Commercial banks are financial institutions that provide a range of services to individuals and businesses. They accept deposits, offer savings and checking accounts, and provide loans for various purposes, such as buying a home or starting a business. By lending money, these banks help stimulate the economy and support growth. In addition to traditional banking services, commercial banks also offer investment products, credit cards, and online banking options. They play a crucial role in managing money and facilitating transactions, making them essential for everyday financial activities. Overall, commercial banks help people manage their finances and achieve their financial goals.