What is a corporate account, and how does it contribute to the financial management of businesses in India?

A corporate account is a specialized bank account for businesses and corporations, enabling them to handle their finances, accept payments, and carry out transactions effectively. It helps separate business finances from personal ones and provides access to banking services customized for their needs. India’s banking industry offers a large and evolving market, presenting possibilities for financial inclusion, digital banking, and investing in one of the world’s rapidly expanding economies.