Retail banking in India

When a Dinosaur fin every(prenominal)y decides to get moving, it c all overs the acres at a very high speed. This is similar to what is hap to the course of banking sedulousness in India. For decades, the banks in India guide cogitate on earning voluminous money from corporate clients. However, things have radically changed. Banks be inundated with excess liquidity; interest order and inflation be moving southwards. Corporates do not imbibe from banks in a big way due to a variety of reasons desire economic s down in the mouthdown, infrastructural constraints etc. Under this scenario banks ar forced to weigh into the retail segment for lending and wherefore the spotlight has instantaneously shifted to the retail sector. Banks across the country are tripping over themselves to enter new segments- car adds, consumer loans, lodgment finance, educational loans, deferred payment cards etc. The big reward for banks came in the physical body of the Securitization Bill, which gave banks and institutions muscle to recover wondering(a) debts. Retail banking is the new mantra for all the banks. Retail banking scenario Retail banking includes a comprehensive range of financial products viz. bond products, residential mortgage loans, point of reference cards, auto finance, personal loan, consumer invariable loans, loan against equity shares, loan for Initial Public Offers (IPOs), account cards, billhook payment services, mutual funds, investment advisory services.

These products generate an probability for banks to diversify the asset portfolio with high profitability and comparatively low NPAs. The categorization of retail banking services is shown i n figure1. now the most proactive banks hav! e entered the retail banking segment and have determine it as a principal growth driver. They are behind gaining market share in the retail space. For several(prenominal) years banks viewed consumer loans with skepticism. technical loans dominated the banks portfolio as they generated high remuneration yields with low credit risk. Consumer... If you want to get a plenteous essay, order it on our website: OrderEssay.net

If you want to get a full information about our service, visit our page: write my essay