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What is the exact definition of Retail banking? and what is the area of retail banking in a commercial bank?

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Question added by Shambhu Prasad Parajuli , Sr. Assistant , Ace Development Bank Limited
Date Posted: 2014/05/16
Deleted user
by Deleted user

It is conducting customer service and sales on an individual level at a bank. The goal is to increase card outstanding balances, increase loans and sell other products whilst maintaining a high standard

Ryan Munthali
by Ryan Munthali , customer service agent , Tetrad investment bank

Typical mass-market banking in which individual customers use local branches of larger commercial banks. Services offered include savings and checking accounts, mortgages, personal loans, debit/credit cards and certificate of deposits.

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