The commercial banks serve as the king pin of the financial system of the country. They render many valuable services. The important functions of the Commercial banks can be explained with the help of the following chart. Primary Functions The primary functions of the commercial banks include the following: A. Acceptance of Deposits 1. Time Deposits: These are deposits repayable after a certain fixed period. These deposits are not withdrawn able by cheque‚ draft or by other means. It includes
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Green Banking In an increasingly eco-conscious market‚ many small businesses are finding creative ways to go green. Whether it’s improving their energy efficiency‚ buying organic products‚ composting or just turning off electronics at night‚ being green means all sorts of things to different people. One small thing you may not have considered is green banking. Most banks have at least one green initiative in place (or claim to)‚ and a few have made the extra effort to distinguish themselves
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Investment Banking Global Education and Career Development Center ♦ 12-170 ♦ (617) 253-4733 ♦ http://careers.mit.edu Overview Investment banking includes a wide variety of activities‚ including underwriting‚ selling‚ and trading securities‚ providing financial advisory services‚ and managing assets. Investment banks cater to a diverse group of stakeholders – companies‚ governments‚ non-profit institutions‚ and individuals – and help them raise funds on the capital market. They perform the following
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Banking on Argentina Background: London based HSBC derives its name from its founding members‚ the Hong Kong and Shanghai Banking Corporation Limited was established in 1865 and it permitted trading between China and Europe. After World War II HSBC expanded and diversified its business into Canada‚ Australia‚ and the United States; and in the 1990’s expanding further into Brazil and Argentina. HSBC entered into Argentina in 1997 because their GDP had just grown by 6.1% in the last 6 years
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DIRECTORATE DIRECTION GÉNÉRALE DE L’EXAMEN REVIEW REVIEW OF CAREER DEVELOPMENT AND SUCCESSION PLANNING PROJECT 65170 FINAL REPORT JULY 2001 REVIEW OF CAREER DEVELOPMENT AND SUCCESSION PLANNING PROJECT 65170 FINAL REPORT JULY 2001 TABLE OF CONTENTS 1.0 EXECUTIVE SUMMARY .....................................................................................................I 2.0 INTRODUCTION.................................................................................................
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[pic] Principles of Banking Functions Performed By Commercial Banks in Bangladesh A brief Study on the overall banking function of the commercial Banks in the Domestic Arena of Bangladesh By: Jewel Chakraborty Section – F. ID No # 072-11-1953 BBA 17th Batch D.I.U 5th June‚ 2008 Md. Shahidul Islam Zahid Course Instructor Principles of Banking Daffodil International University Subject:
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interesting to see a very strong French influence as well. ..* | . A fairly new comer to the world of offshore banking & incorporations‚ Mauritius is quickly becoming recognized as a small but sound jurisdiction. The Mauritius Offshore Business Activities Authority (MOBAA) regulates such matters as investments‚ trust services‚ trading and pooled or mutual fund programs. Banking is regulated by a separate entity‚ namely the Bank of Mauritius‚ which acts as both regulatory body and the central
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March 2012 Electronic Banking or many consumers‚ electronic banking means 24-hour access to cash through an automated teller machine (ATM) or Direct Deposit of paychecks into checking or savings accounts. But electronic banking involves many different types of transactions. Electronic banking‚ also known as electronic fund transfer (EFT)‚ uses computer and electronic technology as a substitute for checks and other paper transactions. EFTs are initiated through devices like cards or codes that
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The Reformed System: Interest Free Banking ………………………………….. Dr. Sirajuddin H Chougle‚ Dr. Abdul Majid Ansari‚ Associate Professors‚ Department of Commerce‚ Maharashtra College‚ Nagpada‚ Mumbai. 400 008.India Contact:sirajchougle@gmail.com ……………………………………………………………………………… Abstract One major problem the world faces today is acute poverty or widening gap between rich and poor. There have been continuous efforts to tackle this issue. The efforts are made to develop a balanced world. Banks
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A REPORT ON OVERVIEW OF BANKING INDUSTRY IN INDIA– PRE NATIONALIZATION‚ NATIONALIZATION AND LIBERALIZATION By Shashank Tiwari Enrollment No: 09bshyd1084 1 A REPORT ON OVERVIEW OF BANKING INDUSTRY IN INDIA– PRE NATIONALIZATION‚ NATIONALIZATION AND LIBERALIZATION By Shashank Tiwari Enrollment No: 09bshyd1084 A report submitted in partial fulfillment of the requirements of MBA Program of IBS – Hyderabad Submitted To Prof. Aruna 2 ACKNOWLEDGEMENT I take this opportunity
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