Advertisements
Advertisements
Question
Name one commercial bank in India.
One Line Answer
Solution
HDFC is one of India's several commercial banks.
shaalaa.com
Commercial Banks: Functions
Is there an error in this question or solution?
APPEARS IN
RELATED QUESTIONS
With reference to the secondary functions of a Commercial Bank, explain the general utility function.
State the differences between a loan and an overdraft.
Which account holder gets Overdraft facility?
Commercial banks accept deposits, lend money and provide other services.
Commercial Banks are the lender of the last resort.
The advantage of having a bank account is that it ______.
Which of these are known as term/time deposits?
What is the difference between a loan and an overdraft?
Explain clearly three methods adopted by Commercial Banks to borrow money from the public.
What are current deposits?