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7 Main Functions of a Commercial Bank

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:

By |2011-04-11T18:16:21+00:00April 11, 2011|Economics|Comments Off on 7 Main Functions of a Commercial Bank

What is a Central Bank?

In the monetary and banking set-up of a country, central bank occupies central position and perhaps, it is because of this fact that this is called as the central bank. In this way, this bank works as an institution whose main objective is to control and regulate money supply keeping in view the welfare of the masses.

By |2011-04-11T18:02:52+00:00April 11, 2011|Economics|Comments Off on What is a Central Bank?
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