Page-10 of GKToday Archives: April, 2011

Size of Credit Card Business in India

The following table shows the picture of the Credit card Business in India. The above table shows that: In the recent years, the amount spent on cards as increased steadily. The number of credit cards increased from 2005-06 to 2008-09, ..

Credit Card Business

Credit card allows its holder to buy goods and services based on the holder’s promise to pay for these goods and services. Its usage started in 1920s in US for selling the fuel to the automobile owners and became usable ..

Retail Loan Portfolio: (Scheduled Commercial Banks)

The share of the retail loans in total loans and advances of the Scheduled Commercial Banks was 21.3% in 2008-09. This has marginally come down to 19.0% by end of March 2010. With more than 50% share in the retail ..

Recent Trends in Retail Loans

As per the “Trends and Progress of Banking in India 2009-10” recently released by the Reserve Bank of India, Retail credit growth including personal loan portfolio of banks had shown a spurt between 2004-05 and 2005-06 but showed deceleration in ..

Cross Selling

Cross selling is when an existing customer is offered and sold ancillary / additional services or products. One example is selling a credit card to a customer with saving account. Banks give utmost importance to cross selling because it is ..

Retail Banking

The main characteristic of retail banking , very much similar to retail trade, is that banks directly execute transactions with consumers rather than other banks or corporations. The retail banking is characterized by multiple products, multiple delivery channels and multiple ..