Question

Role of commercial banks

08 Jan 2021
Answer :
Word Count : 240

The general role of commercial banks is to provide financial services to the general public and business, ensuring economic and social stability and sustainable growth of the economy.

In this respect, credit creation is the most significant function of commercial banks. While sanctioning a loan to a customer, ____ ______ _________ ___ _____ ______ ___ ______.
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