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2.. granting loans and advances
advances like:
1. Cash draft
2.Overdraft
3. Discounting Bills
Wiki User
∙ 13y ago
Wiki User
∙ 15y agoA bank's main function is to act as a intermediary.
1. Bank is accepting deposits from people or other institutions
2. Bank is offering loans
3. Remittances
4. Acting as a truster
5. Keeping valuables in safe custody
6. Government business
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