• Commercial Banks

    Commercial banks are the banks which provide different banking services to the common people and businesses across the country. They reach to every common people and work as a banker to each individual person and business. Commercials banks are located in different places of a country to reach to the mass and operate under one organization or banking name.

    It provides the following functions to the customers:

    • Accepts savings deposits from different customers
    • Provides loans to individuals and businesses
    • Enables uniform structure of interest rates through competition and regulated banking system
    • Facilitates banking in the rural areas by reaching there
    • They offer all the banking related services to the customers

    Commercial banks work as a back bone for the economy as they reach to each and every corner of a country.

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