Banking which refers to financial intermediations performed by banks, primarily for their non-resident customers (mainly depositors) and deals with foreign money is called

ARetail Banking

BOffshore Banking

CCorporate Banking

DInvestment Banking

Answer:

Offshore Banking:

Off shore banking refers to those financial intermediation performed by banks primarily for their non-resident customers mainly depositors and deals foreign money.
An offshore bank is a bank located typically in a low tax area.
Offshore banks are mostly situated in small island nations, that are SEZ's
It refers to the banking operations that cover only non residents.
The depositors mainly located outside the jurisdiction of our country to get the benefit of liberalised regulations, tax structure, maintenance of secrecy of accounts etc.
In India Offshore banks started from 2003 in Special Economic Zones by Union Bank of India.

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