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Strategic Business Management in the Banking Sector: Enhancing Operational Efficiency and Growth

Vidhi Mardia ()
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Vidhi Mardia: Trine University, Department of Finance

A chapter in Proceedings of the International Conference on Policies, Processes and Practices for Transforming Underdeveloped Economies into Developed Economies (PPP-UD 2025), 2025, pp 19-42 from Springer

Abstract: Abstract Effective business management is a cornerstone of success in the banking sector, influencing financial performance, customer satisfaction, and long-term sustainability. This study examines key management strategies in banking, focusing on operational efficiency, leadership approaches, and customer relationship management. By analyzing market dynamics, regulatory considerations, and financial decision-making processes, this research highlights best practices that contribute to sustainable growth. Emphasis is placed on optimizing banking operations through structured management frameworks, workforce development, and customer-centric strategies. The findings suggest that a strong business management foundation enables banks to navigate economic fluctuations, strengthen competitiveness, and foster customer trust, ensuring resilience in an evolving financial landscape.

Keywords: Banking sector; Strategic management; Operational efficiency; Growth; Customer relationship management (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:spr:advbcp:978-94-6463-894-3_3

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DOI: 10.2991/978-94-6463-894-3_3

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