The document provides information about State Bank of India (SBI), the largest bank in India. It discusses SBI's history, products, services, competitors, SWOT analysis, segmentation, targeting, and positioning. Specifically, it notes that SBI was nationalized in 1955 and currently has over 60,000 branches, making it the largest bank in India in terms of assets, branches, deposits, and profits. It provides details on SBI's various banking products and services, as well as an analysis of its strengths, weaknesses, opportunities, and threats. The document also describes how SBI segments and targets different customer groups based on geography, age, income, and occupation.
Based on Islamic Finance principles, Conventional Credit Cards are considered as Unpermissible as it doesn’t comply with the Shariah requirement and Interest element is involved. Hence, Islamic Credit Cards were introduced and can be considered as one of the innovative financing products offered by Islamic Financial Institution to meet the demand for interest free credit cards. The slides will provide functions, features and contracts used in Islamic Credit Card.
Credit card with Moral Consciousness whereby it
allows cardholders to redeem their rewards
points to donate to charity, thus making
it easier to turn unused points into cash
donation. The Card with Charity is based on simple modus operandi ‘Spending and Sharing’ will not only satisfy the payment needs but also the need of conscious customers to perform charity.
Based on Islamic Finance principles, Conventional Credit Cards are considered as Unpermissible as it doesn’t comply with the Shariah requirement and Interest element is involved. Hence, Islamic Credit Cards were introduced and can be considered as one of the innovative financing products offered by Islamic Financial Institution to meet the demand for interest free credit cards. The slides will provide functions, features and contracts used in Islamic Credit Card.
Credit card with Moral Consciousness whereby it
allows cardholders to redeem their rewards
points to donate to charity, thus making
it easier to turn unused points into cash
donation. The Card with Charity is based on simple modus operandi ‘Spending and Sharing’ will not only satisfy the payment needs but also the need of conscious customers to perform charity.
This is a overview of the business of banking, including retail, business and investment banking. We have also included introductions to other financial services like credit cards, credit rating agencies, mutual funds and the business processes used to process loan transactions, credit card payments, and a range of other banking services and products. Useful for anyone who would like an overview of the banking industry. Downloads will be allowed for 30 days. After that you can contact me if you would like the file.
Rural Islamic Credit Card is conceptualized to extend financing to farmers in a convenient and cheap manner but in compliance with the Shariah. This is to help farmers in overcoming the financial difficulties to meet their working capital needs. The objective is to leverage on Islamic Banking Principles to provide financing in convenient and interest free manner to establish a just and balanced social order free from exploitation. A salient feature of this proposed product is to provide Shariah compliant financing to farmers to purchase high quality crop inputs with the amount being repaid through the sale of the crop on harvest. But it must be noted here that this proposed product has not obtained approval from the authorities. Readers are invited to give their views on this product.
ICICI Bank Personal Loan can be made use for any kind of work that may include the renovation of your house, planning your holidays, purchasing a consumer durable, for education purposes, for a wedding in family. Personal loans can be availed at a fixed rate of Interest, which is charged on monthly reducing basis.
ICICI home loans are some of the popular choices that have elevated the brand value of the bank significantly. ICICI Home loan has become one of the popular home loan products in India on account of quick processing, transparent deals and resonant options to suit all.ICICI Bank home loan products have been designed in accordance with all the statutory and executive guidelines that emerge from the RBI and the Ministry of Finance/GOI.ICICI home loan interest rate which currently stands at 10.15% p.a., has its own competitive advantage over others on account of the value added services
This is a overview of the business of banking, including retail, business and investment banking. We have also included introductions to other financial services like credit cards, credit rating agencies, mutual funds and the business processes used to process loan transactions, credit card payments, and a range of other banking services and products. Useful for anyone who would like an overview of the banking industry. Downloads will be allowed for 30 days. After that you can contact me if you would like the file.
Rural Islamic Credit Card is conceptualized to extend financing to farmers in a convenient and cheap manner but in compliance with the Shariah. This is to help farmers in overcoming the financial difficulties to meet their working capital needs. The objective is to leverage on Islamic Banking Principles to provide financing in convenient and interest free manner to establish a just and balanced social order free from exploitation. A salient feature of this proposed product is to provide Shariah compliant financing to farmers to purchase high quality crop inputs with the amount being repaid through the sale of the crop on harvest. But it must be noted here that this proposed product has not obtained approval from the authorities. Readers are invited to give their views on this product.
ICICI Bank Personal Loan can be made use for any kind of work that may include the renovation of your house, planning your holidays, purchasing a consumer durable, for education purposes, for a wedding in family. Personal loans can be availed at a fixed rate of Interest, which is charged on monthly reducing basis.
ICICI home loans are some of the popular choices that have elevated the brand value of the bank significantly. ICICI Home loan has become one of the popular home loan products in India on account of quick processing, transparent deals and resonant options to suit all.ICICI Bank home loan products have been designed in accordance with all the statutory and executive guidelines that emerge from the RBI and the Ministry of Finance/GOI.ICICI home loan interest rate which currently stands at 10.15% p.a., has its own competitive advantage over others on account of the value added services
The study, in 2003, involves the estimation of the total size of the credit market. This involves the analysis of secondary data from many different sources for an appreciation of the different types of credit, given by different firms and for different purposes.
