Study to Examine the Extent of Service Fairness On Consumer Behavioral Intention In India With Special Reference To Banking Sector
DOI:
https://doi.org/10.61841/b16nnw12Keywords:
Economies, Service fairness, Consumer, Behavioral intention, Banking Industry.Abstract
The dramatic change in India's economic and industrial dynamics followed the abolition of the very depressed license and the introduction of LPG policy. Since 1991, with modernization and liberalization, market forces have gradually dominated the Indian banking system. The user was the primary beneficiary of the inexorable development and increased competition of broader economies. At the same time, banks find it harder to stop defecting their lucrative clients. This study explores the extent of service fairness for the banking industry in India, particularly in terms of customer behaviour. Findings suggest that customer satisfaction and customer loyalty have a significant impact on service quality, market fairness, and consumer behaviour. This study demonstrates the importance of customer behaviour in Indian bank loyalty.
Downloads
References
1. Al-Somali, S. A., Gholami, R., & Clegg, B. (2009). An investigation into the acceptance of online banking in Saudi Arabia. Technovation, 29(2), 130-141.
2. Ankit, S. (2011). Factors influencing online banking customer satisfaction and their importance in improving overall retention levels: An Indian banking perspective. In Information and Knowledge Management (Vol. 1, No. 1, pp. 45-54).
3. Arasli, H., Katircioglu, S. T., & Mehtap-Smadi, S. (2005). A comparison of service quality in the banking industry. International journal of bank marketing.
4. Bradley, L., & Stewart, K. (2003). The diffusion of online banking. Journal of Marketing Management, 19(9-10), 1087-1109.
5. Burgess, R., Pande, R., & Wong, G. (2005). Banking for the poor: Evidence from India. Journal of the European Economic Association, 3(2-3), 268-278.
6. Chauhan, V., Choudhary, V., & Mathur, S. (2016). Demographic influences on technology adoption behavior: A study of e-banking services in India. Prabandhan: Indian Journal of Management, 9(5), 45-59.
7. Devlin, J. F., Roy, S. K., & Sekhon, H. (2014). Perceptions of fair treatment in financial services. European Journal of Marketing, 11(4), 133-146.
8. Dutta, K., & Dutta, A. (2009). Customer Expectations and Perceptions across the Indian Banking Industry and the Resultant Financial Implications. Journal of Services Research, 9(1), 114-131.
9. Ebiringa, O. T. (2012). Total quality management for service delivery by commercial banks: Analysis of critical success factors. International Journal of Management Sciences and Business Research, 1(3), 1-11.
10. Ganguli, S., & Kumar, V. B. (2008). Drivers of customer satisfaction and loyalty in India retail supermarkets: An exploratory study. ICFAI Business Review, 24, 61-66.
11. Ghouri, A. M., Khan, N. U., Siddqui, U. A., Shaikh, A., & Alam, I. (2010). Determinants analysis of customer switching behavior in private banking sector of Pakistan. Interdisciplinary Journal of Contemporary Research in Business, 2(7), 96-110.
12. Hernández-Murillo, R., Llobet, G., & Fuentes, R. (2010). Strategic online banking adoption. Journal of Banking & Finance, 34(7), 1650-1663.
13. Jang, S. S., & Namkung, Y. (2009). Perceived quality, emotions, and behavioral intentions: Application of an extended Mehrabian–Russell model to restaurants. Journal of Business Research, 62(4), 451-460.
14. Karjaluoto, H., Jarvenpaa, L., & Kauppi, V. (2009). Antecedents of online banking satisfaction and loyalty: empirical evidence from Finland. International Journal of Electronic Finance, 3(3), 253-269.
15. Kaura, V., & Datta, S. K. (2012). Impact of Service Quality on Satisfaction in the Indian Banking Sector. IUP Journal of Marketing Management, 11(3) 86-106.
16. Kaura, V., Prasad, C. S. D., & Sharma, S. (2015). Service quality, service convenience, price and fairness, customer loyalty, and the mediating role of customer satisfaction. International Journal of Bank Marketing.
17. Ketkar, K. W., & Ketkar, S. L. (1992). Bank nationalization, financial savings, and economic development: a case study of India. The Journal of Developing Areas, 27(1), 69-84.
18. Khan, H. U., Lalitha, V. M., & Omonaiye, J. F. (2017). Employees' perception as internal customers about online services: A case study of banking sector in Nigeria. International Journal of Business Innovation and Research, 13(2), 181-202.
19. Kumar, G., & Shenbagaraman, V. M. (2017). A study on customer's perception of online banking and e-service quality among Chennai customers. International Journal of Business Excellence, 11(1), 72-94.
