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Trends In Banking

Tags : Indian Banking in 2010, Banking Trends, Trends In Banking, Banking Trends In India, Banks In India, Indian Banking Trends,
Industry : Banking
Functional Area : India
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About "Trends In Banking" topic:

At the beginning of the 21st century, the biggest banks in the industrial world have become complex financial organizations that offer a wide variety of services to international markets and control billions of dollars in cash and assets.These are symbols of changing trends in banking.

The changing trends in banking has made banks to adopt the latest technologies. Banks are working to identify new business niches, to develop customized services, to implement innovative strategies and to capture new market opportunities. With further globalization, consolidation, deregulation and diversification of the financial industry, the trends in banking sector  will become even more complex.


Let us discuss the different Trends In Banking system in 2010...

 

                                  Indian Banks

 

2 insight , 12 debates , 8 idea contests , 4 question on topic: "Trends In Banking"
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(rate this)
Yes 
21
VS
12
 No
Vipin Bhasin  |  Argues in support of  "No"  |  1 year ago
It is not true that Indians banks are more financially robust than big foreign banks. Rashmi In recession Indian banks are less effected not due to more financially robust but due to credit risk policy. In India to get loan is not easy even for...
John D Nevin  |  Argues in support of  "Yes"  |  2 years ago
Yes, Indian banks are financially sound unlike their counterparts across the globe.
Rashmi Patil  |  Argues in support of  "Yes"  |  2 years ago
Last year, when the whole world was struggling because of this recession, Indian banks were one of the least effected sectors. They not only could come out of the recession very fast, but also could cover up all the losses incurred very easily....
 support: 
 
 
Debate: "Are Indian banks ‘financially robust'?" deleted from your view.
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(rate this)
Yes 
15
VS
10
 No
NAGARAJAN B  |  Argues in support of  "No"  |  2 years ago
In my view, there could be one or two acquisition of private banks either by a Industrial house or merger with large private banks. Possibly, some SBI associate banks may merge with the parent but this also subject to RBI and Employees Union...
Manish N Chugh  |  Argues in support of  "Yes"  |  2 years ago
Yes, even i would say this is very much in pace and will should happen in a country like Ours to grow with better pace in terms of economy and technically too. The M A of banks is in talks from long time and am sure this will be implemented very...
Rashmi Chawla  |  Argues in support of  "Yes"  |  2 years ago
In my opinion, India would see a large number of global banks controlling huge stakes of the banking entities in the country. The overseas banking units would bring along with it capital, technology, and management skills which would lead to...
 support: 
 
 
Debate: "Will 2010 face many mergers and acquisitions in the banking sector?" deleted from your view.
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(rate this)
1 Monitoring and Mentoring
2 good knowledge of products to the executives & better customer service
Repath Athyala  |  Added idea  "by listening to his/her needs exactly without assumption"  |  1 year ago
by listening to his/her needs exactly without assumption.
K Satish Kumar  |  Supported idea  "good knowledge of products to the executives & better customer service"  |  2 years ago
In order to meet the targets these guys tend to give the wrong information about the product which cause dissatisfaction latter  
 
 
Ideate: "How banks can improve customer service in 2010?" deleted from your view.
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(rate this)
1 Facilitate with UID project
2 By leveraging existing network of Post Offices in India
Sandeep Kule  |  Supported idea  "Facilitate with UID project"  |  1 year ago
I do support ur idea to associate the UID with Bank ID. This initiative makes it easy for banks to reach to every citizen. Once we acheive that, it will become the golden period for Banking Industry. This inturn will satisfy the social concern of...
Harindra J Bhatt  |  Supported idea  "Facilitate with UID project"  |  2 years ago
Great Idea. I'm in favour of your view. that would be a banking revolution. Every location can be covered under one roof. and Yes most importantly Inter Banking Transactions and Customer's Quality Services would be highlighted properly. More over...
praveenkumar  |  Supported idea  "Facilitate with UID project"  |  2 years ago
i will be agree with your comment, who are the people still under bpl they unable receive the banking services, i hope as per your statement the uid project will abe implement as early as possible
 
