There are many differences between retail banking and corporate banking, however, to highlight the a few main points. Retail banks are those banks that deal directly with the customers and their main source of income being customer deposits, Retail banking is the visible face of banking to general public.
while corporate banking also known as business banking deals with business or corporate clients, their main source of income being regular write downs and interest charged on customer loans.
the objective as follows:-
retail banking main services and objectives are attracting new customers to open savings account, provide mortgages, loans and check lines of credit to loans provided to customers.
corporate banking main services are loans and credit services to corporate, treasury and cash management services, equipment lending and trade finance