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What is Bank Business Model Canvas Explained about?
Banks operate by accepting deposits from customers at a lower interest rate and lending money to other customers at a higher interest rate, earning revenue from the interest rate differential. Banks serve both retail and corporate customers, offering products like home, education, auto, and personal loans to retail customers and loans tailored to different industries for corporate customers. Banks use branches, ATMs, call centers, internet, and mobile channels to interact with customers while also automatin
- Author
- Ayush Jaiswal
- Language
- EN