Banking in India has its origin as early as the Vedic period. During the mogul period, the indigenous bankers played a very important role in east India Company; it was the turn of the agency houses to carry on the banking business.
The presence of many regional players will see few banks emerging as global competitors. Hire Writer Executive Summary Industry profile: In the 1st half of 19th century the East India Company established 3 banks: But for now, it can be safely said; the bank is moving forward and taking on competition head on.
Moreover, the likely rise in interest rates will see bank margins under pressure.
A few years from now people will be asking whether it can remain efficient despite the high -growth blueprint. Treasury gains may wilt in the current scenario. These 3 banks also known as Presidency Banks were independent units and functioned as well.
The bank has tied with TCS to develop core banking solutions, which will help network the branches. Indian banking industry in general and SBI in particular has positioned itself to take advantage of such economic growth, India is likely to achieve.
The Indian banking sector is headed for consolidation. Manu, the great Hindu jurist who has devoted a section of his work to deposits and advances and laid down rules relating to rates of interest.
The bank has reach. For the moment, SBI is distancing itself from its old ways and charting new territories. Despite its sheer size, and the legacy of the public sector, the bank is surprisingly nimble. The organization study has enhanced my knowledge regarding many aspects of administration.
The others that followed were the Bank of Hindustan and the Bengal Bank failed in the meantime. My internship training at State Bank of India was indeed a learning experience. Bank profits in future may again be driven by core income. The bank has dominance.
The banking industry in India today comprises of 27 public sectors, 31 private banks and 29 foreign banks. With the support of the iinvestors and customers and the efficient endeavours of the staff, the bank is living upto the expectations of all concerned.
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SBI is providing quality services for its customers, and has been successful in keeping their customers happy.
With the support of the iinvestors and customers and the efficient endeavours of the staff, the bank is living upto the expectations of all concerned. mi-centre.com is a platform for academics to share research papers. Job Satisfaction @ SBI Project Report Mba Hr by babasab_patil in job satisfaction @ sbi project report mba hr.Download