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Banking & Insurance Professionals
branch networking strategies,
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marketing, product, financial services, retail banks, banking, analytics, distribtuion, branding, retail branch network
Industry :
Banking
Functional Area : Consumer Sales |
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About "branch networking strategies," topic:
As the global financial crisis which not only catalyzed the dramatic macro economic policy shifts and changes in financial sector policy. It has already thrown up a significant pointers on to how financial intermediaries such as banks can re-fashion their business strategies, exploit the core competencies, improve their competitiveness, market standing and market share. So what will be the branch networking strategies in general and a situation like this. Share your thoughts on this......
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on topic: "branch networking strategies,"
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As a manger you should have wider adaptability to diverse set of conditions, situations and of course basic and elementary knowledge of the core business processess. There are job rotations and you don't know when you will get an opportunity of managing a completelly new branch. I mean to say that if you are promoted or appointed as a branch manager, what strategies and policies you should adapt, for proper control and functioning of that branch. The managing abilities need much more competence when you are concerned with the Bank or any other Financial Institution. It is not good enough that you are good at crunching numbers, but for succesfull branch management, you need to have strong sa...
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Mohit Sethi
| Commented
| 4 years ago
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Along with all these procedures , you should also work for supporting and appraising your staff for better branch management .
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Insight: "Bank Branch Management" deleted from your view.
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The concept of Branch Bank Management is catching pace, particularly in Banking and other financial institutions. There were lots of false beliefs associatd with Branching sytem and earlier most of executives considered it as the wastage of resources and time. Their notion was that, Internet will provide the necessary required aids to limit their reliance on the branch and the branch manager for sales and servicing, without any personalization .... But do you now feel that the trend and thinking is same? Obviously not.There is a potential demand for the 'personal touch' that has become the key to success for banks of all sizes, and other areas of the financial institutions depend on br...
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ravindra shrivastava
| Commented
| 2 years ago
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The struggle is to deliver those services economically," says Moyer, adding that this is increasingly difficult to do in an environment where rural banks are retaining the small-dollar accounts and losing the large-dollar accounts to...
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Insight: "Rethinking The Branch Manager's Role" deleted from your view.
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In the present age of technology, implementing core banking is the best solution. The centralised data base with centralised application serves many purposes. The customer is free to transact from any branch and any other mode of delivery channels like ATMs, Internet Banking etc. The transfer of funds will be very fast. Implementation of CBS will remove many hurdles for the bank as well as to the customers in conducting their day-to-day business. With the broad network of branches on a centralised platform will ease the branches in daily routines jobs like maintaining of books etc, thus they can concentrante on improving and building the customer service/base
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Rashmi Chawla
| Commented
| 2 years ago
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Yes, definitely the core banking has given the bank customers a unique experience of doing their transactions.
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Insight: "How to Netowork the bank branches and business" deleted from your view.
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