What are the different types of banks?

Most banks can be categorized as retail, commercial or corporate, or investment banks. The big global banks often operate separate arms for each of these categories. Retail banks offer their services to the general public and usually have branch offices as well as main offices for the convenience of their customers.

What are banking fundamentals?

Banking fundamentals refer to the concepts and principles relating to the practice of banking. Banking is an industry that deals with credit facilities, storage for cash, investments, and other financial transactions. The banking industry is one of the key drivers of most economies because it channels funds to borrowers with productive investments.

What is banking & how does it work?

Here’s the meaning and a brief overview of the basics of banking. A bank is known as a financial institution responsible for accepting deposits from the public and creates a demand deposit while simultaneously providing loans to its borrowers. Banks can perform these lending activities either directly or through capital markets.