Which of the following is NOT a characteristic of Retail Banking?

Retail banking primarily focuses on providing services to individual consumers rather than large businesses or corporations. Characteristics of retail banking include dealing with individual customers, accepting customer deposits, and offering financial advice tailored to personal finance needs. These services are designed to meet the diverse financial requirements of everyday individuals, such as personal loans, savings accounts, and financial planning.

In contrast, providing loans to large corporations falls under the domain of corporate or commercial banking, which serves a different segment of the financial market. This distinction is essential in understanding the role of retail banking compared to other banking sectors. Therefore, the correct identification of a characteristic that does not belong to retail banking is that it does not focus on large corporations, making it clear why the option regarding loans to large corporations is the right choice.