Accountancy, asked by feminarafiq3906, 1 year ago

Difference between custodian bank and long term finance bank

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Answered by sharathkumar1
1
custodian bank, or simply custodian, is a specialized financial institution responsible for safeguarding a firm's or individual's financial assets and is not engaged in "traditional" commercial or consumer/retail banking such as mortgage or personal lending, branch banking, personal accounts, automated teller ...

The WLTF banks would fund the long term high value projects very much similar to the Development Finance Institutions thn only it would be called as long term finance bank
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