What are the industrial banks

Question

Accepted Answer

Industrial banks are financial institutions that provide banking services to industrial companies and businesses.

Industrial banks specialize in providing loans and financial services to industrial companies.
They offer various types of loans, including equipment financing, working capital loans, and project financing.
Industrial banks often have expertise in specific industries and tailor their services to meet the unique needs of industrial clients.
They may also offer specialized services such as cash management, trade finance, and risk management.
Examples of industrial banks include Bank of America Merrill Lynch, JPMorgan Chase Commercial Banking, and Wells Fargo Commercial Banking.

Accepted Answer

The main purpose of industrial banks to provide big loan to large scale industries

Accepted Answer

The main purpose of industrial banks to provide big loan to large scale industries

Top HDB Financial Services Business Executive interview questions & answers