Commercial Banks and Their Functions | Money, and Banking | Economics | NTA UGC NET | IFAS

Описание: ✅ In this video, we will be discussing the functions of Commercial Banks. We will look at what Commercial Banks do, their operations, their relationship with the Government, and their impact on the economy. This video is ideal for students undertaking courses on Money, Banking, and Economics.

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Key Points:
06:02 - Meaning of Commercial Bank
09:11 - Primary functions
10:00 - Saving Deposit Account
12:19 - Current Deposit Account
14:04 - Fixed Deposit Account (Time Deposit)
15:40 - Recurring Deposit
17:36 - Difference between demand deposits and time (term) deposits
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