Commercial Bills: Meaning, Types, and Advantages
A Commercial Bill is one which arises out of a genuine trade transaction, i.e. credit transaction. As soon…
Difference between Central and Commercial Banks
The primary difference between Central and Commercial Banks; In any country’s financial sector, banks play a crucial role…
The Relationship between Central and Commercial Banks!
The central bank and commercial banks have their distinct identities and functions. The central bank, through its function of…
Explain Primary and Secondary Functions of Commercial Banks!
The commercial bank is the financial institution performs diverse types of functions. It satisfies the financial needs of…
Commercial Banks: Meaning, Functions, and Significances
Commercial Banks: Banks have developed around 200 years ago. The nature of banks has changed as time has…
Commercial Paper: Definition, Features, and Advantages!
What is a commercial paper? A commercial paper is an unsecured promissory note issued with a fixed maturity by…