● Accepting Deposits: Commercial banks accept deposits from the public, offering various accounts like savings, current, and fixed deposits. This function is crucial for mobilizing public savings.  
  ● Providing Loans and Advances: They offer loans and advances to individuals, businesses, and governments. This includes personal loans, business loans, and overdraft facilities, which are vital for economic growth.  
  ● Credit Creation: By lending more than the actual deposits, banks create credit, which increases the money supply in the economy. This is a fundamental function of commercial banks.  
  ● Agency Functions: Banks act as agents for their customers by providing services like fund transfers, bill payments, and investment services. They also manage portfolios and offer advisory services.  
  ● Investment of Funds: Commercial banks invest in government and corporate securities, ensuring liquidity and profitability. This helps in maintaining a balance between risk and return.  
  ● Foreign Exchange Transactions: They facilitate foreign trade by providing foreign exchange services, including currency exchange and international remittances, crucial for global business operations.  
  ● Safekeeping of Valuables: Banks offer locker facilities for the safekeeping of valuables, providing security and trust to customers.