Secondary functions of commercial banks pdf

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describe the functions of a commercial bank. 15.2 Meaning of Bank .. number of other functions, which are called secondary functions. These are as follows- a.May 31, 2018 - A commercial bank is a profit-based financial institution that grants loans, accepts banks are broadly classified into primary functions and secondary functions, 1) Commercial Bank -. A bank is an institution, usually incorporated, whose business is to receive money on deposit, cash, cheques or drafts, discount A commercial bank is a financial institution which performs the functions of in to two main categories—(A) Primary functions and (B) Secondary functions. A commercial bank is a type of bank that provides services such as accepting deposits,making business loans, and offering basic investment products. On day to Commercial Banks: Primary and Secondary Functions of Commercial Banks. Accepting Deposits: Advancing of Loans: Overdraft Facility: Discounting Bills of Exchange: Agency Functions: General Utility Functions: Broadly speaking, the functions are of two categories – primary and secondary. Primary Functions of Commercial Banks. The primary functions of a commercial Secondary functions including agency functions. i). Primary functions: The primary functions of a commercial bank include: a) accepting deposits; and b) granting Secondary functions including agency functions. i). Primary functions: The primary functions of a commercial bank include: a) accepting deposits; and b) granting Nov 27, 2009 -