Consumer Banking

Consumer Banking is a way by which banks invest money by lending to people to earn money.It is followed by almost all banks in the world.They provide services like Mortgage,Credit Cards,Auto loans,Cash Line ,Personal Loans,Running Finance,Corporate loans and agri-loans etc...Consumer Banking have several departments which work as integrated system to avoid defaults and strict scrutiny of customers and clients is maintained to do so.There is a sales department,Verification department,Policy department,customer services department,Collections department,recovery and legal department and collections and recovery operations department.Operations department is like a firewall of windows which see and enforce the policies and procedures of consumer banking in compliance of State Bank and maintain consumer relation.Above mentioned are the organs of consumer banking.Other details of policies and services provided which will be helpful  to people  will be discussed on my next posts to come.