Splint International Journal Of Professionals
  • Year: 2021
  • Volume: 8
  • Issue: 2

Role of Behavior of Banking Employees in Improving CRM Practices in Banks-An Empirical Analysis

  • Author:
  • Jyoti Singla1, Monica Bansal2, Veerpaul Kaur Maan3
  • Total Page Count: 11
  • Published Online: Oct 26, 2021
  • Page Number: 124 to 134

1Research Scholar, University Business School, Maharaja Ranjit Singh Punjab Technical University, Bathinda, Punjab, India

2Director, Panjab University Rural Centre Kauni, Sri Mukstar Sahib, Punjab, India

3Assistant Professor, University Business School, Maharaja Ranjit Singh Punjab Technical University, Bathinda, Punjab, India

*Corresponding Author email id: monikabansal22@gmail.com

Abstract

In the current scenario of the business environment, Customer Relationship Management (CRM) suggests tools and techniques that help the organizations to administer customers in an organized manner. According to Philip Kotler, CRM approaches explain detailed information about particular customer and customer management techniques that helps to manage individual customer’s needs so that they can retain loyal customer. The objective of CRM is to convert current customers and potential customers into loyal customers to increase customer loyalty. Subsequently, CRM facilitate to retain and improvement of Relationships with clients and different partners. The customer desires to obtain the products or services at little cost that accomplish their requirements. The main purpose of this article is to indicate and analyze the best CRM practices inside the financial area with respect to Haryana. Further, to study the importance of various demographic factors regarding the Bank employee’s behaviour in performance of services with reference to Haryana. It is found that beside the sale and promotion, all other departments in a company must be involved in the CRM processes. A new emanate perspective in recent times that has recently attracted companies is customer cost administration. The target is to detect the worth that can provide to consumers with the products in the course of their supportive processes and services. To conclude we can say that the behaviour of employees is directly related to CRM Practices.

Keywords

CRM practices, Banking industry, Customers, Employees behaviour, Loyalty