Wholesale banking

Concept:  Wholesale Banking
Topic: Indian Economy
Category: Indian Economy and issues, Banking Sector
Related News: Hindu, Feb 28
CNA mentions: 1(Feb 28)

Wholesale Banking

Wholesale banking refers to the banking services offered by banks to larger customers like mortgage banks, commercial banks, large corporations, mid-sized companies, real estate developers and investors, institutional customers, etc. It includes currency conversions and large scale transactions. Wholesale banking is also called corporate banking or commercial banking, as opposed to retail banking which involves small customers like individuals. The services offered under wholesale banking include specialised finance, loan syndications, structured transactions, securitisation, credit structuring, public sector infrastructure financing, etc.