e-Circular PBU-LIABILITIES/INVESTMENT PRODUCTSMASS AFFLUENT Sl. No. : 150/2005 - 06 Circular No. : NBG/PBU/LIMA-DEPOSITS/1/2005 - 06 Friday‚ July 22‚ 2005. . NBG/PBBU/LI-MA Circular no.1 of 2005-06 Date: 19/07/2005 The Chief General Manager‚ State Bank of India‚ Local Head Office‚ All Circles. Dear Sir‚ CORE BANKING SOLUTION (CBS) PERSONAL BANKING NEW PRODUCT: CORE-POWER VALUE-ADDED SERVICES TO SAVINGS BANK/ CURRENT ACCOUNT HOLDERS As you are aware‚ Core Banking Solution (CBS)
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Mortgage by depositing Title-Deeds In mortgage by deposit of title deeds‚ there is simply a deposit of the document of title without anything more‚ without writing or without any other such formalities. This title deed creates a security. * How is this mortgage by deposit of title deed more useful? If a person is faced with the sudden necessity of money and has no time in hand to prepare a mortgage- deed ‚ this type of mortgage is an expedient way evolved by the legislature- a way which does
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Date: Acknowledgement of the Student It is with real pleasure that‚ I record my indebtedness to my academic Guide‚ Prof. Mr_________________ for his counsel and guidance during the preparation of this project. My thanks are due to (those who have helped in collecting data or analysis or typesetting etc.) Signature of the Student________________ Place: Name: CERTIFICATE Certified that this Project on Foreign Direct Investment is a work
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REMOTE DEPOSIT CAPTURE PROJECT Part 1: Project Integration Management Recently‚ several banks have started offering customers remote deposit capture. With this new service‚ customers do not have to physically go to banks or ATM machines to deposit checks anymore. Instead‚ they can send checks as a scanned image through an Internet portal provided by the bank. This technology can save banks and customers time and money making the transactions. Blue Bank is considering implementing this new service
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Definition of ’Bank Deposits’ Money placed into a banking institution for safekeeping. Bank deposits are made to deposit accounts at a banking institution‚ such as savings accounts‚ checking accounts and money market accounts. The account holder has the right to withdraw any deposited funds‚ as set forth in the terms and conditions of the account. The "deposit" itself is a liability owed by the bank to the depositor (the person or entity that made the deposit)‚ and refers to this liability rather
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Bank’s deposits can be explained as ‘’ Money placed into a banking institution for safekeeping.’’ (investopedia.com)‚ and funding from the interbank market deals. Customers can deposit their money with the bank in a variety of accounts that most suit their needs. The bank in turn uses the money for its own investments‚ such as granting loans to customers and the interest rate is a way of compensating people for the use of their funds by the bank. In essence‚ the bank is borrowing money from depositors
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------------------------------------------------- ------------------------------------------------- CÔNG TRÌNH DỰ THI GIẢI THƯỞNG “SINH VIÊN NGHIÊN CỨU KHOA HỌC” NĂM 2010 ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- Tên công trình: -------------------------------------------------
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tutor at the university. He earns $25 000 per year from this activity. He also recently competed in a television game show called Temptation and won $50‚000 (lucky!). He is considering three alternative courses of action‚ investing in long term bank deposit which pays 6% interest per year‚ investing in the share market or starting his own tutoring business. He wants to maximise his financial return. He enjoys teaching and interacting with students and would like to continue tutoring. Investing in
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What is the economic rationale for government-backed deposit insurance? Case Study: The Federal Deposit Insurance Corporation (FDIC) The most important government agency is The Federal Deposit Insurance Corporation‚ whereby each depositor is insured to at least $250‚000 per insured bank in the case that a financial intermediary should fail. This protects people’s deposits so that they do not face a great financial loss. * When a bank fails it means they are unable to meet their obligations
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