BULMIM Journal of Management and Research
  • Year: 2020
  • Volume: 5
  • Issue: 1

Effect of Customer Experience in Business and Financial Performance of Banks

1Professor, Department of Management Studies, National Institute of Technology, Tiruchirappalli-620015, Tamil Nadu

2Research Scholar, Department of Management Studies, National Institute of Technology, Tiruchirappalli-620015, Tamil Nadu, vjs@nitt.edu

*Corresponding author) email id: eunicenancy@gmail.com

Online published on 28 May, 2020.

Abstract

Providing excellent customer service to customers in all aspects will be a challenging task. Excellent customer service leads to customer experience creation, which will affect customer satisfaction and customer loyalty. Nowadays, researchers concentrate on the idea of customer experience in Indian banks, which has a significant customer base. The purpose of this article is to develop a conceptual framework between customer experience and business and financial performance. The customer experience index (CEI) is adapted for this study. The propositions are developed to understand the cause and effect relationship of customer experience in business and financial performance of the banks in India.

Keywords

Business performance, Customer experience index, Customer experience, Financial performance, Indian banks