Indian Banking Industry: Challenges and Opportunities

Authors

  • Prof. Shweta Roy Research Scholar, Dept. of Finance, ITM Business School, Navi Mumbai
  • Prof. Kavita Mahar Assistant Professor, Department of Commerce, Dr. NSAM First Grade College-Bangalore
  • S. Chandra Sekhar Assistant Professor of Finance, Department of Management, School of Commerce and Management, Mohan Babu University, Tirupati, Andhra Pradesh
  • Mr. Mahabub Basha S Assistant Professor, Department of Commerce and Management, International Institute of Business Studies, Bangalore

DOI:

https://doi.org/10.53983/ijmds.v12n10.002

Keywords:

Technology, Banking Industry, Opportunities, Challenges

Abstract

Traditional banking practices from the British era, through the reforms era, nationalization, privatization, and the rise of an ever-increasing number of international banks in India, all comprise a vast canvas that makes up India's banking industry's history. Thus, the development of banking in India has been a protracted process. Keeping pace with the trends, India's banking sector has also reached new heights. Banks' methods of operation have undergone a dramatic transformation as a result of technological advancements. The danger of a lack of work-life balance is particularly evident in the banking sector. When it comes to satisfying their clients' varying requirements, bank employees exert tremendous effort. Tightening deadlines and increased workloads mean that workers must prioritise the quality of their product. It's challenging to strike a balance between work and personal life in today's fast-paced, always-on society. Human resource quality directly impacts the success of the banking industry.

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Author Biographies

Prof. Shweta Roy, Research Scholar, Dept. of Finance, ITM Business School, Navi Mumbai

Shweta Roy Bachelors in Commerce,Masters of Finance and Control from Lucknow  University, Fellow in Finance  from ITM Business School with industry exposure  of MNC banks and Asset Management Companies. A free-lance trainer for mutual  funds and various investment awareness programs.  Faculty of Finance at ITM Business School, Navi Mumbai.  Author of various research papers and  coauthor of a book. Team member for NNAC and  NBA.

Prof. Kavita Mahar, Assistant Professor, Department of Commerce, Dr. NSAM First Grade College-Bangalore

Ms. Kavita Mahar is a highly accomplished professional who earned a Bachelor of Commerce (B.Com), a Master of Finance and Accounting (MFA), and a Bachelor of Education (B.Ed) from Bengaluru North University in Kolar. She has two years of professional experience with well-known organisations such as Thomson Reuters and TCS. Ms. Mahar has made significant contributions to organisations such as the Koshys Institute of Management Studies, where she served as Head of the B.Com Department and IQAC Coordinator. She works at Dr. NSAM First Grade College in Bangalore, Karnataka. Ms. Mahar is a life member of the Indian Commerce Association.

S. Chandra Sekhar, Assistant Professor of Finance, Department of Management, School of Commerce and Management, Mohan Babu University, Tirupati, Andhra Pradesh

Mr. S. Chandra Sekhar, MBA; M.com (Ph.D) has 14 years of teaching and research experience and pursuing Ph.D in Behavioural Finance. His Areas of interest include: Financial Management, Financial Derivatives, Management Accounting and Investment Management and Management Information System. He has published 31 Research Papers in National and International Journals and participated in more than 30 national and international Workshops/Conferences/FDPs etc.

Mr. Mahabub Basha S, Assistant Professor, Department of Commerce and Management, International Institute of Business Studies, Bangalore

Mr. Mahabub Basha S is presently working as Assistant Professor, Department of Commerce and Management in International Institute of Business Studies, Bangalore. He holds Master’s degree in Management from JNTU Hyderabad and M.Phill from SCSVMV University, Kanchipuram. He has more than 8 years of teaching and 6 years of Industry experience, under-graduate and post-graduate students in Commerce and Management departments. He has published research articles in National and International Journals apart from presenting research papers at conferences. Three books published in his Credit.

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Published

31-10-2023

How to Cite

Roy, S., K. Mahar, S. Chandra Sekhar, and B. S. Mahabub. “Indian Banking Industry: Challenges and Opportunities”. International Journal of Management and Development Studies, vol. 12, no. 10, Oct. 2023, pp. 08-15, doi:10.53983/ijmds.v12n10.002.

Issue

Vol. 12 No. 10 (2023): IJMDS

Section

Articles