20. Lenka, U., Suar, D., & Mohapatra, P. K. (2009). Service quality, customer satisfaction, and customer loyalty in Indian commercial banks. The Journal of Entrepreneurship, 18(1), 47-64.
21. Lin, M. S., & Lee, J. Y. (2013). U.S. Patent No. 8,503,186. Washington, DC: U.S. Patent and Trademark Office.
22. Michel, S. (2004). Consequences of perceived acceptability of a bank's service failures. Journal of Financial Services Marketing, 8(4), 367-377.
23. Nagdev, K., & Rajesh, A. (2018). Consumers' intention to adopt internet banking: An Indian perspective. Indian Journal of Marketing, 48(6), 42-56.
24. Narteh, B. (2016). Service fairness and customer behavioural intention. African Journal of Economic and Management Studies, 15(1), 171-189.
25. Narteh, B., & Odoom, R. (2015). Does internal marketing influence employee loyalty? Evidence from the Ghanaian banking industry. Services Marketing Quarterly, 36(2), 112-135.
26. Newman, K., & Cowling, A. (1996). Service quality in retail banking: the experience of two British clearing banks. International Journal of Bank Marketing, 12(4), 61-80.
27. Ozretic-Dosen, D., & Zizak, I. (2015). Measuring the quality of banking services targeting student population. EuroMed Journal of Business, 08(3), 83-106
28. Paul, J., Mittal, A., & Srivastav, G. (2016). Impact of service quality on customer satisfaction in private and public sector banks. International Journal of Bank Marketing, 15(4), 82-102.
29. Perkins, E. D., & Annan, J. (2013). Factors affecting the adoption of online banking in Ghana: implications for bank managers. International Journal of Business and Social Research (IJBSR), 3(6), 94-108.
30. Prema, C. (2011). A Framework for Understanding Consumer Perceived Characteristics of Internet Banking as Predicators of its Adoption. Indian Journal of Marketing, 41(2), 46-53.
31. Roy, S. K. (2012). Financial inclusion in India: An overview. Asian Journal of Multidimensional Research (AJMR), 1(5), 134-141.
32. Roy, S. K., Balaji, M. S., Kesharwani, A., & Sekhon, H. (2017). Predicting Internet banking adoption in India: A perceived risk perspective. Journal of Strategic Marketing, 25(5-6), 418-438.
33. Safeena, R., Date, H., & Kammani, A. (2011). Internet Banking Adoption in an Emerging Economy: Indian Consumer's Perspective. Int. Arab J. e-Technol., 2(1), 56-64.
34. Sajtos, L., & Kreis, H. (2010). Diagnosing the impact of patronage concentration and cross-buying in retail banking. Journal of Business Market Management, 4(3), 151-165.
35. Sathish, M., Naveen, K. J., & Jeevanantham, V. (2011). A study on consumer switching behaviour in cellular service provider. Far East Journal of Psychology and Business, 5(2), 13-22.
36. Shankar, A., & Kumari, P. (2016). Factors affecting mobile banking adoption behavior in India. The Journal of Internet Banking and Commerce, 21(1).
37. Shukla, P. (2004). Effect of product usage, satisfaction and involvement on brand switching behaviour. Asia Pacific Journal of Marketing and Logistics, 16(4), 82-104.
38. Tesfom, G., & Birch, N. J. (2011). Do switching barriers in the retail banking industry influence bank customers in different age groups differently?. Journal of Services Marketing, 25(5), 371-380.
39. Yaghoubi, N. M., & Bahmani, E. (2010). Factors affecting the adoption of online banking: An integration of technology acceptance model and theory of planned behavior. International journal of business and management, 5(9), 159-165
Downloads
Published
Issue
Section
License

This work is licensed under a Creative Commons Attribution 4.0 International License.
You are free to:
- Share — copy and redistribute the material in any medium or format for any purpose, even commercially.
- Adapt — remix, transform, and build upon the material for any purpose, even commercially.
- The licensor cannot revoke these freedoms as long as you follow the license terms.
Under the following terms:
- Attribution — You must give appropriate credit , provide a link to the license, and indicate if changes were made . You may do so in any reasonable manner, but not in any way that suggests the licensor endorses you or your use.
- No additional restrictions — You may not apply legal terms or technological measures that legally restrict others from doing anything the license permits.
Notices:
You do not have to comply with the license for elements of the material in the public domain or where your use is permitted by an applicable exception or limitation .
No warranties are given. The license may not give you all of the permissions necessary for your intended use. For example, other rights such as publicity, privacy, or moral rights may limit how you use the material.
