Entrepreneurship in

Banking & Insurance.

INTRODUCTION
Starting NewBusinesses
Intra-preneurship
True Uncertainty
Same Character traits

MEANING
Afinancial institution
Connects customers
Hold the savings
Flow of funds
A pace setter.

Definition of banking
According to banking regulation act 1949

accepting for the purpose of lending or

investment of deposits of money from the
public repayable on demand or otherwise and
withdraw able by check, draft, order or
otherwise.

STANDARD ACTIVITIES
Payment agents
Payments via other methods
Banks borrows funds
Non-banks payment services
Provide an adequate substitute

RETAIL BANKING
Savings account
Credit card
Debit card
Mortgage
Mutual fund
Personal loan

BUSINESS BANKING
Business loan
Capital raising
Term loan
Cash Management Services

CHANGING ROLE OF BANKS IN

ENTREPRENEURSHIP
Deposit mobilization
Higher level of profitability
Support to small enterprises.
Soft credit availability
Motivate and assist prospective
Requires financial input as well as non-

financial inputs

ENTREPRENEURSHIP
AMONG BORROWERS
Independent management consultants
Technical consultants well equipped
Risk an inherent ingredient
High level of NPAs

INSURANCE
Form of risk management
Risk of a contingent loss
Equitable transfer of the risk

INSURANCE SECTOR REFORMS:

Indian Insurance Industry reformed.
Objective of complimenting the reforms .
More efficient and competitive financial

system

Meaning and Benefits of

Bancassurance
Convergence of banking and insurance
Distribution of insurance products
A tool for increasing their market penetration
Great benefit to the customer
Creation of one-shop
Gains from both sides

OPPORTUNITIES AND
CHALLENGES
On the rise in emerging markets
Successfully leveraging bancassurance
Europe highest penetration rates
North America is lowest.
Gaining in popularity

EMERGING TREND
Tailor-made products
Embrace direct marketing
Willingness to expand

CONCLUSION
More social entrepreneurs
Need help to become fully engaged
Not be defined so narrowly
Uncover the factors
More natural act