... banking systems, viz., unit banking and branch banking A Unit Banking ‘Unit banking means a system of banking under which banking services are provided by a single banking organisation Such a ... (i) Merchant Banking: Some commercial banks have opened merchant banking divisions to provide merchant banking services C Fulfillment of Socio-Economic Objectives In recent years, commercial banks, ... branch banking system as well as unit banking system suffer from defects and drawbacks But the branch banking system is, on the whole, better than the unit banking system In fact, the branch banking...