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Principal Assets and Liabilities and Number of Commercial Form

Principal Assets and Liabilities and Number of Commercial Form

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hello and welcome to marketing91.com let's start with understanding commercial banking a banking company means any company which transacts the business of banking banking means accepting for the purpose of lending of investment of deposits of money from the public payable on demand or otherwise and withdraw able by cheque draft or otherwise functions of commercial banks are divided into primary and secondary functions primary functions includes accepting deposits making advances and credit creation secondary functions include clearing checks selling or purchasing shares and bonds transferring money serving as trustee serving as representative paying and accepting money and providing letters of credit the first primary function of commercial banks is accepting deposits commercial banks accept various types of deposits from the public such as saving account deposits recurring account deposits and fixed deposits making advances commercial banks provide loans and advances in variou

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