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Banking Today has Become a Competitive Industry

NMIMS Global Access

School for Continuing Education (NGA-SCE)

Course: Retail Banking

Internal Assignment Applicable for April 2020 Examination


1. Banking today has become a competitive industry. Discuss how the internet and mobile banking is ice breaker to the tradition banking industry. Highlight how internet and mobile banking have brought digitalization in the banking Industry and is helping the industry to pave its way to success. (10 Marks)


2. Shriram has recently graduated from a reputed MBA college and got placed in a private sector bank. His manager asks him to prepare a short note the different types of lending which are carried by banks in day to day operations. Help him to prepare his notes.

(10 Marks)

3. “The test of our progress is not whether we add more to the abundance of those who have much; it is whether we provide enough for those who have too little.” - Franklin D. Roosevelt

Despite witnessing progressive growth in economy post liberalization, yet nearly 75 % of the households even today are deprived to access to any funds-institutional or otherwise. Banks play a vital role in bridging the social divide and achieving robust and sustainable economic growth. Financial inclusion is viewed as a promising step towards achieving financial equality and stability.

a. Discuss the various initiatives taken by RBI for promoting financial inclusion (5 Marks)

b. Highlight the barriers that impends financial inclusion (5 Marks)


University:  NMIMS
Retail Banking