Discuss SCOPE FOR RETAIL BANKING IN INDIA within the Service Sector Management (S.S.M) forums, part of the PUBLISH / UPLOAD PROJECT OR DOWNLOAD REFERENCE PROJECT category; o All round increase in economic activity o Increase in the purchasing power. The rural areas have the large purchasing ...
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SCOPE FOR RETAIL BANKING IN INDIA
SCOPE FOR RETAIL BANKING IN INDIA - October 4th, 2010
o All round increase in economic activity
o Increase in the purchasing power. The rural areas have the large purchasing power at their disposal and this is an opportunity to market Retail Banking.
o India has 200 million households and 400 million middleclass population more than 90% of the savings come from the house hold sector. Falling interest rates have resulted in a shift. “Now People Want To Save Less And Spend More.”
o Nuclear family concept is gaining much importance which may lead to large savings, large number of banking services to be provided are day-by-day increasing.
o Tax benefits are available for example in case of housing loans the borrower can avail tax benefits for the loan repayment and the interest charged for the loan.
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Re: SCOPE FOR RETAIL BANKING IN INDIA
Re: SCOPE FOR RETAIL BANKING IN INDIA - July 3rd, 2015
Incredulous to know about Retail Banking, check it out.
Retail banking is the provision of services by a bank to individual consumers, rather than to companies, corporations or other banks. Services offered include savings and transactional accounts, mortgages, personal loans, debit cards, and credit cards.
Retail Banking in India
Scope of Retail Sector in Context of Global Recession
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