DUBLIN--(BUSINESS WIRE)--Research and Markets(http://www.researchandmarkets.com/research/afef7b/opportunities_in_t) has announced the addition of the "Opportunities in the Indian Banking Sector" report to their offering.
In the five decades since independence, the Indian banking system has evolved through four distinct phases. The major reform took place in the fourth phase, with the recommendations of Narasimham Committee (1991). The important initiatives that were introduced were the provisioning and capital adequacy, deregulation of interest rates and easing of norms to enter the banking sector. Further, the merger and acquisition in the sector will add a new growth dimension, as it would create 3-4 global sized banks. The presence of these banks will help the country to attract foreign direct investments, which in turn will drive the future growth in the Indian Banking sector.
The report titled 'Opportunities in the Indian Banking Sector' provides a crisp and comprehensive analysis of the current status and overall growth prospects of the Indian banking industry. The report provides an insight into the use of Information Technology in the sector and the impact of the Union Budget 2010-11 on the growth of the sector. The research presents a detailed PEST analysis of the industry which is substantiated with key findings.
The report aims to investigate the opportunities that have been created in the industry in the areas of pension fund, rural banking and e banking. Moreover, the research also explains the impact of the Basel 3 norms on the functioning of the Indian Banks. 'Opportunities in the Indian Banking Sector' is an outcome of comprehensive research and analysis of the Indian Banking sector. The team has also mapped the competitive landscape of the sector and tried to shed light on the operations/strategies of the key players. Thus, the information available in the report is expected to enable the target audience in understanding the contemporary industry scenario.
Key findings in the report include:
- The Indian banking industry has been able to sustain the global economic crisis much better than other developing countries due to its robust capital structure. The implementation of Basel 3 norms will make it more immune to crisis and will guard the banking industry against market risk, interest rate risk and operational risk. Moreover, the creation of capital buffer will provide a cushion for periods of stress and will not lead to situations of insolvency.
- In a major move, undertaken by RBI to elevate financial inclusion in the country, additional branch licenses will be granted to private sector banks and NBFCs. This will further assist to ease the entry norms in the industry and attract new players. Additionally, the setting up of new branches will help in extending banking products and services to remote areas of the country.
- A paradigm shift in the banking system has been witnessed with the use of information technology for implementation of total banking automation. Various software companies are launching software application packages for banks. For instance, Infosys has rolled out Finnacle which a core banking software, designed to offer solutions for e banking, CRM for requirements of retail, corporate and universal banking and core banking. Moreover, with the introduction of interbank mobile payment service by The National Payment Corporation of India, the retail customers can now avail 24*7 fund transfers.
Key Topics Covered:
- Research Methodology
- Key Industry Trends & Growth Drivers
- Indian Banking Sector: An Overview
- Growth in the Urban and Rural bank accounts
- Increase in the number of ATMs and expansion of banks
- A financial overview of the sector
- Growing Importance of IT Infrastructure in Banking Sector
- Basel 3 Norms: Implications on Indian Banking Sector
- Emerging Opportunities in Indian Banking Sector
- Rural Banking
- e Banking and Mobile Banking
- Pension fund
- Union Budget FY 2012: Impact on Banking Sector
- PEST Analysis
- Key Players Profiles
- Public
- State Bank of India
- Punjab National Bank
- Bank of Baroda
- Private
- HDFC Bank
- ICICI Bank
- Axis Bank
- Conclusion
For more information visit http://www.researchandmarkets.com/research/afef7b/opportunities_in_t.