Retail Banking in India: An Overview |
Author(s): |
| S. Lyrics Miruna , Assistant Professor, St. Mary,s College (Autonomous), Tuticorin |
Keywords: |
| Retail, Banking, Lending |
Abstract |
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Banks are a conspicuous and imperative piece of the monetary framework in India. They are one of the greatest supporters of the development of the economy and advancement of the nation. Retail banking is a standout amongst the most natural segments of the business banking framework and is of most extreme significance to the overall population. It is a rising pattern that is viewed as a magnificent advancement in the financial part. Developing economies like India have profited breathtakingly because of this rising pattern of retail loaning. The consistently developing innovation is one of the primary purposes behind the development of this area. Retail banking happens at nearby offices of business banks. It must be noticed that it could essentially be a division of a bank that handles peoples general needs of setting aside and spending cash. This paper intends to give an outline of retail banking in India. |
Other Details |
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Paper ID: IJSRDV7I50345 Published in: Volume : 7, Issue : 5 Publication Date: 01/08/2019 Page(s): 551-553 |
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