Functions of commercial banks

2. Primary Functions
Secondary
Functions
Developmental
Functions

3. Accepting Deposit
Lending Money
Discounting Bills of Exchange
Credit Creation
Investment
PRIMARY FUNCTIONS

4. Secondary Functions
Transfer of Funds
Collection of Funds
Collection of Dividends on shares and interest
on debuntures
Paymentof Bills, Insurance premia etc on
behalf of the customer
Purchase and sale of foreign exchange
Issuing travellers’ cheques
Providing locker facility
Issuing ATM Cards and DebitCards