Sponsored by Max New York Life
The study involves the estimation of the total size of the credit market. This involves the analysis of secondary data from many different sources for an appreciation of the different types of credit, given by different firms and for different purposes. It also involves a survey of about 500 potential borrowers to understand their motivation for purchasing credit-life insurance. Finally an analysis of the finance company professionals by way of a qualitative survey to gauge their interest in marketing this product currently unavailable in India is to be carried out.
This study
• Focuses on Credit to individuals
– Personal loans for consumption purposes
– Proprietorships, partnerships etc., for commercial purposes
• Provided by organized sector both for personal and commercial purposes
• It includes any formal loans whose repayment is affected by the health/life conditions of the key borrowing individual
• Kinds of loans included in the study
– Personal loans for durables, housing, others such as education
– Professionals, self-employed, owners of small and tiny industries, agriculturists, etc.
Key Objectives of the study
– To identify insights into market characteristics that enables Max New York Life (MNYL) to satisfy credit-life insurance requirements
– Size of the accessible credit insurance industry
– Characteristics of various segments of the credit industry
– What industry professionals believe
– What are the consumers ‘openness’ levels towards credit-life insurance
The Market Size
– The credit-market size considered includes:
– Providers of personal credit
– Providers of credit for commercial purposes
– The ‘accessible’ market includes lenders that are not currently allied to major insurance firm
Attaching a Concept Note on a Payments-related Entrepreneurial Idea I had 4 years ago when I was in India. Although a lot has since changed, some trends forecast in the concept note have actually become reality - especially the emergence of Co-operative Banks as a crucial channel for reaching underbanked & unbanked population in the rural areas. Thus, the material may still be somewhat pertinent today. Opening it up for any entrepreneur or Entity interested in the Payments area, especially in India- with possible applications in other Emerging economies as well. Enjoy and feel free to re-use
The presentation provides overview of the Banking sector targetting to a fresh batch of MBA (Finance) students. It gives an understanding of
- foreign banks, their presence and how they are constituted in India
- Types of LOBs
- a typical LOB structure
- Banking sector in India
- Entry Level roles in India, and career selection
- Top 10 things to expect on day 1 and five things not to expect on day 1
2. State Bank of India
Largest nationalized commercial bank in India
In terms of assets
number of branches
Deposits
profits
workforce
Headquarters in Mumbai, India.
3. HISTORY OF SBI
Bank nationalized in 1955.
By early 1990s accounted for 90% of
country’s banking business.
By 1992 had over 60,000 branch
offices.
It was founded in 1 July 1955.
It has 14 head offices across India.
It has 150 overseas branches.
Old name is Imperial Bank Of India.
4. Established In 1806 at Calcutta as
Bank Of Calcutta.
Over 8,500 ATM’s
Listed in B.S.E & N.S.E.
Later Renamed as ‘Bank Of Bengal’
Later Bank Of Madras, Bank Of
Bombay & Bank Of Bengal were merged
to form ‘Imperial Bank Of India’ (1921).
10. OPPORTUNITIES THREATS
• Financial Inclusion • Advent of MNC banks
• Rural India • Changing interest rates
• Merger of associate and the changing
banks with SBI policies of RBI
• Global expansion • Competition in the retail
• Micro Finance segment
• Branch Expansion • Private banks in the rural
and semi-urban sector
• Strong economic growth
• Change in government
• Corporate demand for
policies
credit
14. Age Group
Stage Financial Banking Needs
Situation
10-26 Few financial Low cost
burden, recreation checking, auto
oriented loan, credit card
27-40 Home purchasing Mortgage, credit
peak, liquid assets card, revolving
low credit line, bill
consolidation loan
41-59 Good financial Home
position improvement
loan, investment
services
60 & above Significantly Monthly income
reduced income checks on CDs
15. Income
Low- Fixed Deposits, Personal Loans, Agriculture
Loans
Middle- Mutual Funds, Home Loan, Consumer
Durable Loans, Education Loans,
High- Offers car loan, Credit card Services, Home
improvement loans, Insurance.
16. Occupation
Unskilled Workers- Insurance Policies, Saving account,
Investment Schemes.
Skilled workers- Loan for home, education, Consumer durables,
Car Loans,
Shop Owners- Cash Credits, Insurance, Loan against bonds.
Businessmen- Medium Term Loans, Loan against property , loan
against gold.
18. Meaning of Targeting
A target market is a group of customers that the business
has decided to aim its marketing efforts and ultimately its
merchandise .
Process of Targeting
Defining the abilities of the company and resources needed
to enter a market.
Analyzing competitors on their resources and skills.
Considering the company’s abilities compared to the
competitor’s abilities.
Deciding on the actual target markets.
19. Target
Markets
Two Types:
Current users
Proposed users
Rural population
Markets of tier II and tier
III cities with MFs
Working Class(High Net
Individuals)
Increasing Middle Class
20. SBI communication Objectives can be:
Increasing AWARENESS and KNOWLEDGE about the new
and existing products.
To grab ATTENTION of consumers.
To Enhance purchase actions.
REINFORCEMENT
Increase in Market Share
and sales.
22. Meaning of Positioning
An important step before developing the
marketing mix is deciding on how to create
an identity or image of the product in the
mind of the customer.
Process of Positioning
Identifies the differential advantages in each segment.
Decides on a different positioning concept for each of these
segments.