Consumer Banking Cause High Inflation and Decrease per Capita Income in the Economy
Author(s)
Qaisar Farooq , Muhammad Faheem Zafar , Kayenat Saher , Sardar Muhammad Awais ,
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Abstract
this study was an assessment of consumer banking is the main cause of the high inflation rate and decrease per capita income in the economy. My belief was that such information might be useful to bankers, businessmen, others who work with the banking sector and those people who have an interest in gaining information related to consumer banking, cause of inflation and per capita income of the country.
This becomes all the more necessary given the fact that recent changes in the regulatory environment and policy of commercial banks should have made it easier to access the formal interest rate. Since this study is exploratory in nature, while the bank's interest rate is highly studied in the past but the problems that are faced by the banks in interest rates are not studied, therefore the present study employed a quantitative methodology. Through benefiting from largely quantitative data, semi- structured questionnaires and a sample of hundred (100) participants have been devised to explore the problems faced by the banks in interest rate small and medium enterprises.
Keywords
consumer banking, High Inflation, per Capita Income
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