Page 4 - Banks In India

Not a single job will be lost due to merger of banks: Nirmala Sitharaman

Nirmala Sitharaman was replying to a question on the bank employees unions opposing the merger plan on the ground it would lead to loss of jobs.

Indian banks trail global peers on e-sale capabilities, finds BCG study

Indian banks trail their global peers in three areas: Absence of personalised marketing messages, lack of straight-through processing, and low quality of in-app sales support

Letter to BS: Separate packages for workmen and officers on the cards

The PSBs are perhaps the only setup in public sector undertakings where the staff and the officers join in wage negotiations and intermittent strikes together

Digital gobbles up the business, but banks may not stop adding branches

Acquiring new customers drives growth more than digging deeper into the wallets of existing ones, they say

Banks play 'mind games' to woo customers

Big data and 'games' are the tools of the trade