Indian Banks

Essay specific features

 

Issue:

Business

 

Written by:

Jimmie A

 

Date added:

October 18, 2013

 

Level:

University

 

Grade:

A

 

No of pages / words:

3 / 765

 

Was viewed:

9202 times

 

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Essay content:

According to a report by McKinsey and NASSCOM, India has the potential to process 30 per cent of the banking transactions in the US by the year 2010. Outsourcing by the BFSI to India is expected to grow at an annual rate of 30?? 35 per cent. According to a study by Dun & Bradstreet (an international research body)—"India's Top Banks 2008"—there has been a significant growth in the banking infrastructure...
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Taking into account all banks in India, there are overall 56,640 branches or offices, 893,356 employees and 27,088 ATMs. Public sector banks made up a large chunk of the infrastructure, with 87.7 per cent of all offices, 82 per cent of staff and 60.3 per cent of all ATMs. According to the RBI, Indian financial markets have generally remained orderly during 2008-09...
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