Truth of Bank Deposits: Safe Bet, Rigged Game, or a Systemic Play?
Bank Deposits remain relatively safer option for a large section of uninformed depositors due to this regulatory safety net, however, the important question is – Are bank deposits designed to provide value to the depositor? or , Is it just part of a rigged game? Amit Balooni explores.
Why cross-selling Third Party Products can be costly for banks!
[dropcap]T[/dropcap]he rationale for cross sell focus in banks is not difficult to understand. It creates win-win for all stake holders- Banks get additional income, Employees get brownie points, better appraisals and Customers get access to a wider product suite at a convenient point of sale. The research around the world seems to support this. Cross-sell […]
Retail Banking: The DIRECT model for Sales Excellence
With short sales cycles, low product differentiation and high competition it is critical that the Retail Banking teams follow a well thought out plan to bring method to madness. Pritha Dubey shares the ‘DIRECT’ approach to achieve excellence in Retail Banking Sales
Payday Loans – Boon or Bane?
Payday Loans is still a nascent category in India. But digital Lenders are finding their feet and formalising the segment. Mrityunjay Shahi explains Payday lending fundamentals and its pros and cons.