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Indian Stock Market Resilience throughRisk Management
Indonext A Big Step for Small Companies
How Loans Help You Save Taxes
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Indian Stock Market Resilience throughRisk Management

-- G Kumaraswamy Naidu Ali Mohammad Anwer

The month of May was tumultuous for the Indian stock market. Despite such a big crash, the risk management techniques that are in place averted a major crisis.

Article Price : Rs.50

Indian Equities What Now?

-- Pallavi Rao

After an enchanting bull run in equity markets around the world last year, the bears are gaining ground fast and furious.

Leveraging Skills

-- Hina Shah

The futures and options market has grown rapidly, albeit with a preponderance of speculative trading.

Sugar Recovering After the Caning

-- Aarati Krishnan

The stock market appears to have factored in the turnaround of sugar companies much before it was actually captured in their financials.

Indonext A Big Step for Small Companies

-- T R Venkatesh Reshma Abraham

The small and medium cap segments in India hold immense potential for lucrative returns. Despite this, small and medium cap stocks suffer from poor liquidity, low investor patronage and inadequate exposure. In this context, the proposal for IndoNext, a separate trading platform for these scrips, holds immense potential.

Article Price : Rs.50

How Loans Help You Save Taxes

-- Raghu Iyer

When taking a loan, you should always consider the post-tax cost of the loan. There are many deductions allowed for interest payments and repayment of principal.

Article Price : Rs.50
Global Executive Summaries
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Automated Teller Machines (ATMs): The Changing Face of Banking in India

Bank Management
Information and communication technology has changed the way in which banks provide services to its customers. These days the customers are able to perform their routine banking transactions without even entering the bank premises. ATM is one such development in recent years, which provides remote banking services all over the world, including India. This paper analyzes the development of this self-service banking in India based on the secondary data.

The Information and Communication Technology (ICT) is playing a very important role in the progress and advancement in almost all walks of life. The deregulated environment has provided an opportunity to restructure the means and methods of delivery of services in many areas, including the banking sector. The ICT has been a focused issue in the past two decades in Indian banking. In fact, ICTs are enabling the banks to change the way in which they are functioning. Improved customer service has become very important for the very survival and growth of banking sector in the reforms era. The technological advancements, deregulations, and intense competition due to the entry of private sector and foreign banks have altered the face of banking from one of mere intermediation to one of provider of quick, efficient and customer-friendly services. With the introduction and adoption of ICT in the banking sector, the customers are fast moving away from the traditional branch banking system to the convenient and comfort of virtual banking. The most important virtual banking services are phone banking, mobile banking, Internet banking and ATM banking. These electronic channels have enhanced the delivery of banking services accurately and efficiently to the customers. The ATMs are an important part of a bank’s alternative channel to reach the customers, to showcase products and services and to create brand awareness. This is reflected in the increase in the number of ATMs all over the world. ATM is one of the most widely used remote banking services all over the world, including India. This paper analyzes the growth of ATMs of different bank groups in India.
International Scenario

If ATMs are largely available over geographically dispersed areas, the benefit from using an ATM will increase as customers will be able to access their bank accounts from any geographic location. This would imply that the value of an ATM network increases with the number of available ATM locations, and the value of a bank network to a customer will be determined in part by the final network size of the banking system. The statistical information on the growth of branches and ATM network in select countries.

Indian Scenario

The financial services industry in India has witnessed a phenomenal growth, diversification and specialization since the initiation of financial sector reforms in 1991. Greater customer orientation is the only way to retain customer loyalty and withstand competition in the liberalized world. In a market-driven strategy of development, customer preference is of paramount importance in any economy. Gone are the days when customers used to come to the doorsteps of banks. Now the banks are required to chase the customers; only those banks which are customercentric and extremely focused on the needs of their clients can succeed in their business today.

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