Functions of Commercial Bank Video Lecture | Business Economics for CA Foundation

in this video we will be studying about
the functions of commercial back what
are the functions like a commercials are
balanced form we have divided into two
parts whether your primary functions and
secondary functions your primary
functions includes two number one if
you're accepting deposits now for two is
advanced citizens see these are the two
primary functions that your back perform
on and this also banks or you see watch
the bamboo when you go to the bank to
open it account you go to the back you
deposit your money into the back so bad
except the reporter so a banking safe
deposit from the public people can
deposit their gas fill itself
checkable deposits Oman checkable
deposits me your LD your argues are non
checkable deposits your demand deposits
I told you are to check every four words
subjective and upon service versus
events which the check can reach should
every end you withdrawn anytime so this
demand deposits we're a non checkable
deposits you have checkable deposits
non-techie building honest
hyunsik ability for the copper deposits
against which check and be sure that can
be withdrawn any time such as demand
deposits you have non wettable deposits
are the deposits against which check
cannot be issued and they cannot be
withdrawn anytime you want they will
begin to draw the deposit only after the
expiry of return the these are your are
nice and empty be back safe be fixed
deposit Ardwick irritating deposit then
we have the advancing loads if you need
any kind of flown you go to the fan you
apply it in don't want the back and the
back after the verification approve the
loan and give you the money on the
interest another primary function of the
commercial bankers to advance loans back
will answer almost before productive
fulfils on approved security if you have
to give the collection security in order
to get the loan Roundy but the amount of
loan is generally less at the negative
in security so if you are taking another
one of their incest like that the amount
of security that will be approximately
of seven lakh the depends upon the terms
and conditions of these particular back
so they give clothes so these are the
two primary muscles of these back then
you have your second D functions with a
presumption to further divided into two
parts that is your energy function and
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general utility
soldiers see what an agency watchin
isn't it patches of the functions rest
back behaves and is it right and German
to 3d functions are the functions red
back gives you certain sources like
offer services and then give you several
checks in back help you in the
transportation of good and they usually
know letters of credit as a DVD
statistics of a particular Guthrie so
these are the two types of secondary
functions of what we'll be discussing
the agency functions and then become
utility functions it is empty notches
the first function eHealth collection
and payment of various items c-band word
bamboo bag a chips if a bit on your home
hospice there is some payment that is
due from some other part a gesture your
company you have to receive service upon
your back foot they will accept the
paper turn your behalf and deposited in
your account then also make payment to
the other part is proposing what do you
suppose you have purchase on our clothes
on the patterns listed you swipe your
debit or credit card and what you do you
make the directivity way to capture
payment so what bamboo is ban me papers
on your behalf if moreover come and what
happens that it is that you so what that
is they deduct the amount of cash from
account and pay to the doctor so Barbuda
collection and payment of various items
Seconal purchase sale of securities
securities are dishes right normally are
more knowledgeable with regard to stop
and share business
so what dam do is bhakti on your behalf
they waste your money and purchase and
sale of securities didn't like the HDFC
by HDFC to tatars what they do you
deposit the money into device in your
allow the last penis man please invest
that money into B star market and we
will help you with the arrangement you
just have to give us money we will the
earning of that pattern we will be using
a man with the stock market so advanced
it is presumption again a fact is weak
third party between Q and E stock market
financial market
third is the trustee and educator
sometimes band gives the guarantee of a
particular customer man Walker the
trustee and executor of the property of
their customers honest advice
fourth is derivative of money
what value suppose if you have to
remember to your money you want to say
send your money from your Indian masses
on to somewhere let's say your families
you with it you want to Rivet your money
to the early account in the u.s. day of
someone of your family so what do you do
back particular between money as well
purchase and sale of for mixing
suppose you have to worry within you
want to convert you to vision to the
dollars so what you do you go to the
back you are desire to back happens be
foreign exchange conversions letter of
references back to also give some
information about the economic position
of their customers to domestic and
foreign traders if you just refer back
let's say you are our company XYZ
company and you are a customer of SGA so
if someone wants to know the financial
position of yours let's say a vector or
the government so back with the letter
of credence to this 17 undirected see
when you purchase the new shares from
some month the bad news in videos and so
what vandals that algorithm accident
middleman between the customers and
differentiate market or become people
want to sell a so bad and your
behalf quietly share the charges
underwriting submissions love you so
this is the under eye a backhand drive
is a love you shares and writing in step
and purchase sensors put your patio
chairs or actual portion of the
dealership suppose a company XYZ has
initial public offering and want to sell
shares to buy so what is bad in Dubai on
the pavement editing big to banks buy
the shares of the company and band sell
the shares to the public so this is how
validation underwriter these are the
agency functions of
but now we will be discussing the
journal utility services now we'll be
starting party general utility service
so number one is your locker facility
you want banking VD lockers the charge
you some amount monthly you can keep
your voter document simply local states
second is your traveler's check and a
letter of credit bank issue travelers
chicken letter of credit to their
customers so I have to avoid the risk of
carrying cash student journey
so whatever the world we do not carry
cash to take the traveler's check and
the letter of credit from the bag when
you travel to go to the other place you
go to the back and you get the cash out
of it third earlier this is information
and that superlatives if Pepsi declined
observe data gets all the in the mansion
revolving money deposited with the State
Bank of India so what happens in that
case it will be you know do you be back
to keep all these days while the
financial details in which that strict
on the party right so in this way your
back he has introduced information and
aesthetics of the client so it helps the
customers on the financial matters on
the business business information and
Static Delta for this help in
transportation of goods of they help in
translation output bit businessmen on
industrials after compiling works to
their to tailor census a race to the
back the tailor
gets into sit from the back of the
statement of thing where you
different segments to it having obtained
analysis from the band they get to be
worthy of become Silence of the rail
Wizards of the business their backyards
in the transportation of goods from the
production center to because mentioning
now see how they hair this happens you
are a producer you want to set your
words - let's say whatever - and you are
engaged so what you will do you will go
to the back you will send up you can set
your through derivatives choosing the
addressing mode of transportation so you
will issue for the big battle issue
already with shift so a person who is
all while it will be or to be read with
he will make the payment for the
consignment to deliver environment David
then what they will do they will send
his money it will be back and all these
are salvation the person and
departmental will get detailing really
good because this is very key to change
if you leave leave without you money
that you that you if you don't get much
if ID customer than one would have so it
is for you for your bank has a deep
middleman so these are the functions of
your commercial packages grant a very
important question that is asked to use
definitive old chair