Challenges to the Indian bank – Merger & Acquisition Abstract The new business environment mainly driven by globalization and liberalization has provided tremendous opportunity for the Indian banking industry to grow. The buoyant economy‚ deregulation and increasing consumer demand has led the banking industry growth in the recent past. But on the other hand it has also resulted in more competition and reduced margin that is forcing the Indian banks to look at consolidation as the means of increasing
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MODEL ESSAY-IMPORTANCE OF ALTERNATE CHANNELS OF BANKING In the present era of Banking‚ state-of-the-art technology assumes strategic significance. It is precisely here that Alternate Channels of Banking are in prime focus. The importance of alternate channels arises from the fact that Banks are trying to shift from traditional ‘bricks-and mortar’ banking to ‘clicks and bricks’ banking. It is imperative that footfalls at Bank branches need to be drastically reduced to allow employees to focus on quality
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CUSTOMER SATISFACTION IN INDIAN BANKING SECTOR By‚ Sushanta Chakraborty PGDM 1st year‚ SEC B Roll No. 57 INTODUCTION Business need to attract and establish a customer market and would need to retain it through satisfaction. That is the key to its business performance (Johnson et al. 2000). In order to attain this goal‚ a company should have a high satisfaction rate from its clients. The increasing competition
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History of BANKing in pakistan Banking in fact is primitive as human society‚ for ever since man came to realize the importance of money as a medium of exchange; the necessity of a controlling or regulating agency or institution was naturally felt. Perhaps it was the Babylonians who developed banking system as early as 2000 BC. IT is evident that the temples of Babylon were used as ‘Banks’ because of the prevalent respect and confidence in the clergy. The partition plan was announced on June 3
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According to Samuelson‚ “every central bank has one function. It operates to control the economy; supply of money and credit. “In the words of Vera Smith; “the primary definition of central bank is the banking system in which a single bank has either a complete or residuary monopoly of notes issue.” Kent defined it as “an institution which is charged with the responsibility of managing the expansion and contraction of the volume of money in the interests of the public welfare.” In Culbertson’s words
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IMPACT OF MOBILE BANKING ON THE EMERGING ASIAN COUNTRIES SUBMITTED BY SOURABH MUKHERJEE ROLL NO 31 PGDM IB 2009-11 RESEARCH TOPIC: Study the impact of mobile banking on the emerging Asian countries. RESEARCH HYPOTHESIS: The adoption of the channel of mobile banking model would increase overall profitability and increase the reach of customer base of banks in Asian countries. RESEARCH OBJECTIVE: The objective of the research is to understand the potential of mobile banking in emerging
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commenced business on 6 August 1966‚ and was listed on the Kuala Lumpur Stock Exchange (KLSE) on 6 April 1967. To-date‚ the Public Bank Group has grown into a premier banking group in Malaysia‚ with overseas market presence in Cambodia‚ Vietnam‚ Laos‚ Hong Kong‚ China and Sri Lanka. Public Bank Group is the third largest banking group in Malaysia and ranked number six by asset size in Southeast Asia. Public Bank is the largest non-government-linked corporation in Malaysia with a market capitalisation
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“Interest Free Banking” is a fundamental concept derived from the Islamic form of banking. It operates with the primitive professional and ethical standards that exclude the “Muslims” from paying or receiving any kind of interest. This certainly does not mean that the revenue generating activities or money raving businesses are not encouraged. All of these business forms are greatly appreciated as far as they do not involve interest in any kind. There are a lot of financial tools introduced by the
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Technology solution for promoting e-banking in bangladesh EXECUTIVE SUMMARY E-business has been continuously growing as a new industry during the last decade(Van Hoeck‚ 2001). The banking industry has been leading this trend in recent years‚and now all banking transactions completing through internet applications is sometimes called e-banking. Some key issues addressed in the recent literature about the e-bankinginclude: customer acceptance and satisfaction‚ privacy concerns‚ profitability‚ operational
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CIMB Group announces record RM4.35 billion Net Profit for FY12 Monday‚ 25 February 2013 for immediate release 1) Summary CIMB Group Holdings Berhad (“CIMB Group”) today reported a record net profit of RM4.35 billion for Financial Year 2012 (“FY12”)‚ representing a 7.8% year-on-year (“Y-o-Y”) growth and equivalent to net earnings per share (“EPS”) of 58.4 sen and net return on average equity (“ROE”) of 16.0%. The Group announced a second interim dividend of 18.38 sen in the form of cash or an
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