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Banking and commerce...

By: Haribol Acharya [13-September-08 2:49AM]
25 posts
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Banks have been increasingly changing and are playing their different and of course strategic roles with their newer faces of being integrators, that means they have started venturing out into domains as deemed un-bankable a few decades back in the Asian context. Now banking has provably been more of a service industry with the assimilation of varieties of business activities, and engaging in other domains of business than simple ones. Like they are taking on merchant banks and investments, and assembling or integrating activities of insurance companies and all that is done with an objective of providing comprehensive packages so that the bank can survive against the storm or the tsunami of change. On the turbulent waters, banks are compelled to steer their boats of banking and only if those who can prove to be expert or skilled at sailing or excel the rest of rowers or boaters at sailing can get the boat across and those who fail can not.

Therefore if anyone is there who can add value to information related to banking can do so out of generosity.

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