The objective of the project was to study the choice criteria to decide upon a bank for savings account and accordingly prepare the competitive update, i.e. Standard chartered VS other private banks to facilitate sales. The nature of the project involved a comprehensive market survey in which the customers; i.e. the account holders of different banks were given a structured questionnaire. This type of a sampling method adopted was a convenient sampling method since the aspect, which had to be measured, was an intangible one. The sample size taken for the analysis of the project was 100. This was broken down into students, housewives, business class and regular employees chosen randomly. With the help of the questionnaire we were able to get the important factors which a customer prioritize while selecting a savings account. Banking in India has its origin as early as the Vedic period. It is believed that the transitions from money lending to banking must have occurred even before Manu, the great Hindu Jurist, ho has devoted a section of his work to deposits and advances and laid down rules relating to rates of interest. During the Mogul period, the indigenous bankers played a very important role in lending money and financing foreign trade and commerce. During the days of the East India Company, it was the turn of the agency houses to carry on the banking business. The General Bank of India was the first Joint Stock Bank to be established in the yea 1786. The others which followed were the Bank of Hindustan and the Bengal Bank. The Bank of Hindustan is reported to have continued till 1906 while the other two failed in the meantime. In the first half of the 19th century the East India Company established three banks; the Bank of Bengal in 1809, the Bank of Bombay in 1840 and the Bank of Madras in 1843. These three banks also known as Presidency Banks, were independent units and functioned well.
[...] So I have been assigned a project to find out the “Managing Customer Relationship & their Financial Aspects” Standard Chartered Bank. My project objective— >Find out customer's choice criteria for saving account Standard Chartered Bank. >To know the customer's choice criteria of various other Banks. Introduction Banking in India has its origin as early as the Vedic period. It is believed that the transitions from money lending to banking must have occurred even before Manu, the great Hindu Jurist, ho has devoted a section of his work to deposits and advances and laid down rules relating to rates of interest. [...]
[...] PHONE BANKING, NET BANKING CLAIM BOX, CUSTOMER CARE EXE Savings A/C and competition Standard Chartered's Saving A/C Standard Chartered introduces aXcessPlus - a revolutionary savings account that provides you with unparalleled access to your money. With the aXcessPlus account you can now access cash at over 2300 ATMs in India for FREE* and at over 7,50,000 ATMs worldwide through the Visa network. Besides, you can use your account to shop for goods and services at over35,000 outlets in India and at 12 million outlets worldwide, without ever having to carry cash! [...]
[...] Over the following decades both the Standard Bank and the Chartered Bank printed bank notes in a variety of countries including China, South Africa, Zimbabwe, Malaysia and even during the siege of Marketing in South Africa. Today Standard Chartered is still one of the three banks, which print Hong Kong's bank notes. Expansion in Africa and Asia The Standard Bank opened for business in Port Elizabeth, South Africa, in 1863. It pursued a policy of expansion and soon amalgamated with several other banks including the Commercial Bank of Port Elizabeth, the Coles berg Bank, the British Kaffarian Bank and the Fauresmith Bank. [...]
[...] Standard Chartered brings you a value packed current account offering you convenience and value. A tailor made product to take care of your business needs as it equips you with a range of conveniences unheard of in a current account. Unique Features Multi-city cheque books to save valuable time and money. Avail of free drafts and payorders. Express Cheque Collection & National Clearing Speed Service. Flexible banking hours for your convenience. Cheque pick-up or DD/PO delivery to arrive as per you room service timings. [...]
[...] This is summary of the main events in the history of Standard chartered and some of the organizations with which it merged. The early years Standard Chartered is named after two banks, which merged in 1969. They were originally known as the Standard Bank of British South Africa and the Chartered Bank of India, Australia and China. Of the two banks, the Chartered Bank is the older having been founded in 1853 following the grant of a Royal Charter from Queen Victoria. [...]
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