Building customer relationships in Indian financial services

Relationship Marketing is the strategy used by the companies to establish, maintain and enhance long term relationship with the customers. This study is aimed to understand the customer perceptions on the market orientation of private and public sector banks in India and to identify the factors that...

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Main Author: Puthenpurakkal, Sambhunath
Format: Dissertation (University of Nottingham only)
Language:English
Published: 2011
Online Access:https://eprints.nottingham.ac.uk/24927/
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author Puthenpurakkal, Sambhunath
author_facet Puthenpurakkal, Sambhunath
author_sort Puthenpurakkal, Sambhunath
building Nottingham Research Data Repository
collection Online Access
description Relationship Marketing is the strategy used by the companies to establish, maintain and enhance long term relationship with the customers. This study is aimed to understand the customer perceptions on the market orientation of private and public sector banks in India and to identify the factors that contribute to the formation of strong and close customer relationships. Based on the literature review, four factors such as trust, commitment, satisfaction and communication are found to be the strong drivers of customer retention. The commitment is considered as a multidimensional construct for this study consisting of affective commitment, behavioural commitment and continuance commitment. The empirical data for measuring the constructs is collected from banking customers across India. According to the results, all factors showed a positive correlation to customer retention except behavioural commitment. The study also found a statistically significant difference in the behavioural commitment and communication of private and public sector banks.
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spelling nottingham-249272018-01-30T21:40:14Z https://eprints.nottingham.ac.uk/24927/ Building customer relationships in Indian financial services Puthenpurakkal, Sambhunath Relationship Marketing is the strategy used by the companies to establish, maintain and enhance long term relationship with the customers. This study is aimed to understand the customer perceptions on the market orientation of private and public sector banks in India and to identify the factors that contribute to the formation of strong and close customer relationships. Based on the literature review, four factors such as trust, commitment, satisfaction and communication are found to be the strong drivers of customer retention. The commitment is considered as a multidimensional construct for this study consisting of affective commitment, behavioural commitment and continuance commitment. The empirical data for measuring the constructs is collected from banking customers across India. According to the results, all factors showed a positive correlation to customer retention except behavioural commitment. The study also found a statistically significant difference in the behavioural commitment and communication of private and public sector banks. 2011-12-15 Dissertation (University of Nottingham only) NonPeerReviewed application/pdf en https://eprints.nottingham.ac.uk/24927/1/Sambhunath_Mukundan.pdf Puthenpurakkal, Sambhunath (2011) Building customer relationships in Indian financial services. [Dissertation (University of Nottingham only)] (Unpublished)
spellingShingle Puthenpurakkal, Sambhunath
Building customer relationships in Indian financial services
title Building customer relationships in Indian financial services
title_full Building customer relationships in Indian financial services
title_fullStr Building customer relationships in Indian financial services
title_full_unstemmed Building customer relationships in Indian financial services
title_short Building customer relationships in Indian financial services
title_sort building customer relationships in indian financial services
url https://eprints.nottingham.ac.uk/24927/