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final demat project

final demat project

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Published by Prakash Kumar
final demat project
final demat project

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Categories:Types, School Work
Published by: Prakash Kumar on Jan 26, 2013
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09/12/2013

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Innovations in banking andinsuranceDematerialization service
Presented by:
 Jyothsna ail (01)
 Jinal joshi (16)
Pallavi venkatesh (32)
 
Assigned by:
Mrs. Arthi kalyanaraman.
 
Vision of Banks in India
 The banking scenario in India has already gained all themomentum, with the domestic and international banksgathering pace. The focus of all banks in India has shiftedtheir approach to 'cost', determined by revenue minusprofit. This means that all the resources should be usedefficiently to better the productivity and ensure a win-winsituation. To survive in the long run, it is essential tofocus on cost saving. Previously, banks focused on the'revenue' model which is equal to cost plus profit. Postthe banking reforms, banks shifted their approach to the'profit' model, which meant that banks aimed at higherprofit maximization.
Focus of banks in India
 The banking industry is slated for growth in future with amore qualitative rather than quantitative approach. Thetotal assets of all scheduled commercial banks by end-March 2010 is projected to touch Rs 40,90,000 crore. Thisis going to comprise around 65% of GDP at currentmarket prices as compared to 67% in 2002-03. Thebank's assets are estimated to grow at an annual
 
composite rate of growth of 13.4% during the rest of thedecade as against 16.7% between 1994-95 and 2002-03.Barring the asset side, on the liability perspective, therewill be huge additions to the capital base and reserves.People will rely more on borrowed funds, pace of depositgrowth slowing down side by side. However, advancesand investments would not see a healthy growth rate.
Future challenges of Banks inIndia
 The Indian banks are hopeful of becoming a global brandas they are the major source of financial sector revenueand profit growth. The financial services penetration inIndia continues to be healthy, thus the banking industry isalso not far behind. As a result of this, the profit for theIndian banking industry will surely surge ahead. The profitpool of the Indian banking industry is probable toaugment from US$ 4.8 billion in 2005 to US$ 20 billion in2010 and further to US$ 40 billion by 2015. This growthand expansion pace would be driven by the chunk of middle class population. The increase in the number of 

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