Third Party Products

PPB Banker-Customer Relationship Free JAIIB Capsule 32 views Updated
Capsule FREE
PPB · Banker-Customer Relationship
What is it called when banks tie up with other companies to sell Mutual Funds, Insurance, and Demat accounts?
Tap to flip and reveal the answer
Third Party Products Sale (Bancassurance/Cross-selling).
A major source of non-interest fee income for banks. Demat requires a DP tie-up, while Trading requires a Stock Broker tie-up.
32 views

Third Party Products — Full Text

What is it called when banks tie up with other companies to sell Mutual Funds, Insurance, and Demat accounts?

Answer

Third Party Products Sale (Bancassurance/Cross-selling).

Additional notes

A major source of non-interest fee income for banks. Demat requires a DP tie-up, while Trading requires a Stock Broker tie-up.

Part of Principles & Practices of Banking · Banker-Customer Relationship · Last updated

Comments (0)

Login to post a comment.

No comments yet. Start the discussion!

Related JAIIB PPB Capsules

App Icon
Install ClearShorts App
Study offline, anytime