Economy, asked by tejarorasimran5472, 1 year ago

What are universal banks? how are they different from developing bank?

Answers

Answered by S4MAEL
11
Universal banking is a system of banking where banks undertake a blanket of financial services like investment banking, commercial banking, development banking, insurance and other financial services including functions of merchant banking, mutual funds, factoring, housing finance, insurance etc.

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