Answer / tagplus3

marketing is the most useful tool for banking...all the
products of banking has to be marketed in order to tap the
potential customers..marketing of products and services by
fullfilling the need and wants of the customers is required
for effective running of the organisation

Answer / b v trivedi

In current scenario marketing is very useful tool for
banking sector for attracting customers for various banking
products. Old days are gone for banking wherein the customer
had to walk in to his bank and ask for services. Due to
increase in competition it has become imperative for banks
to use marketing tool to increase there market share by
providing awareness of there products to there prospective
customers.

Now banks have to provide knowledge of there products to
there customers and create requirement of there products
among the prospective customer and for that marketing has
become a most important tool which connects the customers
and products offered by the bank.

Answer / udayabhaskar

Marketing not only important for Banking sector, it is a
vital arm of any sector/firm. Without marketing one
firm/business entity could not serve a long. How better
services/products u offer for the public, the advantages of
using ur products/services should reach the public. It may
be advertisement, good quality, timely attention and many
more factors.

Coming to banking sector, in the present situation of
globalisation, as a big market of the world, our india is
facing toughest competition from global banks. In this
situation it is must to have good marketing department and
good marketing strategy.

With best wishes.... Udaya Bhaskar 9492038751

Answer / nandagopal.n

As the era of globalisation heats up...The traditional
marketing strategies of banks fail to work...They need to
break the shell..and design new avenues for reaching their
target group...The emergence of new generation banks and
other foreign players have reduced the market pie share of
banks..

In all the functions of an organisation..Marketing is the
only vital arm of an organisation that helps to unclutter
or differentiate or to position a bank's products ,services
and the organisation itself...

In marketing sales is the only revenue generation
funcntion...all others are supporting functions which adds
costs...

Thus,a clear alignment of the needs and wants of the target
group and the marketing startegies of banks is the key to
revenue generation...and also the panacea for survival and
growth...


Hope this answer is sufficient to convince any
interviewer...please do give me a feedback...

Thanks,
NANDAGOPAL.N

Answer / sumit

Marketing is the prime tool of banking sector.It satisfies
customer benefit and deal with banker and customer both
work has done one is receipt and payment.Moreever it is
direct relation with loan sector.

Answer / ankit arora

Marketing is not only important for banking but for all.
Marketing is activity which is costumer oriented under which we try to identify need of costumer and better satisfy them.
It also help us to know better way of interacting with customer and help them anyway.
It help us to make discipline and help to achieve target.
So in this way it will help in banking to make strong customer data base.

Answer / ravi

Marketing is the base of any organisation. Without proper marketing no business can achieve their goals.marketing helps in to attract the potential customer. Banking sector is also avail various competitors only marketin helps in compete with them.

Answer / belgalkar ravindra

All banks provide the same services in the present context with small variations but to prove their identity and attract their clientale Marketing is very much neceeary

Answer / nabanita

hey bhaskar very gud ans
thx
nabanita

sharing of interview experience on 5 th may 2010

1 Answers  

having completed 3 years of MCA, why u are interested to work in a bank?

2 Answers   Andhra Bank,

hey guys i attended my interview on 29th April in a delhi zone.They were asking so simple question that i was surprised. I preapred day and night for the interview collecting all the question from this link and other site as well as from GS book but they simply asked 1) tell us about ur family 2) about u 3) Why u want to join banking and not IT . 4) Advantages and disadvantages of computer. 5) Where is hawamahal. 6) about pink city 7) who discovered electron. 8) who invented telephone. that's all I think it was just waste of time preparing banking related questions.

0 Answers  

hello frnds does any body know when will be the result of sbi clerical interview out. plz guys do reply

9 Answers   State Bank Of India SBI,

HI FRIENDS, THIS POST IS FOR WHO HAS BEEN SELECTED IN SBP.I'M HEMA SELECTED IN SBP FROM TAMILNADU..PPL HAV ANY 1 OF U GOT ANY MAIL R SMS REG D APPOINTMENT..PL DO POST..IF U GET ANY DETAILS REG MEDICAL CAN B POSTED TOO...AWAITING D REPLY...

3 Answers  

I have appeared for sbi clerical exam in Nov 2009. My reg No is 2130085, and I lost my roll no. could any one please guide me how to get my roll no and result

0 Answers   State Bank Of India SBI,

I've been selected for SBI clerical interview on 27th May.Can anybody tell me wht kind of questions r asked in the interview?Plz post an answer as quick as possible...id is dhnyr@yahoo.com

4 Answers   State Bank Of India SBI,

What is the current SLR?

2 Answers   IBPS, State Bank Of India SBI,

hi frnds i attend personel interview of indian bank for clerical carde. any body know when announce result

0 Answers   Indian Bank,

PLZ give me ans for this questions, How will you handle the pressure of customer? What will you do if any customer misbehave with you? What is the current financial situation of nationalized banks?

0 Answers  

I have been selected in SBI CLERKs. How many days will be the training and how will be the posting given?? does anyone has idea?? Thanks...

0 Answers   BSRB,

hai iam suri if anybody attended the clerks interview before 5th december pls inform me the type of questions they r asking.thanku...

0 Answers   Karnataka Bank,