Tag archives for Bank
Indian banking industry is going through a phase of technological revolution these days. The works that can be done smoothly and without hitch with help of a good information technology system are: development of sophisticated products, secure market infrastructure, quality and risk controlling of different transactions and reaching out geographically dispersed customer base with fewer amounts of time, money and ...more»
The most important regulatory issues concerning branchless banking and its regulation are as discussed below:
The risk of a high profile failure
The chance of tarnishing the big reputation of all branchless banking schemes is very probable if somehow a high profile scheme fails to deliver. This has the potential to cause a major setback for the sector.
Non-bank institutions leading schemes
Though a ...more»
Consumers mostly select their banks based on how convenient the location of bank's branches was to their homes or offices. With the advent of new technologies in the business of bank, such as Internet Banking and ATMs, now customers can freely chose any bank for their transactions. The pressures of competitive and dynamic markets have contributed to the growth of ...more»
