What Are the Main Functions of Commercial Banks?

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Solution

Following are the main functions of commercial banks:
Accepting deposits
Lending of Funds
Transfer of Money
Discounting bills of exchanges
Locker facilities
Overdraft facilities
Stay tuned to BYJU’S for more such questions and answers on commercial banks and other topics of commerce.
Also see:
Difference Between Central Bank and Commercial Bank
MCQs on Commercial Banks

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