preview

Analysis Of Karnataka Bank Swot Analysis

Decent Essays

AREAS OF OPERATION
The area of operation of Karnataka Bank Ltd has been spread across India. During 2013-14 the bank has opened 50 new branches in 11 states viz two each in Andrapradesh and Rajasthan, one every in Assam, Goa, Gujarat, Maharashtra, Uttarakhand, West Bengal, 34 in Karnataka, three in Kerala and in Tamil Nadu and 34 new branches opened in Karnataka, 13 are in unbanked rural centers under financial inclusion initiative of the bank. Further, as per the direction of Government of India, the bank has opened 17 ultra small branches in the villages where Brick and Mortar branches are not viable. Also the bank has added 196 ATM outlets at various locations.
As at 31st March 2014 the bank had 1304 service outlets i.e, 600 branches (which includes 2 corporate finance branches at Fort, Mumbai and …show more content…

The environment might present many opportunities but a company might not have strength to exploit all the opportunities. Similarly, occasionally a firm will not have the strength to meet the ecological threats. If a company, therefore finds that it will not have the competence to survive in a particular line of business, it will be careful to give it up and focus on such business for which the firm is mainly capable. The cost-effective liberalization in India in 1991 drastically changed the business environment. Many companies have exited some of their business and have been concentrating on their core business.
Strengths:
 The factors that have contributed to the success of the bank are its workforce because the bank has highly educated labor force, young and energetic employees within the age group of 25-45. This helps the junior employees to learn from the experience of the senior employees.
 The bank is efficiently managed. The bank is one of the few banks in India which gives importance to technology in order to serve its customers better through financial

Get Access