<P> The general role of commercial banks is to provide financial services to general public, business and companies, ensuring economic and social stability and sustainable growth of the economy . </P> <P> In this respect, "credit creation" is the most significant function of commercial banks . While sanctioning a loan to a customer, they do not provide cash to the borrower . Instead, they open a deposit account from which the borrower can withdraw . In other words, while sanctioning a loan, they automatically create deposits, known as a "credit creation from commercial banks". </P> <Ul> <Li> Commercial banks accept various types of deposits from public especially from its clients, including saving account deposits, recurring account deposits, and fixed deposits . </Li> <Li> Commercial banks provide loans and advances of various forms, including an overdraft facility, cash credit, bill discounting, money at call etc . </Li> </Ul> <Li> Commercial banks accept various types of deposits from public especially from its clients, including saving account deposits, recurring account deposits, and fixed deposits . </Li>

What are 2 characteristics of a commercial bank
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