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SCOPE FOR RETAIL BANKING IN INDIA

SCOPE FOR RETAIL BANKING IN INDIA

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
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Abhijeet S
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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
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Jay Bhatia
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Re: SCOPE FOR RETAIL BANKING IN INDIA - December 25th, 2010

can somebody recommend me some site where I can get stats related to retail banking
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Re: SCOPE FOR RETAIL BANKING IN INDIA
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Jay Bhatia
Jcb123 is an unknown quantity at this point
 
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Re: SCOPE FOR RETAIL BANKING IN INDIA - December 25th, 2010

can some one help me with the retail banking trends in India
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