Central Bank Vs Commercial Bank

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.

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