0
What else can I help you with?
What are functions of central bank India?
to provide loan to customers and other commercial banks. to check the functioning of commercial banks.
What is the best or lowest interest rate commercial banks charge their customers?
prime rate
Commercial banks or financial institutions have various types of checking and savings accounts for their customers.?
True!
Why does the Federal Reserve require commercial banks to have reserves?
To ensure that banks maintain a minimum amount of cash to meet the cash withdrawal requirements of its customers
How does Commercial banks obtain most of their funds?
Commercial banks obtain their funding in many ways. They may take up government bonds from the Central Bank, borrow money from other commercial banks, or source it from customers deposits. Shareholders funds are also used to make investments.
What are some services offered by the commercial banks?
Some of the different services available from commercial banks to its customers are:Checking/Current accountSavings accountsInternet/Mobile BankingATM CardsCheck BooksDeposit AccountsLoansCredit Cards etc.
What is the deposit management of a commercial bank?
Commercial banks have a deposit management system for their customers. This helps the bank track deposit processes and cash deliveries.
Where do forex bureaus buy their forex?
From the central bank's money exchange window, commercial banks, and directly from customers
Are commercial banks also closed on all stock market holidays?
To make it easy for there customers commercial banks and the stock market both close on the same major holidays. The Government makes the choice to close the stock market and the commercial banks have followed in their path to also close on the major holidays.
Definition of commercial banks?
A commercial bank is a regular bank that provides the day to day banking services to its customers.Some of the different services available from commercial banks to its customers are:Checking/Current accountSavings accountsInternet/Mobile BankingATM CardsCheck BooksDeposit AccountsLoansCredit Cards etc
What do the national commercial banks do?
Modern commercial banks provide both individual and corporate customers with an increasing number of financial services. Recent innovations in this industry include the introduction of credit cards, accounting services for corporate firms.
Can holding companies issue commercial paper?
Holding companies are able to raise capital using methods that banks are restricted from practicing, such as issuing commercial paper
