After studying this chapter you will be able to understand: What are Co-operative and Specialized banks? Branch banking, unit banking, group banking, mixed banking, chain banking, retail banking. | Revise Lecture 4 Revision lecture 4 Q1: How many types of banks we discussed in our lecture 4? Revision lecture 4 Q2: What are Co-operative and Specialized banks? Lecture 5 Types of Banking Types of Baking Branch Banking Unit Banking Group Banking Mixed Banking Chain Banking Retail Banking Types of Baking 7. Correspondent Banking 8. Universal Banking 9. Virtual Banking Types of Baking Branch Banking Types of Baking Branch Banking: Branch banking is multi-office banking, generally defined as accepting deposits or making loans at facilities away from a bank’s home office. Branch banking has gone through significant changes since the 1980s as banks respond to a more competitive nationwide financial service market Types of Baking Unit Banking Types of Baking Unit Banking: Unit banking refers to a system where the operations of the bank are confined generally to a single office. The theory behind unit banking has been that each bank should be local institution, locally financed and . | Revise Lecture 4 Revision lecture 4 Q1: How many types of banks we discussed in our lecture 4? Revision lecture 4 Q2: What are Co-operative and Specialized banks? Lecture 5 Types of Banking Types of Baking Branch Banking Unit Banking Group Banking Mixed Banking Chain Banking Retail Banking Types of Baking 7. Correspondent Banking 8. Universal Banking 9. Virtual Banking Types of Baking Branch Banking Types of Baking Branch Banking: Branch banking is multi-office banking, generally defined as accepting deposits or making loans at facilities away from a bank’s home office. Branch banking has gone through significant changes since the 1980s as banks respond to a more competitive nationwide financial service market Types of Baking Unit Banking Types of Baking Unit Banking: Unit banking refers to a system where the operations of the bank are confined generally to a single office. The theory behind unit banking has been that each bank should be local institution, locally financed and managed, drawing funds from local depositors and using its resources to develop local enterprises. Types of Baking The United States of Amercia is a typical country which follows the unit banking system. Under the correspondent bank system, the country banks deposits money with the city banks and the city banks with the reserve city banks. This arrangement helps each bank in making remittance through the correspondent. Types of Baking Group Banking Types of Baking Group Banking: Group banking is the form of holding company in which a management group has control of several existing banks. Each bank in the group has its own Board of Directors, but the holding company coordinates the activities of all banks in the group and owns a majority of capital stock in member banks. Types of Baking Mixed Banking Types of Baking Mixed Banking: Certain banks undertake both commercial and industrial banking activities. This system is known as mixed banking. It feature is to attract deposits and raise
