Tuesday, August 22, 2017

COMMENTS NO: YEAR/2013/565

"PO of UBI:'Suddenly, Allahabad Bank has started increasing its overall business at a rapid pace and the employees of Allahabad Bank are succeeding in it. What's the secret behind such a success?' PO of Allahabad Bank:'Our top management has infused Corporate Culture to focus fully on business growth and net profitability at Branch Level. We have improved our customer services and also catering some innovative Banking Products after analyzing a customer from the view point of a Financial Planner.' PO of SBI:'Our top management is focusing on market penetration by opening up several new branches in remote areas of India to tap new profitable customers.' PO of Allahabad Bank:'Opening up of new branches also increases the operating expenses. Rather, our top management is deciding to merge several small branches of remote areas into a big branch to reduce operating expenses and increase profitability per employee. Moreover, many young people are joining our bank with a knowledge of modern technologies which is a good sign for us to compete strongly against any Private Bank of India.'"-Arindam Sain

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