Customer Relationship Management Practices and Customer Loyalty in Commercial Banks: An Empirical Study

Journal Title: MUDRA: Journal of Finance and Accounting - Year 2017, Vol 4, Issue 2

Abstract

Differentiating products through best practices, providing timely services to encourage word of mouth publicity, and increasing quality of services through best practices have become benchmarks in retail banking sector in India. A number of research studies have been performed that have highlighted the importance of Customer Relationship Management (CRM) in banking industry and its contribution to customer satisfaction and retention. This empirical paper closely examines the association between CRM best practices and customer loyalty in commercial banks in Kerala. The assessment done based on the opinion of customers exposed that there is a good association between CRM practices and customer loyalty in commercial banks in Kerala.

Authors and Affiliations

Linie Darli, R. Vasanthagopal

Keywords

Related Articles

Bank Recapitalisation Announcement: A Comparative Study of Select Public and Private Banks

During past few years a rapid increment in the non-performing assets has triggered the threat of under-performance among the banks. To restore the financial health of banks, the government of India infused Rupees 2,11,00...

Seasonality in the Indian Stock Markets: A Study of Calendar Effects

Theoretical and technological advances in Behavioural Finance over the last decades seem to have shifted the paradigm away from the Efficient Market Hypothesis proposed by Fama in 1970s. The hypothesis implied that secu...

Comparative Analysis of Top Private Sector Banks in India based on CAMEL Parameters

The CAMEL rating is a well-established technique to compare the performance of banks and financial institutions. The Compound Annual Growth Rate (CAGR) is a very useful growth measure. We compare the top five private se...

Day of Week Effect in Indian Stock Markets

The present study examines the day of week effect in Indian stock markets. The stock returns data of 17 indices have been collected from BSE (Bombay Stock Exchange) and NSE (National Stock Exchange) for the sample period...

From Cash to Cashless Economy: Catalytic Agent for Financial Inclusion?

The announcement by Prime Minister Narendra Modi on July 1, 2015 towards “making India Digital” was meant to pave Indian economy’s future for larger proposed changes in terms of financial literacy. The drive intended to...

Download PDF file
  • EP ID EP623775
  • DOI 10.17492/mudra.v4i02.11448
  • Views 241
  • Downloads 0

How To Cite

Linie Darli, R. Vasanthagopal (2017). Customer Relationship Management Practices and Customer Loyalty in Commercial Banks: An Empirical Study. MUDRA: Journal of Finance and Accounting, 4(2), 62-71. https://europub.co.uk/articles/-A-623775