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i think write its scope importane and other functins which provides banks.

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13y ago

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What is ordinary commercial bank?

ordinary commercial bank


What are differences between commercial bank and non bank financial institution?

difference between non bank and commercial bank?


What is the difference between expanded commercial bank and commercial bank?

A commercial bank primarily focuses on accepting deposits, offering loans, and providing basic financial services to individuals and businesses. An expanded commercial bank, on the other hand, goes beyond these traditional functions by offering a wider range of financial services, such as investment banking, wealth management, and insurance products. This broader scope allows expanded commercial banks to serve a more diverse clientele and participate in various financial markets. Essentially, while both types of banks engage in core banking activities, expanded commercial banks provide additional services that enhance their overall offerings.


Is reserve bank of India a commercial bank?

No. Reserve Bank of India is the central bank of India. It is not a regular commercial bank. It supervises and regulates the working and operations of all commercial banks in India. It has been in existence since the British Rule in India.


Is universal banking is also know as commercial banking?

Yes, Universal banking is commercial banking itself. However, Universal bank does more than a commercial bank. Universal Bank are what we call the "expanded commercial bank" (EK). Commercial banks are limited to allied banking only whereas a universal bank does allied and non-allied banking transactions.