Research Study On Vijaya Bank Essay

The bank is different from all other banks and is known as one of the best company to work with because of its youth-oriented policy. It is a market-savvy private sector bank with a youthful image: the average age of its 37,901 employees

The SBI Kohinoor Banjara branch received many account opening requests within a few days of its opening. In addition, it also broke even in

It is true that banks have done very well by improving banking products and making them accessible to all especially to seniors. This has become very popular and a

The bank provides a variety of services such as personal loans, car loans, home loans and savings account facilities. These services are provided at affordable interest rates and comfortable tenures. These services have been explained below.

A variety of new trends and innovations have expand in banking industry. Some are positive and negative, but some show a mix of plus and minus. Government has been really concern and increasingly keeping eyes on these case, especially after 2008 financial crisis.

Research Methodology: The research is exploratory in nature and the study uses the latest available published secondary data for the years 2008-2013 compiled from Report on Trends and Progress of Banking in India RBI. For the purpose of analysis of data appropriate trend and percentage analysis is used.

This is the second Global Financial Development Report published by the World Bank. It seeks to contribute to enhancing the knowledge of financial inclusion around the world. In the recent times, financial inclusion has become an important aspect for economic and social development of an economy and has become a significant topic of discussion for the policy makers, market practitioners etc. Financial inclusion has been given a lot importance in our country and this can be proven by the recently launched ‘Pradhan Mantri Jan Dhan Yojana’ which aims to provide a bank account for every household. This report provides us with new data and research filling certain gaps in the knowledge of financial inclusion.

The banks under study presented a positive growth, with 24.27% annual growth rate by HDFC, SBI with annual

Value Added Services have been a key differentiating factor for the banks. Banks have introduced services such as Mobile banking, Internet banking, bill paying facility etc in an attempt to lure customers

Even after 68 years of independence, still large section of population remains unbanked which mainly include poor people who don’t have regular income or people who are laborers and also large number of farmers are excluded from financial services. This malaise has led generation of financial instability in our country and lower income group faces many problems in terms of financial services because access to financial products and services is very costly for them they can’t effort such charges that’s why they are unbanked today. However, in the recent years the government and Reserve Bank of India has been pushing the concept and idea of financial inclusion.

In a year’s time, the number of banks in India will rise by more than 45%. Until 2014 there were 25 public sector banks (PSBs) and 20 private banks, i.e. a total of 45 banks. With the Reserve Bank of India (RBI) having granted licenses to 2 private banks, 11 payment banks and 8 small finance banks, the number will rise to 66 in about 18 months when these banks get functioning. Contrast this with the period from 1990 to 2014 when only 9 banks were given licenses, but in 2014-15 alone, 21 licenses have been granted; it spells a serious change in market dynamics.

In an excellent bank all the service materials like pamphlets etc will be placed at an appealing place.

A bank is a financial institution that provides banking and other financial services. By the term bank is generally understood an institution that holds a Banking Licenses. Banking licenses are granted by financial supervision authorities and provide rights to conduct the most fundamental banking services such as accepting deposits and making loans. There are also financial institutions that provide certain banking services without meeting the legal definition of a bank, a so-called Non-bank. Banks are a subset of the financial services industry.

PT. Bank Rakyat Indonesia (BRI) is the most profitable bank and the largest banks in Indonesia that specializes in Micro, Small and Medium Enterprises (MSME). The official website of BRI [1] reported, as of December 2014, BRI serves its customers through more than 10,000 outlets (divisions, main branch, sub branch, micro units), 150,000 electronic outlets (ATMs, CDMs, EDCs) and 120,000 professional employees that spreads all over Indonesia. Most of its customers; the recent data showed that BRIs customers reach approximately 55.7 million; are lower-middle income people such as land workers, fishermen, factory workers, small businesses and government employees. As one of the state-owned banks and a bank that has the widest network in Indonesia, BRI is always chosen by the government as an agency to distribute social aid funds and enacting social programs of the government in economic empowerment. To provide the best service for citizen that spread all over Indonesia, no doubt, that technologyinfrastructure and systems plays a very important role. With powerful and good technology provided by BRI, it ensures that all goals, as a business company and a government agent, will be achieved.

During this short span of time the Bank has succeeded in positioning itself as a progressive and dynamic financial institution in the country. The bank has been widely acclaimed by the business community, from small entrepreneurs to large traders and industrial conglomerates, including the top-rated corporate borrowers, for its forward - looking business outlook and innovative financial solutions. Thus within this very short period of time it has been able to create an image and earn significant reputation in the country's banking sector as a Bank with Vision. Presently, it has 46 branches.