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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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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...
Let us discuss the different Trends In Banking system in 2010...
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(rate this)
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Yes
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21
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12
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No
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Vipin Bhasin
| Argues in support of
"No"
| 2 years ago
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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...
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John D Nevin
| Argues in support of
"Yes"
| 3 years ago
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Yes, Indian banks are financially sound unlike their counterparts across the globe.
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Rashmi Patil
| Argues in support of
"Yes"
| 3 years ago
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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....
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(rate this)
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Yes
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15
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10
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No
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NAGARAJAN B
| Argues in support of
"No"
| 3 years ago
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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...
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Manish N Chugh
| Argues in support of
"Yes"
| 3 years ago
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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...
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Rashmi Chawla
| Argues in support of
"Yes"
| 3 years ago
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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...
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(rate this)
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Repath Athyala
| Added idea
"by listening to his/her needs exactly without assumption"
| 2 years ago
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by listening to his/her needs exactly without assumption.
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K Satish Kumar
| Supported idea
"good knowledge of products to the executives & better customer service"
| 3 years ago
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In order to meet the targets these guys tend to give the wrong information about the product which cause dissatisfaction latter
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(rate this)
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Sandeep Kule
| Supported idea
"Facilitate with UID project"
| 2 years ago
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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...
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Harindra J Bhatt
| Supported idea
"Facilitate with UID project"
| 3 years ago
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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...
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praveenkumar
| Supported idea
"Facilitate with UID project"
| 3 years ago
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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
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(rate this)
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Yes
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27
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VS |
5
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No
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kalpesh zanje
| Argues in support of
"Yes"
| 1 year ago
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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...
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Jay Kamath
| Argues in support of
"No"
| 2 years ago
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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...
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sujit Kumar
| Argues in support of
"No"
| 3 years ago
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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...
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(rate this)
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Is merger and acquistion of public sector banks in india useful
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11
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2
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or not
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govind agarwal
| Argues in support of
"Is merger and acquistion of public sector banks in india useful"
| 3 years ago
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In my view merger is always better it brings uniformity in rules and effciancy they should also increase the staff at the same time
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kanukurthy sudershanrao
| Argues in support of
"or not"
| 3 years ago
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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,...
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Swati Raut
| Argues in support of
"Is merger and acquistion of public sector banks in india useful"
| 3 years ago
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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...
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(rate this)
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Yes
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1
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VS |
0
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No
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manikanta raj
| Argues in support of
"Yes"
| 2 years ago
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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...
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(rate this)
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Yes
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6
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0
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No
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Natasha Parmar
| Argues in support of
"Yes"
| 2 years ago
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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...
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(rate this)
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(rate this)
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No, It can not be successful.
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4
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1
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Yes, It can be successful.
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Srinivas suravajhala
| Argues in support of
"No, It can not be successful."
| 2 years ago
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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...
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Activity:
3 referals
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1 comments,
340 views
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Nearly everything is finding a home on the Internet, and software development is no different. But this trend called platform-as-a-service, or PaaS, could have huge implications. In theory, PaaS makes it far easier for businesses and other enterprises to develop their own applications, instead of licensing or buying the applications from software companies. The change represents a fundamental disruption to how software gets distributed and consumed, says Paul McNamara, chief executive of small PaaS vendor Coghead. The trend marks "a significant watershed event," he said. PaaS can be applied to any market, by any company, according to William Blair Co. analyst Laura Lederman. "The emergence of the PaaS offering also represents something more fundamental: a challenge to the way applications are developed and to the vendors that currently dominate software platforms," Lederman wrote in a recent report. One such dominant software platform is Microsoft 's ( MSFT ) Windows. How much of a...
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Activity:
111 referals
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21 comments,
529 views
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Housing in India varies greatly and reflects the socio-economic mix of its vast population. There are certain unique characteristics of Indian culture which drives its housing set-up. The most common structure is for the extended family (usually referred to as joint family) to live in the same house. For instance grandparents, their sons, daughters-in-law and grandchildren live in the same household sharing the same kitchen. Brothers, sisters and cousins grow up together. Each husband-wife combination has their own bedroom. The eldest woman in the house sets the menu and leads the cooking. Women live with their in-laws after marriage. With modernisation there is a small but growing section of nuclear families in urban areas. It is still extremely rare for senior citizens to live alone. Conservative Indian society frowns upon young couples living together before marriage. Some single young adults live in same-sex dormitories during college or in shared accommodation during the early...
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Activity:
10 referals
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23 comments,
9484 views
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Credit risk management is a very important area for for the banking sector and there are wide prospects of growth and other financial institutions also face problems which are financial in nature. Also, banking professionals have to maintain a balance between the risks and the returns.For a large customer base banks need to have a variety of loan products.If bank lowers the interest rates for the loans it offers, it will suffer In terms of equity, a bank must have substantial amount of capital on its reserve, but not too much that it misses the investment revenue, and not too little that it leads itself to financial instability and to the risk of regulatory non-compliance. Credit risk management is risk assessment that comes in an investment. Risk often comes in investing and in the allocation of capital. The risks must be assessed so as to derive a sound investment decision.And decisions should be made by balancing the risks and returns. Giving loans is a risky affair for bank...
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Activity:
5 referals
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13 comments,
3064 views
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The biggest management challenge in the new millennium of liberalisation and globalization for a business is to serve and maintain good relations with the king-the customer. In the past, producers took their customers for granted because at that time customers were not demanding nor had many alternative sources of supply or suppliers. Since he was a passive customer, the producer dictated terms and had little customer commitment. But today there is a radical transformation. The changing business environment is characterised by economic liberalisation, increasing competition, high consumer choice, enlightened and demanding customer, more emphasis on quality and value of purchase. All these changes have made today's producer shift from traditional marketing to modern marketing. Modern marketing calls for more than developing a product, pricing it, promoting it and making it accessible to target customers. It demands building trust, a binding force and value added relationship with...
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Activity:
0 referals
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18 comments,
4486 views
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Hi Friends, I came across this interesting review of RBS done by the employees of RBS on www.talentequity.in I am sharing it with you. An emoloyee wrote: What I like about RBS Associates: " Good work and personal life balance. Good compensation and benefits and domain learning opportunities though not very good but still adequate opportunities are there." What I don't like about RBS Associates: “Kind of work is not very good. Job Security in the turbulent financial markets is not very good. Good work mostly done out of onsite office locations " To read more of this and other reviews of RBS Associates: http:// bit.ly/xKILv Please revert with your views. Regards Samera
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