Explain the secondary functions of commercial banks. (2024)

Following are secondary functions of Commercial Banks.

See Also
Primary function - Definition, Analogy, and Study Resources | Fiveable

(a) Promotion of cheque facility and credit creation.

(b) Underwriting services to the companies issuing their shares and debentures in the capital market.

(c) Payment of premium, collection of dividend, on behalf of their customers.

See Also
Functions of Money - Primary and Secondary Functions with ExamplesWhich of the following is not the function of commercial banks? - Infinity Learn by Sri ChaitanyaAnalysing Functions Of Commercial BanksBritannica Money

Explain the secondary functions of commercial banks. (2024)
Top Articles
How Much Does The Kilchers Make Per Episode
Kenzo Alvarez Cristiano
Organic Galindoi Truffels 25 Gr
All You Need To Know About Magic Truffles - Zamnesia
Ups Open Hours Near Me
Busted! 29 New Arrests in Portsmouth, Ohio – 09/16/21 Scioto/Pike County Mugshots
O'Reilly Automotive, Inc Aktie (A1H5JY) - Kurs Nasdaq - MarketScreener
Armageddon Time Showtimes Near Living Room Theaters Fau
Black Adam Showtimes Near Amc Classic Allentown 16
Huntington Quick Cash
Latest Posts
You Can Now Open NXM Files Using Multiple Programs
Mod Organizer 2 - Basics
Article information

Author: Zonia Mosciski DO

Last Updated:

Views: 5807

Rating: 4 / 5 (51 voted)

Reviews: 82% of readers found this page helpful

Author information

Name: Zonia Mosciski DO

Birthday: 1996-05-16

Address: Suite 228 919 Deana Ford, Lake Meridithberg, NE 60017-4257

Phone: +2613987384138

Job: Chief Retail Officer

Hobby: Tai chi, Dowsing, Poi, Letterboxing, Watching movies, Video gaming, Singing

Introduction: My name is Zonia Mosciski DO, I am a enchanting, joyous, lovely, successful, hilarious, tender, outstanding person who loves writing and wants to share my knowledge and understanding with you.