Service Quality, Customer Satisfaction and Customer Loyalty: An Empirical Study on Banks in India

Authors

  • Mustafa Raza Rabbani Department of Finance, College of Administration and Finance, Saudi Electronic University
  • Faran Ahmad Qadri Department of Accounting, College of Business-Rabigh, King Abdulaziz University,
  • Mohammed Ishfaq Department of Finance, College of Business-Rabigh, King Abdulaziz University,

DOI:

https://doi.org/10.21015/vtess.v11i2.427

Abstract

Service quality is one of the most important factors behind customer satisfaction in commercial banks. Various studies revealed that service quality plays a decisive role in satisfaction of customers and satisfaction of customers to a great extent lead to the customer loyalty vis-a-vis profitability of banks. Against such a backdrop, an attempt has been made to examine the impact of service quality of the bank on customer satisfaction and impact of customer satisfaction on the customer loyalty. This study points out that satisfaction and service quality relationship is critical for commercial banks. The broad objective of the study is to identify the determinants of customer satisfaction in the context of public sector and private sector banks in India and to examine the relationship between customer satisfactions, service quality and customer loyalty of banks. An attempt has also been made to study the impact of satisfaction on the loyalty of the customers. For this purpose responses have been elicited through a pre-tested structured questionnaire from 568 customers of public sector and private sector banks located in NCR.

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Published

2017-01-09

How to Cite

Rabbani, M. R., Qadri, F. A., & Ishfaq, M. (2017). Service Quality, Customer Satisfaction and Customer Loyalty: An Empirical Study on Banks in India. VFAST Transactions on Education and Social Sciences, 5(1), 39–47. https://doi.org/10.21015/vtess.v11i2.427

Issue

Vol. 5 No. 1 (2017): January-December

Section

Articles

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