The business of banking is changing rapidly. Products and services rendered and built on disruptive technologies are increasingly being placed in the hands of end customers, and the behaviours of banks are changing in terms of customer convenience, transparency, pricing and customer service. Every part of the banking value chain — from what consumers can avail and expect in terms of banking services — can now be accessed by a non-banking service provider through its technological prowess and agile and lean business models. These non-banking service providers are called neobanks and they are challenging the present status of traditional banks, by offering lower cost models and hyper-distinctive customer-centric service and experiences. Convenience of opening and operating accounts, seamless payments, transfer and remittance solutions and alternative methods for assessing creditworthiness are some of the features that are attractive to micro and small companies and underbanked or unbanked customers such as freelancers and gig economy employees.
How dire is India's bad debts problem and what you need to know about it
Case Study Of Hdfc Bank Ltd Marketing Essay
The critical financial situation of India by making bank fraud and every year country loss. Finance and economics is the boon of any country. In this year, most of the banks had faced the NPA frauds. Here is the top 5 banking frauds in India case study that loan drop-down the hands and CEO of company forced to leave after bank fraud. The big businessman is taking loan from banks and then after they are not known and then walk away from the country.
Nationalisation of Banks in India: What, Why, How, Pros & Cons
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A bank in a private or public institution, which functions in the sphere of finance and offers various loaning and depositing services to people. Banking system appeared in the development of the human civilization with the development of the monetary system. Banks carry out various operations with money with the intention to have high profit.