The central bank and commercial banks have their distinct identities and functions. The central bank, through its function of the lender…
The commercial bank is the financial institution performs diverse types of functions. It satisfies the financial needs of sectors such…
Commercial Banks: Banks have developed around 200 years ago. The nature of banks has changed as time has changed. This…
What is a commercial paper? A commercial paper is an unsecured promissory note issued with a fixed maturity by a company…