Study of Peoples

Perception about
Safety Of their money
In private banks
“In this time of recession
where we have seen some foreign private banks going
bankrupt and many coming into dire state, how safe do
you feel depositing your money in Indian private banks?”

By: Group 7
Paritosh Kumar Sharma
Sita Devi
Chandan Parsad
Manoj Kumar Sagar
Rupinder Kaur
Alka Rajput
 RESEARCH DESIGN
Hierarchy of our research design is shown below:

CONCLUSIVE RESEARCH DESIGN

DESCRIPTIVE RESEARCH

LONGITUDNAL DESIGN

METHODOLOGY ADOPTED
SURVEYS
The data will be analyzed in a highly quantitative manner.
 QUESTIONNAIRE
Name:

Age:

Profession:

• Do you have a bank account in private bank?

Yes No

• Do you use this account extensively?

Yes No

• Do you think depositing money in private banks is risky?

Yes No

• How much risky do you think depositing money in private banks is?
High risk Medium risk Very low risk

• Does size of the private bank affects the level of the risk associated
with it?
Yes No

• Knowing that depositing money in private banks is risky than why did
you deposited your money in that bank.
_______________________________________________________
_______________________________________________________

• Has your perception about Indian private banks changed after this
global financial meltdown?
Yes No
 EXPECTED OUTCOME

• We expect most of the people to show high faith in Indian private

banks with considerable number of exceptions.
• We expect them to associate very low levels of risk regarding their
money deposits in private banks.
• We expect increase in risk associated with private banks after this
global financial meltdown.
• “Better Banking Services” is expected to be the main reason behind
using bank accounts in Indian private banks.