Retail Banking

EMERGING ISSUES & OPPORTUNITIES OF RETAIL BANKING IN INDIA 1.0RETAIL BANKING An Introduction Retail banking is, however, quite an broad in nature - it refers to the dealing of mercantile banks with case-by-case customers, both on liabilities and assets sides of the balance sheet. Fixed, current / savings accounts on the liabilities side; and mortgages, loans (e.g., personal, housing, auto, and educational) on the assets side, are the more important of the products offered by banks. Related ancillary services include credit cards, or depository services. Retail banking refers to provision of banking services to someones and small crease where the financial institutions are dealing with large number of rugged value transactions. This is in contrast to wholesale banking where the customers are large, oft multinational companies, governments and government enterprise, and the financial institution deal in small numbers of high value transactions. The concept is non new to banks but is now viewed as an important and glossy market segment that offers opportunities for growth and profits. Retail banking and sell modify are often social functiond as synonyms but in fact, the later is just the part of retail banking. In retail banking all the needs of individual customers are taken pity of in a well-integrated manner.

1.1DEFINITIONS: ? Retail banking is typical mass-market banking where individual customers use local branches of larger commercial banks. Services offered include: savings and checking accounts, mortgages, personal loans, debit cards, credit cards, and so ? Retail banking is a banking service that is geared primarily toward individual consumers ? Banking services for individual customers Retail banking is usually made available by commercial banks, as well as smaller community banks. contradictory wholesale banking, retail banking focuses strictly on consumer markets. Retail banking entities raise a wide range of personal... If you want to get a full essay, order it on our website: Orderessay

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