The Rural Banking Genius

Book excerpt: For Indian Banks there is opportunity in Rural penetration, overseas presence, inorganic growth and organic growth and technological advancement through universal and global banking, as well as realigning the operational and customer service approaches/models with business efficiency and societal needs. The modern day technology is coming handy to solve complexities in banking business. The management practices and policies, expertise in field specific context is helping in carrying successfully mergers, acquisitions, and increase capital. Sound knowledge and insights in banking of academicians is helping in product development, loan recovery, and increasing profit. Prudent practices are also steering the banking business through experience of academicians in man management, decision making, team management, and handling managerial communication. Biswajit Pattajoshi offers not only a candid critique of eradicating poverty, through bottom of pyramid spins but more important a clear agenda –indeed the Samaritans agenda-for meaningful change in end of poverty by immortal brand equity white horse. He calls upon leadership to deliver value and solutions, not physicality colours. He believes that the stalwart must understand their building blocks and operations from finance to supplier partnerships. They must co-operate and compete on multidisciplinary teams, because BOP model fails whenever any part of greater agenda fails to cohort with great acres.