Wholesale Banking in India: A New-Fangled Mutation
Author:G.V. Chalam1* Ch. Kiran2
Abstract: Wholesale banking in India is set for an epoch of spiky growth. Revenues from wholesale banking activities are likely to be more than double over the next five years as infrastructure investment, expansion by Indian companies overseas, and further “Indianization” of multinational businesses amid other trends impel new businesses. The future growth of wholesale banking is indeed intriguing by considering the growth of Indian economy and globalisation of Indian corporate. The competition amongst banks will only intensify in future to reap the income arising from this potential. The main aim of this paper is to present the trends underlying the expected echelons of growth, and then tackle the key issues and priorities from the viewpoint of foreign institutions and their domestic counterparts.
Keywords:Key Words: Wholesale Banking, Retail Banking, Indianization, Small and Medium Enterprises (SMEs), Foreign Institutional Investors (FIIs).
DOI:
International Journal of Trade & Commerce (Vol: 2 Issue:2)