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PUNJAB NATIONAL BANK RETAIL BANKING DIVISION HO: NEW DELHI 18.09.2004 RBD DEP CIR NO. 26 DT. 18.09.2004TO ALL OFFICE SIN SUPERSESSION OF RBD Deposits Cir No. 16 dated 02.09.2002, RBD Deposits Cir
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01
Identify the specific needs and goals of the retail banking division. This may include providing basic banking services, managing customer accounts, offering loans and credit facilities, and ensuring regulatory compliance.
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Individuals and households who require basic banking services such as checking accounts, savings accounts, and debit or credit cards.
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Retail banking division is a segment of a bank that deals directly with retail customers.
Banks are required to file retail banking division with regulatory authorities.
Retail banking division can be filled out by providing detailed information on retail banking activities and financial performance.
The purpose of retail banking division is to track and analyze the performance of retail banking operations within a bank.
Information such as number of retail customers, loans and deposits, fees and charges, and profitability must be reported on retail banking division.
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