Solution

A commercial bank is a type of financial institution that manages all operations involving the deposit and withdrawal of money for the general public, as well as the granting of loans for the purposes of investments and other similar activities.
1. Accepting Deposits: Savings, current, and fixed deposits are all accepted at the bank. Lending is done with excess money that has been acquired from persons and corporations to cover short-term business expenses.
2. Credit Cash: A customer does not receive liquid cash when they take out a credit card or a loan. The payments are sent to the account when the customer's bank account has been opened. Through this method, the bank can create money.
3.Overdraft Facility: This is a loan given to a customer in return for letting them to keep their current account open and overdraw up to a predetermined amount.
4. Discounting Bills of Exchange: A discount bill of exchange is a document that confirms the amount of money that will be paid for goods that will be purchased in the future. The discounting approach utilised by commercial banks can also be used to clear the payment earlier than the specified time frame.
5. Customers can use a bank's locker facilities to covertly keep their valuables or paperwork. The banks charge for this service at least once per year.
6. Buying and Selling Securities: You have the choice to buy and sell securities through the bank. 7.Provides Loans and Advances: This bank has the crucial responsibility of providing loans and advances to business owners, as well as collecting interest. It is the most crucial revenue stream for every bank.