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Why do banks focus on retail loans in their customer expansion strategy?
  • a)
    Retail loans have a higher interest rate than corporate loans
  • b)
    Retail loans are easier to collect than corporate loans
  • c)
    Retail loans constitute a major portion of banks' revenue streams
  • d)
    Corporate clients are not interested in loans from banks
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
Why do banks focus on retail loans in their customer expansion strateg...
Retail loans are the backbone of the revenue streams of banks, and they constitute as high as 40 to 45 per cent of the total asset base.
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Why do banks focus on retail loans in their customer expansion strategy?a)Retail loans have a higher interest rate than corporate loansb)Retail loans are easier to collect than corporate loansc)Retail loans constitute a major portion of banks revenue streamsd)Corporate clients are not interested in loans from banksCorrect answer is option 'C'. Can you explain this answer?
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