Final answer:
True. Retail banking focuses on providing services and capital to individuals for personal use.
Step-by-step explanation:
True.
Retail banking focuses on providing services and capital to individuals for personal use. It includes services such as personal checking accounts, savings accounts, loans for home mortgages, car loans, and personal loans.
For example, a retail bank may offer a variety of services to help individuals manage their personal finances, such as online banking, mobile banking apps, and debit cards. Additionally, retail banks may provide financial education resources to help individuals make informed decisions about their money.