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The main functions of the National Bank of Ethiopia?
To license & supervise banks & hold commercial banks reserves & lend money to them.
What is the difference between the commercial banks and micro finance banks?
The difference between the commercial banks and micro finance banks is in their functions and ability. The main difference is in the lending limits with micro finance banks having lower limits.
What are the functions of commercial banks in Kenya other than the normal banking functions?
functions of kenya commercial bank
What are functions of central bank India?
to provide loan to customers and other commercial banks. to check the functioning of commercial banks.
What does the Fed do for commercial banks?
The main thing the Fed does is that it is the Bank that Banks deposit their money in.
What are the types of banking in India?
The 3 main category of Banks in India are:Regular - Commercial BanksUrban Cooperative BanksRural or Grameen Banks
What is expanded commercial banks or universal banks?
An expanded commercial bank is a type of financial institution that goes beyond the traditional functions of a regular commercial bank. While commercial banks primarily handle transactions such as deposits, checking account services, and loans for individuals and businesses, expanded commercial banks have additional capabilities. These extended functions allow them to offer a broader range of services to their customers.
What are the main and initial activities performed by the commercial banks in industrial finance?
NO
Main functions of central bank?
The main function of the central banks is to supervise the functioning of the member banks in the country. for example the Reserve Bank of India - RBI supervises the functioning of all the banks in India like state bank, icici, hdfc etc
Classification of Banks in India?
Classification of Banks in India is done into four main classes. The classes include commercial banks, savings banks, public sector banks and private sector banks.
What are the classification of banks?
Banks can be broadly classified into many categories based on the functions they perform and based on the services they offer. Some of the types of banks are: 1. Commercial/Retail Banks 2. Private Banks 3. Investment Banks 4. Rural Banks 5. Co-operative Banks 6. Industrial Banks 7. Etc.
What are the basic principles of a commercial banks?
There are a few main characteristics of a commercial bank. The main characteristic of a commercial bank is that they are operated for profit. The operate for businesses, provide loans both secured and unsecured, accept deposits, issue checks, offer safe deposit boxes, and process payments.
