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Tamil Nadu Board of Secondary EducationHSC Commerce Class 12

Define Commercial banks. - Economics

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Question

Define Commercial banks.

Definition
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Solution

Commercial bank refers to a bank, or a division of a large bank, which more specifically deals with deposit and loan services provided to corporations or large/middle-sized business – as opposed to individual members of the public/small business.

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Chapter 6: Banking - Model Questions [Page 123]

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Samacheer Kalvi Economics [English] Class 12 TN Board
Chapter 6 Banking
Model Questions | Q 21. | Page 123
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