Commercial banks are often called full-service banks.
Reveal answer
Fill a bubble to check yourself
Keep practicing — related questions
- Commercial banks do not help in capital formation as they just divert people savings into lending activities.
- Credit card business, insurance business and underwriting carried on by a bank are known as para-banking se...
- A packaged service in which both the banking service and insurance service are made available is called
- The specified minimum fraction of the total deposits of customers, which commercial banks have to hold as r...
- Different banks provide service electronically to each others’ customers through a system. What is it called?
- Banks can use use the services of all of the following as intermediaries in providing financial and banking...
- Which of the following is/are true with regard to the functions of central bank? (i) Custodian of cash rese...
- In a civil suit, to which the bank is not a party, one of the parties has produced certified copy of books ...