The Wholesale banking refers to the business of banks with Corporates/Public Sector Enterprises or big business houses. The banks offers bouquet of products and services to Corporates under one umbrella.
Objective
The objective is:
- To provide superior product delivery
- Industry benchmark service level
- Strong customer oriented banking
Wholesale Banking Products
The various products and services provided by banks are:
- Term Loans
- Short Term Finance
- Working Capital Finance
- Bill Discounting
- Export Credit
- Bank Guarantees
- Letter of Credit
- Bill Collection
- Cash Management Services
- Corporate Salary Accounts
- NEFT/RTGS
- Forex Services
- Money Market Services
- Tax Collection
- ECS/NACH
- Payment Gateway Services
- Corporate Internet Banking
- Supply Chain Management
With face pace economic liberalization and rapidly developing corporate sector, this segment of business has opened up avenues for banks to diversify their business portfolio.
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