| COVER
STORY Tarapore
Report - II : Reading between the Lines
- - Katuri Nageswara Rao Tarapore
Report-II urges for a strong macroeconomic policy, capacity building in domestic
banks and consolidation of banks. The dissent notes, however, oppose the proposed
ban on Participatory Notes, and any change in the present RBI policy with regard
to exchange rate management, besides any dollar deposit schemes for foreign residents.
©
2007 IUP . All Rights Reserved
PRODUCTS
Microfinance
: A Promoting Instrument for SHGs
- - R Subramanian A
considerable amount of work needs to be accomplished in terms of outreach to make
a serious dent on poverty and realize the long cherished goal of Vision-2020.
However, the logic and rationale of SHG-based microfinance have been established
firmly enough in the sense that micro credit has effectively graduated from an
"experiment" to a widely-accepted paradigm of rural and developmental financing
in India. ©
2007 IUP . All Rights Reserved
CUSTOMER
SERVICE Analytical
CRM in Banking Sector : Application of User Profiling Customer Services
- - B Sujatha
User profiling applications help banks to serve customers effectively and
efficiently. With the rapid growth in online banking, it is predicted that banks
will increasingly turn towards user profiling systems by the end of this decade.
User profiling also helps banks to identify customers with similar investment
patterns, cater to specific segments with new products and services and manage
customer value. It can also be used for user identification and shared-secret
authentication.
©
2007 IUP . All Rights Reserved
MARKETING
Marketing
in Indian Banks : A Myth or Reality?
- - Ravi Kumar Sharma
In today's competitive world where customer is king, banks have realized the
potential of marketing and are recruiting marketing professionals to cater to
their marketing needs. But the question arisesare the banks really prepared to
go for marketing or is it just a window dressing? This article provides some insights
into the question.
©
2007 IUP . All Rights Reserved
CASE
IN FOCUS Establishing
SHG - Bank Linkage : A Case of Anarde Foundation
- - Naresh Singh Anarde
Foundation, one of the leading SHPIs in India, started group linkage in North
Gujarat in 1997 with the support of Nabard; but it could not sustain the project
for long. This case is the reflection of the Project of SHG-Bank Linkage implemented
by the Foundation. ©
2007 IUP . All Rights Reserved
TECHNOLOGY
Security
Aspects of e-Banking Technology
- - S Murali and B Murali While
using banking technology, customers need to focus on security aspects. This article
deals with the security issues related to ATM transactions and net banking. The
new age bank customers not only demand speed, but also need quality and safety.
Most of them prefer to use technology rather than stand in the queues in banks.
Mobile phones, ATM, and Net banking are becoming the buzzwords of the day. Associated
with the comforts that this new technology brings at our fingertips, there are
also some flipsides. This article explores the "loose ends" and provides some
"surefire" tips to encounter the same. ©
2007 IUP . All Rights Reserved
TECHNOLOGY
Progress
in ATM Technology
- - B Manoharan This
article analyzes the role of Information Technology and ATMs in transforming the
Indian Banking Industry. The banking system occupies an important place in a nation's
economy. The role of commercial banks becomes more important in a planned or developing
economy like India. Banking industry is the lifeline of our economy. A banking
institution is indispensable in a modern society. ©
2007 IUP . All Rights Reserved
TECHNOLOGY
Mobile
Banking : Right Call for Financial Inclusion
- - T Paulraj Will
the banking sector fully realize mobile banking technology's potential of bringing
the unbanked masses into the formal banking stream?The present era is witnessing
the growth of an extremely mobile generation, thanks to handheld communication
devices like mobile phones or cellular phones. Today's youth, they say, cannot
live without a mobile phone. It is like a sixth finger for them.
©
2007 IUP . All Rights Reserved
TECHNOLOGY
Combating
Bank Frauds through Technology
- - Madan Lal Bhasin
With the huge expansions in banking transactions consequent to the transition
of banks to mass banking, and large-scale computerization, both have played a
major role in the perpetration of the frauds. Advances in computer hardware and
software underly most of the increase in cheque fraudsprimarily the development
of low-cost, high-quality color printers and scanners, along with desktop publishing
software, that makes it relatively easy to alter legitimate documents or create
counterfeit cheques virtually indistinguishable from the real thing.
©
2007 IUP . All Rights Reserved
SCENARIO
Indian
Banking : Challenges and Opportunities
- - SN Ghosal
Indian
banks are slowly but steadily shifting from traditional collateral-based banking
model to risk-sharing and risk-transferring models by adopting derivatives, securitization
and microfinancing. ©
2007 IUP . All Rights Reserved
SCENARIO
Time
Not Ripe for Full CAC
- - Rajendra Singh
Tarapore report-II recommends gradual transformation to full Capital Account
Convertibility (CAC). This article analyzes whether the Indian economy is strong
enough to adopt full CAC or not.
©
2007 IUP . All Rights Reserved | 
