SAARJ Journal on Banking & Insurance Research
  • Year: 2020
  • Volume: 9
  • Issue: 4

Customer relationship management (crm) practices in regional rural banks in India

1Professor, Department of Management Studies, Periyar University, Salem, India

2Assistant Professor, Department of Commerce, Salem Sowdeswari College, Salem, India, Email id: kamatchi.suriya@gmail.com

Online published on 4 September, 2020.

Abstract

Today, banking sector has been facing stiff competition among intra and inter-banks on one side and foreign banks on other side after economic reforms. Banks have to make efforts to survive in a competitive global market. They have realized that managing customer relationships is a very important factor for their success in the long-run. Customer Relationship Management (CRM) is a strategy that can help them to build long-lasting relationships with their customers and increase their profits through the effective customer relationship management system and the application of customer-focused strategies. CRM strategy in the banking sector is of strategic importance. This paper to study about the CRM Practices in Regional Rural Banks in India.

Keywords

Banking, Customers, Customers Relationship Management, Rrbs