposits O Demand deposits O Time deposits


  4. Secondary functions 1. Agency functions: O collecting cheques: behalf of the customer. O Collecting income: banks collects pension,rents,on behalf of the customer. O Paying expenses: the payments of various obligations, telephone bills,school fees,rents. 2. GENERAL UTILITY FUNCTION; O providing locker facility. Transferring funds. O Banks issue traveler cheques.


  5. Other function O Creating money. O Electronic banking O Bank credit.