Difference Betwixt Commercial Banking Concern As Well As Industrial Bank
1. Nature of Banking ↓
1. Nature of Banking ↓Commercial Bank is a banking concern which primarily provides fiscal facilities to commercial activities.
Industrial Bank is a banking concern which primarily provides fiscal facilities to industrial or productive activities.
2. Types of Loans Offered ↓
Commercial Banks to a greater extent than oftentimes than non provides short-term loans for coming together working uppercase needs.
Industrial Banks to a greater extent than oftentimes than non provides long-term loans for coming together fixed uppercase needs.
3. Financing Period ↓
Commercial Banks provides finance for a brusk duration.
Industrial Banks provides finance for a longer fourth dimension menses similar fifteen or twenty years.
4. Other Services Offered ↓
Commercial Banks provides way as well as full general utility services to its clients.
Industrial Banks provides underwriting promotional as well as consultancy services to its clients.
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