Commercial banks are financial institutions that provide a variety of services to individuals and businesses. They accept deposits, offer savings and checking accounts, and provide loans for things like homes and cars. By lending money, these banks help people and businesses grow, while also earning interest on the loans they provide. In addition to loans and deposits, commercial banks also offer services like credit cards, mortgages, and investment advice. They play a crucial role in the economy by facilitating transactions and providing a safe place for people to store their money. Overall, commercial banks help keep the financial system running smoothly.