Bank deposits simply refer to placing your money into banks or financial institutions for convenience, saving and safeguarding your money from theft and other risks of losses. To deposit your funds in a bank, you need to open a bank account in any commercial or other types of bank. Also, the bank provides some interest …
In this lesson, we will discuss some key difference between investment banking and merchant banking services. Although, unlike commercial banks, both investment banks and merchant banks are engaged in specialized financial services to business corporations, yet there are some critical differences lies in their offered services, however, there is one similarity between both that is …
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There has been always a misconception that both commercial banks and merchant banks are similar and offer identical services. Therefore, in this article, we will discuss what is the difference between commercial banks and merchant banks. Commercial banks are those financial institutions whose primary function is accepting deposits and granting loans/ advance to individuals, trade …
Difference Between Commercial Banks and Merchant Banks | 7 Key Differences Read More »
Although Commercial banks and cooperative banks are included under the category of scheduled banks, yet there is the key difference between commercial and cooperative bank. The main objective of commercial banks is to make profits, however, cooperative banks function on the principle of cooperation, self-help or mutual help of its members such as farmers, small …
Difference Between Commercial and Cooperative Bank | 11 Major Differences Read More »
The Central Bank is the Apex institution of a country whereas commercial banks are a minor unit of the whole financial system. Although both central bank of a country and commercial banks are the backbone of the financial system of any country because it mobilises funds, creates credit, regulates the supply of funds and hence …
Difference Between Central Bank and Commercial Bank | 11 Major Differences Read More »