Impact of Service Quality on Customer Satisfaction in Public Sector and Private Sector Banks

  • J. Joshua Selvakumar Asst. Professor, PSG Institute of Management (PSG College of Technology), Coimbatore, Tamil Nadu


Service Quality in banking sector is the most important criteria and asset for evaluating and satisfying customers and thereby increases the customer loyalty and average retention rate of customers. Among the service quality determinants, reliability, assurance and empathy have always played a pivotal role. Prior research suggests that customer perceptions and expectations are more likely to be different across service sectors. Hence, this paper examines the effect of service quality determinants on the degree of customer satisfaction in public and private banks in India. By realizing the gap between the perceived and actual service quality, customer satisfaction can be extremely improved.