Which are the retail liability products in bank?
- Posted:
- 3+ months ago by navnathra...
- Topics:
- bank, retail, product
Answers (1)
Commercial banks offers a varieties of product to the customers, these products are known as ‘’liability product” because they represent liability of the bank. Consumer generally know them as “deposit product”.
There are number of Liabilty products, some of the liability products are listed below
* Savings Account
* Fixed Deposit Account
* Recurring Deposit
* Current Account