App Logo

No.1 PSC Learning App

1M+ Downloads
Banking services sold to large clients, such as large corporations real estate developers etc. is known as

ARetail banking

BPrivate banking

CInvestment banking

DWhole sale banking

Answer:

D. Whole sale banking

Read Explanation:

Wholesale Banking:


  • Refers to banking services sold to large clients, such as large corporations real estate developers etc.
  • Under Whole sale banking the banks are deal with large customers and keep only large accounts
  • B2B Approach
  • It concentrated on small segment of business clients
  • Loan size is high
  • Impact of NPA is high
  • Risk is not widespread



Related Questions:

A commercial bank that works with a single office is called
The first Bank to get ISO Certificate
Banking which stresses on environmentally friendly practices and aims at reducing the carbon footprint from banking activities is called
Developmental Banking system originated in
The First RRB in India