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Functions of Commercial Banks
SUBJECT : Economics
PUBLISHED ON : 09/12/13
NUMBER OF PAGES : ( 6 Pages)
PRICE : Rs 4.5

Commercial Bank occupies an important place in the modern economy. It acts as an intermediary between the savers and investors. It encourages saving habits among people, provides loans and advances for production purposes. It provides credit and utility services to the customers. Strong and well developed commercial banks are highly useful to achieve economic development. All economic activities are channelized through commercial banks.

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