Financial System It is an institutional framework existing in a country to enable financial transactions. There are three main parts in Indian financial system. They are as follows: lFinancial assets comprises of loans, deposits, bonds, equities, etc. lFinancial institutions such as banks, mutual funds, insurance companies, etc. lFinancial markets include money market, capital market, forex [...]
Posts Tagged ‘Banking’
INDIAN FINANCIAL SYSTEM- AN APPRAISAL
October 13th, 2009 
davidguide 
Posted in Borrowers 
Tags: Bank, Banking, call money, Capital, chit funds, India, long term loans, mid 1980s, Money, money lenders, Private Sector, RBI, savings institutions, treasury bills market 
Comments OffBanking and Financial Services – Essential Part of Everyone’s Life
October 12th, 2009 davidguide Banking and Financial Services Nowadays, Banking and Financial Services are an essential part of everyone’s life. Every day people use different types of banking and various financial services. Some examples include paying utility bills or insurance premiums, shopping online or through Debit/Credit Cards. These technology driven banking and financial services have simplified transactions and made [...]
Posted in Borrowers Tags: Asia, Banking, banking and financial services, cash crunch, Credit, debit credit cards, economic relief, finance practices, Financial, financial service providers, insurance premiums, life, Money, New Zealand Comments OffIMPACT OF ELECTRONIC BANKING ON RURAL ECONOMY
October 9th, 2009 davidguide INTERNET BANKING Internet banking is a Self-service channel through which the customer will be interesting with the branch for Transacting business and seeking information. The channel is an extremely comprehensive product for both retail and corporate customers. It has acquired real-time transaction processing capability and has been supporting the business initiatives of the bank in [...]
Posted in Borrowers Tags: Banking, business initiatives, channel, conspicuous consumption, credit card payments, India, Money, railway ticket, system, technology, ticket bookings, unexpected circumstances, wage earners Comments OffCRM in banking
October 5th, 2009 davidguide Importance of CRM Customer relationship management is a broad approach for creating, maintaining and expanding customer relationships. CRM is the business strategy that aims to understand, anticipate, manage and personalize the needs of an organization’s current and potential customers. At the heart of a perfect strategy is the creation of mutual value for all parties [...]
Posted in Borrowers Tags: Bank, Banking, CRM, customer, customer life cycle, customer profitability, customer relationship management, India, product life cycle, relationship, sound business strategy, sustainable competitive advantage, timely announcement Comments OffPROBLEMS AND RECOVERY OF NPA AT BRANCH BANKS
October 4th, 2009 davidguide The Banks in India Face the problems of swelling non-performing assets (NPAs) and the issue is becoming more and more unmanageable. The NPAs have direct impact on banks profitability, liquidity and equity. The NPAs of Indian Banks are relatively huge by international standard. Therefore the biggest ever challenge that the banking industry now faces is [...]
Posted in Borrowers Tags: Banking, banks in india, branch banks, capital adequacy, Credit, credit consideration, impact, India, indian banks, NPAs, profitability, stringent provisions Comments OffINTERNET BANKING SERVICES IN BANKS-BOON TO CUSTOMERS
October 3rd, 2009 davidguide The contemporary trends in Banking operations and services with the help of computers are quite cheering for customer. As we find information technology invading the banking sector, only banks, which used the right technology, could come out with success. Banks are required to ‘restructure’, re-invent and reengineer themselves go meet the necessary performance improvement and [...]
Posted in Borrowers Tags: automatic teller machines, Banking, card, customer, electronic funds transfer, electronic methods, India, information, introduction of information technology, Mat, Mat Accounts, maximum customer satisfaction, Mumbai, necessary performance, system, worldwide networking Comments Off