discuss the problems of commercial bank in India and give suggestion to overcome them
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Answer:
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Explanation:
Problem # 1. Losses in Rural Branches.
Problem # 2. Large Over-Dues.
Problem # 3. Non-Performing Assets.
Problem # 4. Advance to Priority Sector.
Problem # 5. Competition from Non-Banking Financial Institution.
Problem # 6. Competition with Foreign Banks.
Problem # 7. Gap between Promise and Performance.
Problem # 8. Bureaucratisation.
Problem # 9. Political Pressures.
5 Ways to Overcome Today's Challenges in the Financial Industry:-
●Attract and retain clients. Banks and financial services firms have to stand out in the crowd by offering customers something extra.
●Know your customer.
●Promote confidence in the economy.
●Use technology that customers expect.
●Watch your reputation.
Answer:
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