Explore Zoom Types of Innovative Banking 1.

E-BANKING Enablespeopletocarryoutmostoftheirbankingtransactionusingasafewebsitewhichisoperatedbytheirrespe ctedbank Advantage F aster&moreconvenient transaction Nolongerrequiredtowaitinlongqueues Openingofaccountsimple&easy Applyforbankloan Costeffectiveforbankerside F undtransferbecomefaster&convenient Stocktrading,exchangingbonds&otherinvestment 2 . C ORE BANKING D epositing and lending of money Core banking solution Knowing customers needs 3. C ORPORATE BANKING F inancial services to large corporate & MNCs Services: Overdraft facility D

omestic and international payments F unding Channel financing Letters of guarantee Working capital facility for domestic & internationaltrade 4 . INVESTMENT BANKING Creating funds and wealth of clients F und creating in two ways : Corporate F inance M & As Professional sales person providing advice on stock trading 5. RURAL BANKING It provides & regulates credit services for the promotion &development of rural sector mainly agriculture, SSI, cottageand village industries, handicrafts and many more. Examples Of Regional Rural Banks are NABAR D , HARYANASTATE COPERATIVE APEX BANK LIMITE D , SYN D ICATE BANK , UNITE D BANK O F IN D IA KIOSK BANKING 6.

NRI BANKING This facility is designed for diverse banking requirementsof the vast nri population spread across the globe. NRE (Non Resident External Account) NRO (Non Resident Ordinary Account) F CNR ( F oreign Currency Non Resident Account) 7 .RETAIL BANKING It refers to banking in which banks execute transactiondirectly with individual , rather than corporate banks.It is also known as One stop shop. Services: Saving and checking accounts Mortgage Housing F inance Auto F inance Consumer D urable Loans Personal Loans Educational Loans Credit Cards TYPES OF PRODU C TS & SERVI C ES 1.TOTAL BRAN

CH AUTOMATION Speed up bank transactions and less error More customer friendly and flexible Towards paperless transactions 2 . ANY BRAN CH BANKING Itisafacilityforcustomerstooperatetheiraccountfromanyofthesamebanksnetworkbranch Facilities available: Cash withdrawal & Cash deposits Account statement F acility to issue multi-city cheques F und transfer Balance enquiry Purchase of demand drafts pay order Repayment of loan account Innovation in Indian banking sector This presentation is in very summarized form. It contain all types of innovation related to banking sector. Add To Collection 14.2K Reads 178 Readcasts 2 Embed Views Published by shalu_aimhigh TIP Press Ctrl-F to search anywhere in the document. Info and Rating Category: Uncategorized. Rating: (1 Rating)

Upload Date: 04/04/2010 Copyright: Attribution Non-commercial Tags: innovation in indian banking sector Free download as PDF File (.pdf), Powerpoint Presentation (.ppt), text file (.txt) or view presentation slides online. Flag document for inapproriate content Related 34 p. Ikes Dissertation 5TH MARCH 2011 Ike Appiah 860 Reads 29 p. FINAL PROJECT Ready TODAY Danish Basit 621 Reads 102 p. 7. E-Banking Engleski Marko Popovic 845 Reads Leave a Comment Submit Characters: 400 aniketjain88 Thank you very much shalu ur project meaans a lot to me. 08 / 23 / 2012 About About Scribd Blog Join our team! Contact Us Advertise with us Get started AdChoices Support Help FAQ Press Partners Publishers

Developers / API Legal Terms Privacy Copyright Copyright 2012 Scribd Inc. Language: English