• BBA in Finance
    Co-created with Jain University
    4.3 out of 5 by 211 learners
    2x
  • MBA in Investment Banking
    Co-created with Jain University
    4.5 out of 5 by467 learners
    2x industry demand
  • MBA in Fintech
    Co-created with Jain University
    4.4 out of 5 by 349 learners
    2x industry demand
  • Post Graduate Program in Business Management with NMIMS
    Co-created with NMIMS
    4.7 out of 5 by 669 learners
    4x Industry Demand
  • Post Graduate Program in Banking and Credit Underwriting
    4.7 out of 5 by 1376 learners
    12 X industry demand
  • Post Graduate Program In Finance And Accounting
    Co-created with Grant Thornton
    4.9 out of 5 by 238 learners
    14 X industry demand
  • Professional Certification in FinTech
    Co-created with SP Jain School of Global Management
    4.6 out of 5 by 1421 learners
    6X industry demand
  • Credit Risk and Underwriting Prodegree
    Co-created with Moody’s Analytics
    4.6 out of 5 by 1139 learners
    4X industry demand
  • Banking And Wealth Management Bootcamp
    4.6 out of 5 by 1429 learners
    3X industry demand
  • Post Graduate Program In Capital Markets
    4.7 out of 5 by 807 learners
    3X industry demand

Banks are no longer places where people would go deposit or withdraw their money and that would be the end of the story. Banks irrespective of their size and span have diversified into many segments. If one has to broadly classify the activities into categories, then they would mostly come under Retail and Corporate or Commercial Banking.

Most of us usually who walk into banks hardly focus on the fact that is it a retail branch or a corporate branch, honestly, most of us might not even know the difference in both. At times even merging corporate banks definition with investment banking, however, that is an absolutely different end of the spectrum, where deals like mergers and acquisitions and takeovers are done, basically, it is focused on top management incorporates.

Let us understand how Retail Banking is Different from Corporate Banking

Retail Banking

Retail banking is generally the face of the bank situated in forms of various branches located across cities, who deal with daily retail customers, also mostly known as personal banking. These banks or branches purely deal with retail customer’s, their volumes are large in terms of clientele. You will not find many banks that purely focus on retail banking. It is interesting to note that retail banking represents the footing through which funds are collected for most banks.

Retail banking_Infographics_01
Corporate Banking

It is mostly referred to as commercial banking as well. Here the bank’s clientele is not individuals but corporates, irrespective of their size, they could be small as well as large businesses. It is a custom-tailored finance service designed and personalised for corporates addressing their needs.

They offer more or less the same services as in retail banking but with large volumes matching the cash flow of the companies they are dealing with. In addition, they also open personal and current accounts offering mortgages, working capital loans, overdraft facilities and loans to businesses

.
Retail banking_Infographics_02
The key difference is in the volumes and services offered by Retail and Corporate Banks:

Key Functions of the Retail Banks

There is a large number, a variety of products and services offered by most retail banks. Fundamental services include a quintessential checking and savings accounts, a line of credit like home mortgages, vehicle loans, personal loans at high-interest rates. Credit cards, remittance services are a few profitable offering that retail banking presents to its clients.

Needless to say, the financial strength of an individual is the deciding factor in the services that will be offered to the client. If the client is of high potential then the client might be offered a private banker, or a relationship manager who will manage their banking requirement, however, if the client is of modest means would need to perform the tasks themselves either through a teller or through the technology integrated mediums of transactions offered by most retail banks these days, like ATM, Online transactions, internet banking etc., to name a few.cz

Key functions of Corporate Banks

One of the ways that corporate banks can ensure profit is by sanctioning loans and other products of credit, which become a key factor in corporate banking. Managing the cash flow or the working capital of the corporate, with Treasury and currency conversion requirements is another area of function.

Corporate banks also structure and customise loans managing the expansion needs of businesses such as offering equipment loans for the manufacturing clientele. Trade finance, bill collection, credit letters and payroll are common tasks handled by this sector for the companies they are representing.

Some banks might also offer commercial real estate analysis, portfolio evaluation, debt and equity structuring as well.

Through the commercial banking intervention, banks might also offer asset management to their clients.
Most large banks have a separate division to handle the retail and corporate function as both these function guarantee as great profit centres.

