Write a short note on commercia banks

A commercial bank is a kind of financial institution which carries all the operations related to deposit and withdrawal of money for the general public, providing loans for investment, etc. These banks are profit-making institutions and do business only to make a profit.


There are three different types of commercial banks.

  • Private Bank
  • Public Bank
  • Foreign Bank


Listed below are the functions of a commercial bank

  • Accepts deposit
  • Provides Loan and Advances
  • Credit Cash
  • Discounting bills of exchange
  • Overdraft Facility
  • Purchasing and Selling of the Securities
  • Paying and Gather the Credit

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