Monday, March 29, 2010

Banking

                                          

Banking
Banking as accepting for the purpose of lending or investment, of deposits of money from the pubic, repayable on demand or 'otherwise and withdrawal by cheques, drafts, order or otherwise


                                                     
   Retail banking refers to banking in which banking institutions execute transactions directly with consumers.Common man is the customer of bank and the Services offered include: savings , loans, debit cards, credit cards, and so forth.
CORPORATE BANKING:
Refers to Financing (often unsecured), Trade Finance, Hedging, Cash management (Liquidity management), and other banking services custom-tailored for large corporates.
INVESTMENT BANKING:
Investment banking  helps customers to raise funds in the
capital markets and giving advice on  mergers and
acquisitions.On behalf of the bank and its clients, the 
primary function of a large investment bank is buying and 
selling products.Investment banks work for, and profit from,
companies and governments

avandia