An Analytical Study of Universal Banking in IndiaAuthor: Aggarwal, Richa & Garg, Shubhra
Abstract:
In the Indian banking scenario, Universal Banking is a new concept. It
can be said to be a provider for different financial products under a single
roof. Other sectors like Business houses, households, etc., can avail many
financial services like loans, insurance, stock market investments, etc.
while doing routine banking like withdrawal and deposit. In India, too,
many opportunities are available and exploited in the banking sector as a
universal bank. In this paper, an attempt has been made to study the
prospects and impact of Universal Banking in the Indian market. The
banking sector in India diligently follows the worldwide trend in global
financial developments. It is believed that the concept of global super
financial markets could play an essential role in the future by the opening
of the Indian Banking sector to foreign players.
Keywords:Financial Institution, Supermarkets, Universal Banking,
Development Financial Institutions(DFIs).
DOI:
International Journal of Trade & Commerce (Vol: 10 Issue:2)
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