CHAPTER 1 INTRODUCTION OF BANKING SECTOR IN INDIA Banking in India originated in the last decades of the 18th century. The first banks were The General Bank of India‚ which started in 1786‚ and Bank of Hindustan‚ which started in 1790; both are now defunct. The oldest bank in existence in India is the State Bank of India‚ which originated in the Bank of Calcutta in June 1806‚ which almost immediately became the Bank of Bengal. This was one of the three presidency banks‚ the other two being the Bank
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Banking industry begins to show signs of slowdown After witnessing a strong growth during last few years‚ the banking industry has now started showing signs of slowdown‚ as deposits‚ assets‚ investment and profitability of banking sector is on decline while credit risk‚ market risk‚ interest risk‚ NPLs and advances are widening. According to the assessment of the State Bank of Pakistan’s Quarterly Performance Review of the Banking System (July-September 2008)‚ released on Thursday‚ due to
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P6 & M3: Political‚ legal and social factors impacting the business There is a range of influences that can affect the business in the business environment. Usually these influences cannot be controlled by the business itself. In P5 and M2 tasks I have presented the different economic impacts‚ and now I will present the political‚ legal and social factors in my P6‚ M3 and D2 tasks. Political factors There are 3 types of government that affect the country and these are Local‚ National Government
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Banking Sector in India History‚ Evolution‚ Opportunities & Challenges Submitted by Mayank Kishore B039 Vivek Manjarekar B041 Anshu Kumar Sinha B064 Table of Contents Evolutionary Phase 3 Foundation Phase 3 Nationalization of Banks 4 Effect of nationalization 5 Reformatory Phase 5 First generation reforms 5 Impact of first generation reforms 6 Second generation reforms 7 Review of second generation reforms 10 Opportunities & Challenges 11 New banking licenses & key guidelines 11
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both in the industrial sector and the financial sector‚ released a variety of forces that propelled India into a new growth trajectory.2 In this paper‚ we are going to assess the role that the banks played in making this growth happen and the impact that these reforms had on banks. We start with a brief history of banking regulation in India. We then move on to outline some of the principal reforms that were implemented in the 1990s and their impact on the banking sector. Although this section does
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classification of businesses is into the primary‚ secondary‚ tertiary sectors. I have chosen 5 Businesses which are: 1. eBay 2. ASDA 3. Beekeeping 4. Oxfam 5. Potter Primary:- Extraction or collection of raw material natural Resources e.g. Coal mining‚ oil rigs‚ farming‚ fishery‚ forestry mining. Secondary:- Manufacturing and construction taking things this may be from raw materials of other manufactures Tertiary sectors:- Service industries providing services for other people financial
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MODULE -3 Business Around Us Notes 3 BUSINESS ENVIRONMENT nderstanding the environment within which the business has to operate is very important for running a business unit successfully at any place. Because‚ the environmental factors influence almost every aspect of business‚ be it its nature‚ its location‚ the prices of products‚ the distribution system‚ or the personnel policies. Hence it is important to learn about the various components of the business environment‚ which consists of the economic
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Introduction Business environment is the combination of internal and external factors that influence a company ’s operating situation. The business environment can include factors such as clients and suppliers‚ its competition and owners‚ improvements in technology‚ laws and government activities and market‚ social and economic trends. Environmental forces of political‚ economic‚ social‚ and technological factors. These factors are outside the control of the business. The business can’t do much
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IMPACT OF TECHNOLOGY IN INDIAN BANKING SECTOR LAVANYA. D(AUTHOR) RESEARCH SCHOLAR ST.PETERS UNIVERSITY‚ CHENNAI & Dr. R. GAYATHRI(CO-AUTHOR) ST.PETERS COLLEGE OF ENGINEERING AND TECHNOLOGY. CHENNAI LIST OF CONTENTS SL.NO PARTICULARS PAGE NO 1. PROJECT ABSTRACT 3 2. VARIOUS METHODS OF MONEY 4-6 TRANSFER THROUGH ONLINE 3. NEFT/RTGS 7-8 4. EXAMPLE 8-10 5.
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(1)What is a Business Environment? Answer A Business Environment is the physical and operational factors‚ both internal and external‚ that affect the flow of activities in a business. They include; customers‚ competitors‚ suppliers‚ distributors‚ industry trends‚ substitutes‚ regulations‚ government activities‚ the economy‚ demographics‚ social and cultural factors‚ innovations and technological developments. (2)What Are the Types of External Business Environments? Answer There are many types
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