Disingusish between uni banking and branch banking?
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UNIT BANKING
* Unit banking is generally a single branch small bank , which provides financial services to the local community in which it operates .
There no branches or small branches in a limited locality only.
* Unit banking are vulnerable of failure and are subject to heavy risk in case of failure of local community.
* Unit banking has more operational freedom .
BRANCH BANKING
* Bank operates through branches connected to each other . Each branch provide usual banking services but the control is done by head office or central office .
* Branch banking is more stable and resilient to ups and down in local economy because of backing by other branches and head office.
* Branch banking has less operational freedom.
* Unit banking is generally a single branch small bank , which provides financial services to the local community in which it operates .
There no branches or small branches in a limited locality only.
* Unit banking are vulnerable of failure and are subject to heavy risk in case of failure of local community.
* Unit banking has more operational freedom .
BRANCH BANKING
* Bank operates through branches connected to each other . Each branch provide usual banking services but the control is done by head office or central office .
* Branch banking is more stable and resilient to ups and down in local economy because of backing by other branches and head office.
* Branch banking has less operational freedom.
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