Corporate Banking:

This role entails the entire plethora of banking services required by corporate. Corporate can be divided into largely two sections—Large Corporate and MSME which is Medium and Small enterprises. A corporate banker would thus have companies as his clients and service them. Some of the noticeable departments within corporate banking are as follows-

• Credit Borrowing to companies for their expansions and working capital requirements. Would entail doing a credit evaluation on the company and sanctioning the loan.
• Treasury help companies manage various types of risks such as foreign exchange, interest rate fluctuations. Treasuries also take proprietary positions to make profit in the 'forex' and bond markets.
• Cash Management Solutions: As most companies have a large number of customers, distributors or branch offices across the country it becomes a huge challenge to deal in money. Banks offer cash management solutions to help streamline, this entire operation for its corporate customers.

Retail Banking:

Also known as consumer banking, it entails dealing with products and services for individual customers. So, the scope encompasses getting business for products such as credit cards, savings accounts, personal loans and auto loans. Operational roles would entail teller, authorizing, clearing, remittances and customer services.

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