Admission notification from National Institute of Bank Management,Pune

National Institute of Bank Management
NIBM Post Office, Kondhwe Khurd, Pune 411 048, INDIA
Telephone : 0091-20-26716000 (EPABX)
0091-20-26716219/26716252 (Direct)
E-mail : elizabeth@nibmindia.org, smita@nibmindia.org
Website : www.nibmindia.org

Programme in Financial Planning and Wealth Management
February 20 – 29, 2012

For more details click here:
http://nibmindia.org/NIBMSearch/TPBrouchers/James-SRoy_Feb_20-19_brochure.pdf

The deregulation of interest rate that banks pay on savings account deposits has several implications. Firstly, the intensification of competition among banks for acquiring and retaining larger volumes of savings and current deposits could lead to rise in interest costs. Secondly, there is a negative impact on margins and profits due to higher average cost of funds. So strategies to boost fee-based income can provide the necessary cushion in a rising interest rate scenario. Again, on account of changing demographics and increased access to higher education, there will be larger proportion of young people in India earning considerably large incomes which lead could be channelized by banks into savings and investments through financial planning and wealth management services.
As mentioned in the 2008 report by Boston Consulting Group, wealth management
remains a relatively stable business and a valuable source of growing revenues even in 1 the most turbulent times.

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