 
Ideate: "How centralised banking system should be implemented in Banks?" deleted from your view.
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(rate this)
Yes 
27
VS
5
 No
kalpesh zanje  |  Argues in support of  "Yes"  |  1 month ago
Rural economy is improved a lot almost in all taluka and district places. In now a days lots of savings and small business also available with the rural people furhter they are aware and have knowledge about their investment, where to invest and...
Jay Kamath  |  Argues in support of  "No"  |  1 year ago
Banks and their charges and visions will make rural banking a spectacular failure. And with the recent news about the high interest rates of micro lending, I think it's time the government steps in and utilizes the Indian postal service to provide...
sujit Kumar  |  Argues in support of  "No"  |  2 years ago
Not exactly rural marketing. The real rural banking is done by cooperative bank helped by NABARD in India. Still the private players are looking for rural areas for profitability, which is not viable even though the volume is big there. So, yes...
 support: 
 
 
Debate: "Is Rural banking the new mantra for Retail banks?" deleted from your view.
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(rate this)
Is merger and acquistion of public sector banks in india useful 
11
VS
2
 or not
govind agarwal  |  Argues in support of  "Is merger and acquistion of public sector banks in india useful"  |  2 years ago
In my view merger is always better it brings uniformity in rules and effciancy they should also increase the staff at the same time
kanukurthy sudershanrao  |  Argues in support of  "or not"  |  2 years ago
One can see from the recent events all over the world how big banks gone/ almost went bankrupt.  Big is good is not a reasonable concept.  The survival, growth, share of the market does not depend on its size but on its strategies, products,...
Swati Raut  |  Argues in support of  "Is merger and acquistion of public sector banks in india useful"  |  2 years ago
Hi Amol.... Mergers and acquisitions in banking sector have become familiar in the majority of all the countries in the world. And nowadays we can also see the public banks merging with other banks, this will help to improve the process and...
 support: 
 
 
Debate: "bank merger and acquisition in india" deleted from your view.
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(rate this)
Yes 
1
VS
0
 No
manikanta raj  |  Argues in support of  "Yes"  |  2 years ago
In my opinion the LIC is good enough to enter in to Banking industry.  As a NBFC its performance is top rated and it is already proved through LIC HOusing Finance Pvt. Ltd.  LIC has to set up banking wing as a Subsidiary pvt. ltd company.  it can...
 support: 
 
 
Debate: "LIC is strong enough to start its new venture." deleted from your view.
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(rate this)
Yes 
6
VS
0
 No
Natasha Parmar  |  Argues in support of  "Yes"  |  1 year ago
Surely, it would. If we follow the very basic demand and supply theory, then since there is lot of demand, or demand created,it is a wise decision to step in India. Further, India is on a development spree, and fund raising is one of the main...
 support: 
 
 
Debate: "With Goldman Sachs entering in India does this suggest that importance of Investment Banking will increase?" deleted from your view.
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NSE’s Certification in Financial Market’s (NCFM) CIRCULAR Download Reference No. NSE/NCFM/14862 Ref. No: NSE/NCFM/2010/156 May 25, 2010 Sub: Launch of Commercial Banking in India: A Beginner’s Module ‘Commercial Banking in India: A Beginner’s Module’ is being launched under NCFM which aims at providing some basic insights into the policies and practices currently followed in the Indian banking system. The ‘Commercial Banking in India: A Beginner’s Module’ test would contain 60 questions to be answered in 120 minutes. The passing percentage would be 50%. There would be no negative marking. The fees for the module would be Rs. 1500/- per test. For on-line registration, payment of fees and enro...
 
 
Insight: "Launch of Commercial Banking in India: A Beginner’s Module" deleted from your view.
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No, It can not be successful. 
4
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1
 Yes, It can be successful.
Srinivas suravajhala  |  Argues in support of  "No, It can not be successful."  |  1 year ago
RBI has issued certain guidelines differentiating the Banking sector and NBFCs.  If the licences are issued to NBFCs the structural difference between the two will vanish.  RBI has to clarify its stand.  It is not clear the distinction between...
 support: 
 
 
Debate: "RBI proposed to issue Banking licences to NBFC (Non Banking Financial Companies). Can NBFCs be successful in Banking Sector?" deleted from your view.
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