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Ansh Rathi13 Feb 2020"For a company's economy to prosper and thrive, the role played by commercial bank is of prime importance. Banks and businesses run in tandem with each other. Commercial banks are regulated under the Banking Regulation Act 1949 and enable a bank to carry out business operations of keeping money as deposits and grant loans to the public, corporates and the government itself.
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Role and Importance of Commercial banks in a Country