1. Function ↓
The master copy blogspot.com//search?q=commercial-banks-definitions-primary">function of a Commercial Bank is to convey deposits from world for the purpose of blogspot.com//search?q=commercial-banks-definitions-primary">lending to manufacture in addition to others.
The Central Bank regulates money provide inwards the country. It equally good acts equally a banker to the regime in addition to to the other banks operating inwards a country.
2. Printing of Currency ↓
The Commercial Banks cannot impress currency notes in addition to brand coins.
The Central Bank of Republic of Republic of India (i.e. blogspot.com//search?q=commercial-banks-definitions-primary">RBI) has the ability to impress currency notes from Rs.2 in addition to above.
3. Acceptance of Deposit ↓
The Commercial Bank accepts deposits from the public.
The Central Bank don't convey whatever deposit from the public.
4. Provision of Loans ↓
The Commercial Bank provides loans to the manufacture in addition to to the public.
The Central Bank provides loans to scheduled banks in addition to fiscal institutions.
Advertiser
5. Ownership ↓
Commercial Banks tin hold out owned past times mortal in addition to / or Government agencies.
Central Bank of Republic of Republic of India (RBI) is owned in addition to controlled past times Government of India.
6. Total Number ↓
There are several Commercial Banks currently operating inwards India.
However, at that spot is exclusively ane apex Central Bank (i.e RBI) inwards India.
7. Framing Monetary Policy ↓
Commercial Banks create non frame monetary policy of the country.
Central Banks frames monetary policy of a country.
8. Monitory Control ↓
Commercial Bank does non direct maintain whatever command over Central Bank.
Central Bank monitors the working of all commercial banks.
9. Registration in addition to Establishment ↓
In India, Commercial banks are registered nether the Banking Regulation Act of 1949.
The Central Bank of Republic of Republic of India (RBI) is established nether RBI Act of 1934.
10. Account Holders ↓
Individuals in addition to organisations are the trouble concern human relationship holders of Commercial Banks.
Banks in addition to Government are the trouble concern human relationship holders of a Central Bank.
