MIS full form in Banking refers to the Management Information System in Banks. The reports developed by the IT experts to improving banking business and make many improvements in its everyday business decisions. MIS in Banking very helpful tool to organize and very efficiently manage departments within an organization.MIS in banking terms refers to any report or a document which is helpful for management to take decision effectively and efficiently. Management analysis banking business data from many angels
Everyday in banks customer deposit money and withdraw money from the banks. There are different type of deposits for different tenure and same way different type of loans given for short term, medium term and long term. This all information is consolidated on daily, weekly, fortnightly, monthly, quarterly, half yearly and annual basis. These all information banks will submit to Reserve Bank of India and other regulatory authorities. All this data built into information system is collectively call as MIS Report in Banking.
MIS Reports not having any kind of formats. Its totally depends on management what kind of reports they want. MIS reports are prepared as per Management need.