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How do you see bank operations in the future?

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Question added by Abdullah Mahhaden, CFA, CPA , Assurance Manager , Grant Thornton
Date Posted: 2013/06/15
Subhranshu Ganguly
by Subhranshu Ganguly , Quality Analyst. , WIPRO

In the future service would be the key word. Banks would not cut their margin by increasing the interest rates but would rather provide enhanced service.  The comptition would be in the custoemer service sector. The bank that would hold on to the largest customer base would survive.

Zahid Javed
by Zahid Javed , Branch Manager , MCB BANK LTD

Banking is a white collar job, most of the learning is there in banking sector i.e to estabblish relationship with new clients means development of personal relations for the sake of bank in which you are working.

Mohamed Shazwan Mahboob
by Mohamed Shazwan Mahboob , ACCOUNTANT , Bateel International LLC

Banking operations would become more convenient as the competition grows.
All banks would want to become the first in choice for its customer so it would try to innovate newer technologies and newer ways for bank operations.
This would also change the nature of work within the bank, where employee will have to face a very dynamic environment with lots of changes taking place within a shorter period of time.
Hence, in the future the bank operations will change for the better.
However, due to too many changes within a shorter period of time, the banks may face threat of losing customer information as the security levels would need some time to address these threats and develop a screen of protection.
It would be difficult to keep up with the developments.

Sadagat Mammadova
by Sadagat Mammadova , Cashier , AGBank

more developed,simple and profitable

Anith Kumar C K
by Anith Kumar C K , Relationship Officer , Kotak Mahindra Bank

More faster with quick service to customer..

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