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What is a commercial institution?
A commercial institution is a bank that provides services such as accepting deposits, making business loans, and offering basic investment products. It is different from an investment bank, due to banking regulations.
What are sundry deposits?
Sundry deposits are assorted deposits that you may have. They may include having a checking and a savings account.
Accepting of others?
tolerant
One of the biggest obstacles in starting a business is?
Accepting responsibility
What are non-resident deposits?
Non Resident Deposits are deposit accounts created by customers who don't reside in the country where the bank operates. For example if you go abroad on work and then open a fixed deposit in a bank in India, it will be termed as a Non-Resident Deposit.
What is accepting deposits by a commercial bank mean?
thats a dum answer
Which function is not provided by financial institutions?
Accepting deposits payable on demand.
What does accepting deposits mean?
It means to give a down payment , towards the article.
Primary functions of commercial bank?
Accepting deposits,advances of loan ,credit creation
In the 1600's what services did banks begin to provide than accepting money deposits and charging interest on loans?
Banknotes and checks.
What groups are part of state commercial banks?
This category includes commercial banks and trust companies (accepting deposits) chartered by one of the states or territories.
What groups are part of national commercial banks?
This classification includes commercial bank and trust companies (accepting deposits) chartered under the National Bank Act.
Services provided by the bank?
Some services are 1. Accepting deposits 2. Granting loans 3. Maintaining accounts 4. Demand drafts & cheques 5. Funds transfer etc...
What is a commercial institution?
A commercial institution is a bank that provides services such as accepting deposits, making business loans, and offering basic investment products. It is different from an investment bank, due to banking regulations.
What are three services that banks provide?
The three services that banks provide include saving accounts, accepting deposits and providing loan facilities. Banks have diversified their service and have so much more to offer.
What are the types of deposits available in Dubai?
Deposits in Dubai are almost similar to what you can avail in countries across Asia. Fixed deposits, call deposits, recurring deposits and flexible deposits are some of the common types of deposits available in Dubai.
What is a savings and loans?
Savings and loan association or S&L is commonly known as thrift is a kind of financial institution or organization that specializes in accepting savings deposits and lending funds or loans for other companies with a certain rate of return and interests.
