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Retail Banking is nothing but the one which directly deals with and stands for General Public . And the other types like Commercial and corporate are what we can say as Non-Retail Banking
According to my research on our friendly world wide web i found out that, Investment banks: Are those banks which raise money by selling securities to other companies and government. At present (since Lehman brothers & Merill Lynch are out of picture) Goldman sachs and Morgan Stanley are largest investment banks in USA. Retail banks: Are those banks which directly deal with customers. It deals with savings account, checking account, personal loans etc Commercial banks: Take deposits and gives loan to corporations. Bank of America is the largest commercial bank. Universal banks: are banks that participate in activities of commercial banks as well as investment banks. Bank of America is an universal bank
Retail advertising mainly focuses on offering services or goods for sale to people living within the stores vicinity. On the other hand, national advertising aims to generate brand awareness and sell a product or service all across a country.
an investment bank is a non depository institution, and a commercial bank takes customers' deposits.
There is a huge difference between an enterprise and a general merchandise. An enterprise means a project, a business or a company. A general merchandise on the other hand is a wholesale or retail store that does not deal with any specific category of products.
BANK RATE--- bank rate is rate which is used for lending or borrowing in call money market (One bank lends to or borrows from other banks for intra day) PLR-- Rate is benchmark rate for banks.
A financial crisis is when wall street and the banks are failing. An economic crisis is when there is high unemployment or a recession.
What is the difference between a car and other means of transport? Got it?
Wholesale - selling to other businesses Retail - selling to consumers Consumers - general public
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Over 25,568 banks failed between 1921 and 1933. Thousands of other businesses also ran into trouble
the difference between plasma and the other states of matter is that,plasma is an ionized gas.