Functioning of bank
Lost your password? Please enter your email address. You will receive a link and will create a new password via email.
Please briefly explain why you feel this question should be reported.
Please briefly explain why you feel this answer should be reported.
Please briefly explain why you feel this user should be reported.
The main functions of commercial banks are accepting deposits from the public and advancing them loans.However, besides these functions there are many other functions which these banks perform. All these functions can be divided under the following heads:Accepting depositsGiving loansOverdraftDiscounting of Bills of ExchangeInvestment of FundsAgency FunctionsMiscellaneous Functions.