Banking Domain
Banking - Industry Knowledge & Dynamics
Looking for knowledge and key business information on the banking industry?
TechnoFunc brings to you banking industry overview, business model, value chain, competitive landscape, and latest trends. Industry knowledge for IT & consulting professionals, consulting firms, industry investors, and all other interested folks in a condensed user-friendly format. Quickly enhance your business acumen in the banking domain and impress your stakeholders in your next meeting!
Banking Sector, Segments & It's Classifications
The banking industry players deal in a variety of products from savings accounts to loans and mortgages, offer various services from check cashing to underwriting, caters to different types of customers from individuals to large corporates, serve diverse geographies from rural villages to cross-border operations. Thus the banking industry is made up of several types of banks, with their own objectives, roles, and functions. In this article, we will explore the various sectors, segments, and classifications of banking based on parameters like products, customers, types, etc.
Type of Banks: Different Types of Banks in India & their Functions
This article explains the banking structure in India and how different banks are classified as per RBI Norms. The Indian banking industry has been divided into two parts, organized and unorganized sectors. The organized sector consists of Reserve Bank of India, Commercial Banks and Co-operative Banks, and Specialized Financial Institutions (IDBI, ICICI, IFC, etc.). The unorganized sector, which is not homogeneous, is largely made up of money lenders and indigenous bankers. Learn what we mean by nationalized banks, scheduled banks, public sector banks, private banks, and foreign banks.
Types of Banks: Different Banks & their Classifications (Global)
The banking industry caters to various sections of society thus the focus of banking becomes varied, catering to the diverse needs of clients through different products, services, and methods. To meet this, we need distinctive kinds of banks addressing complex business & social needs. In this article, we will explain various types of banking institutions ranging from retail banks, commercial banks, co-operative banks, investment banks, central banks to various other types of specialized banks.
Banking Operations: Understanding Various Transactions & Activities
Banks perform a variety of operations ranging from basic or primary functions like day to day transactions at a branch to others that maybe the agency or general utility services in nature. The transactions that are incidental to revenue/sales or sustaining the business are an important element of the banking industry value chain. In this article, we will look at the key operations performed in the course of banking.
Banking Operations: Understanding the Regulatory Framework
When a bank fails, the depositors suffer as much or more than the bank’s owners. Failure of one large bank can trigger losses across the boundaries of nations. This makes the banking industry an excellent candidate for government regulations. Bank’s lending policy directly impacts the economy, especially during economic downswing & upswings. Acting overly cautious, they restrict funds availability, and taking more risks can create the inflationary boom. Let us explore various banking regulations and how they safeguard our interests as consumers.
