Indian banking sector

iamsiva1

iamsiva1

New member
Banking is playing predominant role in customer Purchasing power in India its a cyclical activity to gain the profits from public and to avoid the recession impact on the banks. Indian population is the opportunity to the every sector to come out from the recession .when banks are giving loans for low interest rates people tend to spend more!!!! it will increase the revenue of the companies all over India.when companies are increasing their revenue they are in need of working capital more and they call for the more deposits from the bankers with high interest rate.
 
Undoubtedly, the opportunities are huge for banks in India, especially when the fact that around 85% population of our country does NOT have an individual bank account.

Found this data on Rediff(http://www.rediff.com/money/2005/dec/01guest3.htm):

"In India, there are a total of 31 crore (Rs 310 million) savings bank accounts, but given the number of multiple accounts, the number of people having savings bank accounts cannot be more than 20 crore (Rs 200 million)."
 
I believe Indian banking system has done a remarkable all round growth during the few decade ago. But there continue to be some normal weakness and short comings and campaigns should be made to get over them as early as possible. Some of the weaker points of Indian banking system are as follows:

1. First and major significant weak point is the terrible capital base.

2.Ineffective and ineffective organigation structure.

3.Institutional the actual of different economic agencies in non-urban areas.

4. The service to the customer is growing to be more and more impersonal, indifferent and unproductive. The extent of data corruption among lender workers is also on the increase.So its not crucial to be believed that indian banking system brings credit to us.
 
As per the Reserve Bank of India (RBI), India’s banking sector is adequately capitalized and well-licensed. The financial and economic conditions in the nation are far better than any other nation in the world. liquidity, Credit and market risk research propose that Indian native banking institutions are typically tough and possess survived the global downturn properly.

Indian banking industry is likely to see much better growth potential customers in 2015 as feelings of optimism stems from the Government’s actions toward revitalizing the business development in the united states. In addition, RBI’s new measures may possibly help a lot to help the restructuring in the home-based consumer banking sector.
 
iamsiva1 said:
Banking is playing predominant role in customer Purchasing power in India its a cyclical activity to gain the profits from public and to avoid the recession impact on the banks. Indian population is the opportunity to the every sector to come out from the recession .when banks are giving loans for low interest rates people tend to spend more!!!! it will increase the revenue of the companies all over India.when companies are increasing their revenue they are in need of working capital more and they call for the more deposits from the bankers with high interest rate.
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Hey there,

I am also uploading a document which will give more detailed explanation on Indian Banking Sector on the Road to Progress.
 

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