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Retail Banking vs. Corporate Banking: An Overview Retail banking is a bank’s services that deal directly with consumers, while corporate banking is the part of the banking industry that serves business or corporate customers. Retail banking is the face of banking to the general public via the many bank branches located in most cities, mobile apps, and banking … Read more
What Is a Letter of Credit? A letter of credit, or a credit letter, is a letter from a bank guaranteeing that a buyer’s payment to a seller will be received on time and for the correct amount. If the buyer is unable to make a payment on the purchase, the bank will be required … Read more
A credit card can do wonders to the credit profile of an individual single-handedly and can be a great saving tool at the same time. India is not yet a credit-driven economy, and many are yet to understand the true potential of a credit card which appears to be an extravagance to most. Despite … Read more