Released on = May 24, 2006, 10:13 pm

Press Release Author = RNCOS

Industry = Retail

Press Release Summary = RNCOS Research: (http://www.rncos.com/Report/IM037.htm)
Growing phenomenally, the retail-banking sector in India offers tremendous benefits
and growth opportunities for both consumers and investors.

Press Release Body = RNCOS Research: (http://www.rncos.com/Report/IM037.htm) Retail
banking in India operates in a highly saturated and competitive market. Attaining
the essential performance improvements, which eventually help in earning huge
revenues and controlling the costs, is considered to be the main stimulator behind
this phenomenal growth of the Indian retail-banking sector. However, the focus of
the retail-banking sector is on predicting and tracking the main drivers of revenue,
cost and productivity, so that corrective measures can be taken timely.

With the introduction of Internet banking, the services have become more transparent
to consumers now as they can easily check and compare the services offered by other
banks.

Retail banking in India is facing extreme competition from its counterparts in other
developed nations. On top of the challenges that are posed by the competitors before
the retail-banking sector in India, the regulations imposed by the apex body over
the industry façade true challenge before the industry.

A recent market research report named "Indian Retail Banking Sector Analysis
(2006)", published by RNCOS- a leading market research and analysis firm, offers
detailed analysis and description of each and every aspect of the retail-banking
sector in India.

As per the report, "During the years 2000-2005, the entire assets of the banking
industry increased with a Compound Annual Growth Rate of 14% touching a worth of
$523 billion from $271 billion, whereas the profits jumped at a Compound Annual
Growth Rate of 26% touching a worth of $5.2 billion from $1.55 billion".

Along with discussing past trends and present scenario, the report also provides a
complete overview of the Indian retail banking industry. The opportunities and
challenges that exist before the retail-banking sector in India are covered in the
report, which also discusses the plans and strategies adopted by the major
government and private firms for the growth of the industry. Besides listing the key
players in this sector, the report also provides market prediction for the years to
come.

About RNCOS:
RNCOS, formed in 2002, offers Market Research Reports for your business needs and
aims to put an end to your information pursuit. Our expertise in gathering global
business information for industry research, corporate training, growth consulting,
and business consulting, brings reputed companies and firms to us for business
enhancement solutions. We can be your one-stop-shop for Industry research
information and niche market analysis.

To purchase your copy: http://www.rncos.com/Report/IM037.htm
For more information about the report please visit www.rncos.com


Web Site = http://www.rncos.com

Contact Details = RNCOS
Shushmul Maheshwari
Head of Business Development
29, 1st Floor, Patparganj Industrial area, Delhi 92
91-11-4214-1229
info@rncos.com