CHALLENGES AND OPPORTUNITIES IN BANKING INDUSTRY

Challenges

• Decreasing savings because of the incremental in cost of living of the peoples.
• Economic growth changes.
• Exchange rates are changing over the time period.
• Disruptive technology. It means go for digital platform.
• Political instability.
• Retaining employees.
• Rural market penetration.
• Bank risk in non-performing loans.
• High transaction cost.
• Intense competition.

Opportunities 

• Offering innovative products.
• Door to door service approach.
• Branch expansion.
• Assets reconstruction.
• Motivational HRM policies.
• Mergers and Acquisitions.
• TQM concept.
• Managerial excellence.
• Offering online services.(cyber services)