What are the functions of a bank?

Banks are financial institutions that deal with common man on a day to day basis. Right from deposits to providing loans to being a collection or payment agents, banks play a critical role in today’s environment.

Details : http://tutioncentral.com/study-materials/banking-basics

Functions of a bank can be summarised as below:

-    Accepting deposits

-    Providing loans
-   Providing bank accounts
-   Overdraft
-   Investment of Funds
-   Agency Functions (collection and paying agents)
-   Issue circulating notes

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