What are the advantages of Retail Banking?

<p>Hello, Here are some advantages of the Retail Banking system:</p><ul><li>Deposits with a retail bank are<strong> secure and stable</strong> and the deposits constitute core deposits. They are less willing to compromise for higher interest rates and are interest-insensitive.</li><li>They provide the banks with<strong> low-cost funding</strong>.</li><li>Retail banking facilitates<strong> strong foundations for consumers</strong> through efficient customer relationship management.</li><li>The retail banking division is a<strong> good avenue for funds development</strong>.</li><li>Retail banking only <strong>requires minimum efforts</strong> in an economy driven by demand.</li></ul>

0 Upvotes 0 Upvotes 0 Downvotes

• • Report Abuse
• Comment