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  1. Dictionary
    commercial bank

    noun

    • 1. a bank that offers services to the general public and to companies.
  2. A commercial bank is a kind of financial institution that carries all the operations related to deposit and withdrawal of money for the general public, providing loans for investment, and other such activities. These banks are profit-making institutions and do business only to make a profit.

  3. Apr 3, 2024 · The term commercial bank refers to a financial institution that accepts deposits and offers different banking and financial products. Commercial banks provide these services to people and...

  4. Apr 15, 2024 · Commercial Banks (CBs) refer to those banks under the Banking System in India that run on a commercial basis. It means that they operate and offer services to earn a profit. They are regulated under the Banking Regulation Act, 1949.

  5. Jun 3, 2024 · What is a Commercial Bank? Commercial Banks are profit-seeking financial institutions. They receive deposits from customers at a lower rate of interest and offer business loans at a higher interest rate. They serve individuals, small-scale businesses, and medium-sized businesses.

  6. It can also refer to a bank or a division of a large bank that deals with corporations or large or middle-sized businesses, to differentiate from retail banks and investment banks. Commercial banks include private sector banks and public sector banks.

  7. Feb 15, 2024 · A commercial bank is a financial institution that performs operations related to deposit and withdrawal of money for the public, provides loans for investment, and carries out other similar...