Essay on Mis in Banking Sector - 2279 Words.
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Risks and Risk Management in the Banking Sector The Banking sector has a pivotal role in the development of an economy. It is the key driver of economic growth of the country and has a dynamic role to play in converting the idle capital resources for their optimum utilisation so as to attain maximum productivity (Sharma, 2003).
Management Information System (MIS) is a management system that is used by many banks in developed countries nowadays to improve the banking service and support decision - making process.
The top 10 retail banking scandals: 70 billion reasons why shareholders must play a greater role in changing bank culture. In November 2014, New City Agenda published the first comprehensive study into the efforts that retail banks were undertaking to change their culture.It was clear that the banks sales-based culture had cost their shareholders dearly and that investors needed to do more to.
Management Information System Introduction In a banking business environment characterised by a battle for the customer, where the need to grow in volume has given way to selective growth strategies (rather than messages about a slowing of new business), an undeniable competitive advantage is.
Management information systems and business decision making, Page 4 To begin with, MIS provides a fitting platform for good decision making (Kumar, 2006). Essentially, without the established systems of getting information in MIS, it would be extremely difficult for organizations to make their decisions. This is because they would be forced to.
Economic activities globalization, evolution towards a society based on information and knowledge, competition emphasis, increasingly stressed dynamics of technical and technological progress, represent trends which impose high requirements within banking institutions, by lining up with the new realities of the environment they operate in. Along with banking sector development and increasing.