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Indian Banking: Value Creation for Competitive Advantage in the Global Environment

Author

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  • Nishi S. Jain
  • N. Sanman Jain

Abstract

Problem statement: How banking Sector will face the challenges posed by the global environment. The paper focuses on the competitive strategies of the banking sector and how the sector derives competitive advantage by adopting different strategies because the sector plays an important role in any economy. Approach: The study includes a descriptive research by collecting the information from different banks and analyzing it in order to describe the strategies followed by banks to face the global challenges. Results: The study helps in finding that the strategies followed by banks plays a very significant role and banking sector functioning becomes smooth and in turn it helps in the development of the country too. Conclusion: These strategies helps the banking sector to create the healthy financial system as global challenges provide the opportunities to banking sector to grow in both qualitative as well as quantitative.

Suggested Citation

  • Nishi S. Jain & N. Sanman Jain, 2011. "Indian Banking: Value Creation for Competitive Advantage in the Global Environment," American Journal of Economics and Business Administration, Science Publications, vol. 3(2), pages 282-286, April.
  • Handle: RePEc:abk:jajeba:ajebasp.2011.282.286
    DOI: 10.3844/ajebasp.2011.282.286
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    References listed on IDEAS

    as
    1. International Monetary Fund, 2005. "Competition in Indian Banking," IMF Working Papers 2005/141, International Monetary Fund.
    2. Vittaldas Leeladhar, 2006. "Recent banking developments in India," BIS Papers chapters, in: Bank for International Settlements (ed.), The banking system in emerging economies: how much progress has been made?, volume 28, pages 237-41, Bank for International Settlements.
    3. Bert Scholtens, 2009. "Corporate Social Responsibility in the International Banking Industry," Journal of Business Ethics, Springer, vol. 86(2), pages 159-175, May.
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