Central Bank
|
Commercial Bank
|
It is the
principle banking institution of the country entrusted with special responsibility of maintaining economic stability.
|
It accepts deposit from public and finance for the
needs of industry.
|
Profit making
is not the objective of central bank but makes profit.
|
The principle aim of commercial bank is to make profit.
|
It is the
non-competing unique institution.
|
Commercial banks are in constant competition with
others.
|
There is only
one central bank in a country.
|
There are many commercial banks in a country.
|
Central bank
is the only agency of the country entrusted with the power of note issue.
|
Commercial banks don’t have the power of issuing
notes.
|
Central bank
can not have branches.
|
They have branches.
|
It is not
generally permitted to take interest.
|
Commercial banks are permitted to take interest.
|
Act as a
banker of the government.
|
Act as a banker of general public.
|
Doesn’t
directly deal with public.
|
Directly deals with public.
|
Central Bank Vs Commercial Bank
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at
12:23 AM
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