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Write a note on the Commercial Bank of India. |
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Answer» A Commercial Bank is a financial institution which performs the functions of accepting deposits from the general public and giving loans for investment with the aim of earning profit. Commercial Banks plays a significant role in fulfilling the short term and medium term financial requirements of Industries. Commercial Back can be described as a financial institution, that offers basic investment products like a savings account, current account, etc to the individuals and corporates. |
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