The Self-Help Group (SHG)–Bank Linkage Programme (SBLP) is one of India’s most significant financial inclusion initiatives, designed to provide formal banking services to rural and low-income populations through...
Microcredit refers to the provision of small-scale loans to individuals or groups—typically those from low-income or financially excluded communities—who lack access to conventional banking services. It is a...
Priority Sector Lending (PSL) refers to an important policy framework in India through which banks are mandated by the Reserve Bank of India (RBI) to provide a certain...
Credit card complaints refer to grievances raised by consumers regarding the use, management, or administration of credit cards issued by banks and financial institutions. These complaints often stem...
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...
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...
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...
Retail loans refer to credit extended by banks and financial institutions to individuals for personal, housing, educational, vehicle, and consumer needs. This segment represents one of the fastest-growing...
Cross-selling refers to the marketing and sales strategy by which a business offers additional products or services to its existing customers, typically those that complement or enhance the...
Retail banking, also known as consumer banking or personal banking, refers to the provision of financial services by banks to individual customers rather than corporations, institutions, or governments....
