Which of the following is not the fund-based business of Commercial Banks?
Depository participant (DP) operations are fee-based services involving the holding and transfer of securities in dematerialised form. Loans, deposits and bill discounting…
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Which of the following is not the fund-based business of Commercial Banks?
Answer and explanation
Correct answer A
Depository participant (DP) operations are fee-based services involving the holding and transfer of securities in dematerialised form. Loans, deposits and bill discounting involve the mobilisation or use of bank funds.
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Tamil Nadu SET (TNSET)