Click on the link below to watch full video on youtube - https://youtu.be/gZ_2NLjG9SQ The term ‘bank’ is derived from the French word ‘Banco’ which means a Bench or Money exchange table. A bank is a financial institution that provides banking and other financial services to their customers such as accepting deposits, lending loans, money transfer and selling third party products like insurance, mutual fund and portfolio management. When banks accept deposits its liabilities increase as it has to pay interest to the customer but when it provides loans/ advances its assets increases as it earns interest. As financial intermediaries, banks stand between depositors who supply capital and borrowers who demand capital. The functions of commercial banks can be broadly categorized into : a) Primary functions b) Secondary functions Thank You For Watching Subscribe To DevTech Finance