Burgeoning confronts in Indian Banking
Journal Title: International Journal of Engineering, Science and Mathematics - Year 2011, Vol 1, Issue 3
Abstract
The contemporary economic circumstances present numerous prospects and confronts to the existing banks. It is up to the banks to influence the opportunities to meet up the challenges to the best of their abilities. Banking Industry has observed a lot of chaos owing to the global financial crisis. The Reserve Bank of India (RBI), Ministry of Finance and other regulatory authorities has made various remarkable efforts to get better regulation in the sector. Many of large banks operating in the market have exploited the changed regulations (viz., change in CRR and interest rate) to give better choices to prospective customers. Acceptance of fresh practices to accommodate to the challenging economy situation has enabled the banks to meet up the varying customer necessities. As compare to other regional banks, over the last few years, Indian banks have achieved favorably on growth, asset quality and profitability. This paper would throw light on latest development in area of banking with emphasis on confronts or challenges faced by Indian banking industry.
Authors and Affiliations
Ms. Ritu Wadhwa
Keywords
Related Articles
- EP ID EP26483
- DOI -
- Views 384
- Downloads 9
Psychological aspects of male and female investors towards money matters
Financial sector is the backbone of any healthy nation. In finance theories it is assumed that people behave rationally and predictably when it is economic/financial matter. In several recent studies it is found that m...
Role of ICT for Record Management in the Wake of RTI Act
Right to Information (RTI) for accessing official information is one of the powerful tools bestowed to every citizen of India. It is a unique example in the developing world especially in the country with a population...
A Survey on Data Security & Computer Networks.
This research deals with data security in distributed and client/server computer systems, placing special emphasis on access security. The paper presents the subject of data security & computer Networks in these system...
APPLYING E-SUPPLY CHAIN MANAGEMENT USING INTERNAL AND EXTERNAL AGENT SYSTEM
In the electronic business, supply chain management must deal with globalization, reproducing product mixture, organizational obstacles, and fast information allotment. The tools are required to support supply chain ma...
An Efficient Centroid Selection Algorithm for K-means Clustering
This paper, we proposes an algorithm for performing data partitioning along the data axis with the highest variance to improve the accuracy. The data partitioning tries to divide data space into small cells or clusters...