The existence of both the wings of banking is essential for the healthy functioning of local and global economies. While one brings in deposits from personal customers (Retail Banking), which in turn enables corporate banking to offer expansion assistance to companies, further leading in creating jobs and aiding the expansion of economies.

For Online Course Enquiries
About Imarticus
Imarticus Learning is India’s leading professional education institute that offers training in Financial Services, Data Analytics & Technology. We’ve successfully transformed careers of over 35,000+ individuals globally through our Certification, Prodegree, and Post Graduate programs offered in association with leading and renowned global organisations in the Financial Services, Data Analytics & Technology domain.
Related course
  • Placement Assistance
    BBA in Finance
    Co-created with Jain University
    Course duration(Months)
    4
    Upcoming batches
    1
    Organizations enrolled
    20
    4.3 out of 5 by 211 learners
    2x
    Upcoming Batches
    Date Location Schedule
    31st July ONLINE Online
    Date Location Schedule
  • Recent Graduates
    MBA in Investment Banking
    Co-created with Jain University
    Course duration(Months)
    24
    Upcoming batches
    1
    Organizations enrolled
    20
    4.5 out of 5 by467 learners
    2x industry demand
    Upcoming Batches
    Date Location Schedule
    31st July ONLINE Online
    Date Location Schedule
  • Recent Graduates
    MBA in Fintech
    Co-created with Jain University
    Course duration(Months)
    24
    Upcoming batches
    1
    Organizations enrolled
    20
    4.4 out of 5 by 349 learners
    2x industry demand
    Upcoming Batches
    Date Location Schedule
    31st July ONLINE Online
    Date Location Schedule
  • Placement Program
    Post Graduate Program in Business Management with NMIMS
    Co-created with NMIMS
    Course duration(Months)
    24
    Upcoming batches
    1
    Organizations enrolled
    20
    4.7 out of 5 by 669 learners
    4x Industry Demand
    Upcoming Batches
    Date Location Schedule
    ONLINE Online
    Date Location Schedule
  • Post Graduate
    Post Graduate Program in Banking and Credit Underwriting
    Course duration(6)
    Upcoming batches
    1
    Organizations enrolled
    20
    4.7 out of 5 by 1376 learners
    12 X industry demand
    Upcoming Batches
    Date Location Schedule
    Not Available MUMBAI Online
    Date Location Schedule
  • Post Graduate
    Post Graduate Program In Finance And Accounting
    Co-created with Grant Thornton
    Course duration(months)
    4
    Upcoming batches
    1
    Organizations enrolled
    20
    4.9 out of 5 by 238 learners
    14 X industry demand
    Upcoming Batches
    Date Location Schedule
    None DELHI Online
    Date Location Schedule
  • Certification
    Professional Certification in FinTech
    Co-created with SP Jain School of Global Management
    Course duration(Months)
    3
    Upcoming batches
    1
    Organizations enrolled
    20
    4.6 out of 5 by 1421 learners
    6X industry demand
    Upcoming Batches
    Date Location Schedule
    ONLINE Online
    Date Location Schedule
  • PRODEGREE
    Credit Risk and Underwriting Prodegree
    Co-created with Moody’s Analytics
    Course duration(Months)
    3
    Upcoming batches
    2
    Organizations enrolled
    20
    4.6 out of 5 by 1139 learners
    4X industry demand
    Upcoming Batches
    Date Location Schedule
    13th February ONLINE Weekend
    Date Location Schedule
    29th May ONLINE Weekend
  • Certification
    Banking And Wealth Management Bootcamp
    Course duration(Months)
    2-3
    Upcoming batches
    1
    Organizations enrolled
    20
    4.6 out of 5 by 1429 learners
    3X industry demand
    Upcoming Batches
    Date Location Schedule
    30th January LUCKNOW Weekend
    Date Location Schedule
  • Post Graduation
    Post Graduate Program In Capital Markets
    Course duration(months)
    4
    Upcoming batches
    1
    Organizations enrolled
    20
    4.7 out of 5 by 807 learners
    3X industry demand
    Upcoming Batches
    Date Location Schedule
    Not Available ONLINE Online
    Date Location Schedule