Standard Chartered Bank inStandard Chartered Bank in India Introd India Introduction Study

Description
Standard Chartered Bank is a British multinational banking and financial services company headquartered in London, United Kingdom. It operates a network of over 1,700 branches and outlets (including subsidiaries, associates and joint ventures) across more than 70 countries and employs around 87,000 people.

STANDARD CHARTERED BANK IN INDIA INTRODUCTION STUDY
The Chartered Bank opened its first overseas branch in India, at Kolkata, on 12 April 1858. Eight years later the Kolkata agent described the Bank's credit locally as splendid and its business as flourishing, particularly the substantial turnover in rice bills with the leading Arab firms. When the Chartered Bank first established itself in India, Kolkata was the most important commercial city, and was the centre of the jute and indigo trades. With the growth of the cotton trade and the opening of the Suez Canal in 1869, Bombay took over from Kolkata as India's main trade centre. Today the Bank's branches and subbranches in India are directed and administered from Mumbai (Bombay) with Kolkata remaining an important trading and banking centre.

The Aim of Marketing The aim of marketing is meet & satisfy target customers' needs and wants. Different definitions on marketing has been given by different authors. Such as according to Philip Kotler "Marketing is human activity directed at satisfying needs and wants through exchange processes." In the U.K., a very similar definition was given by the charted Institute of Marketing. "Marketing is the management process responsible for identifying, anticipating and satisfying customer requirements profitably."



doc_975345870.docx
 

Attachments

Back
Top