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Essay

commercial banks

Essay specific features

 

Issue:

Business

 

Written by:

Lesley M

 

Date added:

July 2, 2012

 

Level:

University

 

Grade:

B

 

No of pages / words:

7 / 1933

 

Was viewed:

4360 times

 

Rating of current essay:

 
Essay content:

Their working capital consists mainly of moneys deposited by customers and withdrawable by them on demand or on short notice. If a bank lends such moneys for long periods or keeps them blocked in any other way, it will be unable to meet the demands of its depositors for withdrawal of cash, and will be forced to go into liquidation...
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Commercial banks are the most important source of institutional credit in the money market. A commercial bank is a profit seeking business firm, dealing in money or rather dealing in claims to money. Commercial banks are the most important bank in India. The commercial banks account for over 80% of the total bank credit...
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