The banking industry is a complex web of various departments working together to provide financial services to customers. Each department plays a critical role in ensuring the smooth functioning of the bank and meeting the needs of its clients. In this article, we will explore five key departments that are integral to the banking industry: Retail Banking, Commercial Banking, Investment Banking, Risk Management, and Operations. Retail Banking: Retail banking is the department that deals with individual customers and their banking needs. It includes services such as checking and savings accounts, loans for personal use such as mortgages or car loans, and credit cards. The retail banking department aims to provide a convenient and accessible banking experience for customers through various channels such as online banking, mobile banking, and branch locations. Commercial Banking: Commercial banking is the department that caters to the financial needs of businesses. It includes services suc...