Which one is better among Retail Banking and Corporate Banking?

0 6 Views | Posted 3 months ago
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    Answered by

    Akansha Bisht | Contributor-Level 10

    3 months ago

    While retail banking services are provided to individuals in the general public, corporate banking services are only offered to companies and corporate bodies. The scope of the products and services available is also different: Retail banking is customer-oriented and corporate banking is business-oriented.
    The financial worth of transactions is comparably higher in corporate banking than in retail banking. The source of profit is also different: the difference between the margin of interest of borrowers and lenders is the main source of profit in retail banking, while corporate banking's source of profit is the interest and fees charged

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