A study on retail banking in Union Bank Limited

Abstract

Banks are expected to support their communities with an adequate supply of credit for all legitimate business and consumer financial needs and to price that credit reasonably in line with competitively determined interest rates. Indeed, making loans is the principal economic function of banks to fund consumption and investment spending by businesses, individuals, and units of government. The objective of the report is to understand &analyze Retail Banking of Union Bank Limited. Throughout the period I went through the practical aspects of Retail Banking Department of a bank Management of Union Bank Limited. This report is an attempt to analyze the overall Retail Banking Management of this bank. Retail Banking is an important catalyst for bringing about economic development in a country. This report is divided into Four Parts. First part covers Introduction of the report. In first part mainly focused to discuss about origin, objective and limitation of the report. Second part covers the overview of Union Bank Ltd. In this part the overall status of the company is highlighted. Especially the structure, corporate profile, services and the other status of Union Bank Ltd. Third part covers the Retail Banking system of Union Bank Ltd. In this part the services of retail banking of Union Bank is discussed broadly. The last part includes ending Summary consists of Conclusion, Recommendations & Reference of the report. The last Section is based on overall information compiled from total report.