Go Back   ManagementParadise.com | Management & Business Education Learning Platform Upload / Download Banking and Insurance Projects and Notes > Innovations in banking and insurance.

RETAIL BANKING - ILLUSTRATED

Discuss RETAIL BANKING - ILLUSTRATED within the Innovations in banking and insurance. forums, part of the Upload / Download Banking and Insurance Projects and Notes category; “Retail banking is typical mass-market banking where individual customers use local branches of larger commercial banks. Services offered include: savings ...

Reply

 

Thread Tools Display Modes
RETAIL BANKING - ILLUSTRATED
Old
 (1 (permalink))
Abhijeet S
abhishreshthaa is a splendid one to beholdabhishreshthaa is a splendid one to beholdabhishreshthaa is a splendid one to beholdabhishreshthaa is a splendid one to beholdabhishreshthaa is a splendid one to beholdabhishreshthaa is a splendid one to beholdabhishreshthaa is a splendid one to behold
 
abhishreshthaa
Operations Manager at Management Paradise
Management Paradise Guru
 
Status: Offline
Posts: 7,045
Join Date: May 2010
RETAIL BANKING - ILLUSTRATED - October 4th, 2010

“Retail banking is typical mass-market banking where individual customers use local branches of larger commercial banks. Services offered include: savings and checking accounts, mortgages, personal loans, debit cards, credit cards, and so”



The Retail Banking environment today is changing fast. The changing customer demographics demands to create a differentiated application based on scalable technology, improved service and banking convenience. Higher penetration of technology and increase in global literacy levels has set up the expectations of the customer higher than never before. Increasing use of modern technology has further enhanced reach and accessibility.


The market today gives us a challenge to provide multiple and innovative contemporary services to the customer through a consolidated window as so to ensure that the bank’s customer gets “Uniformity and Consistency” of service delivery across time and at every touch point across all channels. The pace of innovation is accelerating and security threat has become prime of all electronic transactions. High cost structure rendering mass-market servicing is prohibitively expensive.


Present day tech-savvy bankers are now more looking at reduction in their operating costs by adopting scalable and secure technology thereby reducing the response time to their customers so as to improve their client base and economies of scale.
The solution lies to market demands and challenges lies in innovation of new offering with minimum dependence on branches – a multi-channel bank and to eliminate the disadvantage of an inadequate branch network.


Generation of leads to cross sell and creating additional revenues with utmost customer satisfaction has become focal point worldwide for the success of a Bank.
Advertisements



Help Others > Network > Grow


Work with us part time/full time as forum moderator. Email us your resume on careers @ managementparadise.com PLS PRESS THANKS BUTTON IF U LIKED MY POST.


To view links or images in signatures your post count must be 0 or greater. You currently have 0 posts.
Friends: (0)
Reply With Quote
The Following User Says Thank You to For This Useful Post:
Re: RETAIL BANKING - ILLUSTRATED
Old
 (2 (permalink))
Jitendra Mazee
jiten005 is an unknown quantity at this point
 
jiten005
Management Paradise Guru
Status: Offline
Posts: 5,316
Join Date: Jan 2018
Re: RETAIL BANKING - ILLUSTRATED - February 7th, 2018

Quote:
Originally Posted by abhishreshthaa View Post
“Retail banking is typical mass-market banking where individual customers use local branches of larger commercial banks. Services offered include: savings and checking accounts, mortgages, personal loans, debit cards, credit cards, and so”



The Retail Banking environment today is changing fast. The changing customer demographics demands to create a differentiated application based on scalable technology, improved service and banking convenience. Higher penetration of technology and increase in global literacy levels has set up the expectations of the customer higher than never before. Increasing use of modern technology has further enhanced reach and accessibility.


The market today gives us a challenge to provide multiple and innovative contemporary services to the customer through a consolidated window as so to ensure that the bank’s customer gets “Uniformity and Consistency” of service delivery across time and at every touch point across all channels. The pace of innovation is accelerating and security threat has become prime of all electronic transactions. High cost structure rendering mass-market servicing is prohibitively expensive.


Present day tech-savvy bankers are now more looking at reduction in their operating costs by adopting scalable and secure technology thereby reducing the response time to their customers so as to improve their client base and economies of scale.
The solution lies to market demands and challenges lies in innovation of new offering with minimum dependence on branches – a multi-channel bank and to eliminate the disadvantage of an inadequate branch network.


Generation of leads to cross sell and creating additional revenues with utmost customer satisfaction has become focal point worldwide for the success of a Bank.
Hey friend, thanks for your sharing and i am sure it would help many people. Well, I also want to share some information on RETAIL BANKING - ILLUSTRATED so that more and more people can take benefit from your thread.
Attached Files
File Type: pdf RETAIL BANKING - ILLUSTRATED.pdf (499.8 KB, 0 views)
Friends: (0)
Reply With Quote
Reply

Bookmarks

Tags
banking, banking illustrated, illustrated, retail, retail banking, retail illustrated
Related to RETAIL BANKING - ILLUSTRATED
 

Similar Threads

Thread Thread Starter Forum Replies Last Post
Banking in Retail rahul_parab2006 Miscellaneous Projects 1 December 14th, 2017 08:18 PM
retail banking serendip Financial Management ( FM ) 7 April 8th, 2016 04:18 PM
Retail Banking penelope Upload / Download Banking and Insurance Projects and Notes 7 September 25th, 2009 08:08 PM
ppt on retail banking deepak_sood Marketing in banking and insurance 12 September 5th, 2009 02:01 PM
Retail Banking Puja Govekar PUBLISH / UPLOAD PROJECT OR DOWNLOAD REFERENCE PROJECT 0 July 3rd, 2009 10:24 AM
 


Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On
Trackbacks are On
Pingbacks are On
Refbacks are Off


ManagementParadise.com is not responsible for the views and opinion of the posters. The posters and only posters shall be liable for any copyright infringement.



Search Engine Optimization by vBSEO ©2011, Crawlability, Inc.