Abstract:
In the recent past, many changes have happened in all most
all the sectors in the world and these changes have inspired the
scholars to come up with new initiatives to uplift the living standards
of people. One of the key drivers of the changes in the resent past is
globalisation. Globalisation has become a crucial phenomenon with
profound impacts on many sectors. Most important thing about
globalisation is that it can be an opportunity and a threat at the same
time. Organisations which are highly adaptable to this changing nature
of the global market have been able to capitalise on the opportunities
of the globalisation. This unstoppable phenomenon has captured the
global banking sector too. There have been many changes happening
in the way the certain aspects of the banking industry are
conceptualised and functioned.
