"Modern Banking In India" Essays and Research Papers

Modern Banking In India

Banking system plays a very significant role in the economy of a country. It is central to a nation’s economy as it caters to the needs of credit for all the sections of the society. Money-lending in one form or the other has evolved along with the history of mankind. Even in the ancient times, there are references to the money-lenders, in the form of sahukars and zamindars who lend money by mortgaging the land property of the borrowers. Towards the beginning of the 20 century, with the onset of...

Agriculture, Bank, Central bank 907  Words | 2  Pages

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traditiona banking vs modern banking

officials who cooperated very well with, by providing any information I needed for my study. My heartfelt gratitude to my mother for giving me financial support and material support which without this study could not have been complete. Department of Banking and Financial Services, fellow students and friends for their motivation and providing me with conducive learning environment. EXECUTIVE SUMMARY The Institute of Finance Management(IFM)...

Bank, Bank run, Central bank 1391  Words | 8  Pages

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Introduction Banking Sector In India

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...

Bank, Bank regulation, Banking 1531  Words | 4  Pages

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Internet Banking in India

NTERNET BANKING IN INDIA: A GLIMPSE OF ITS ADOPTION AND IMPLEMENTATION IN INDIA REFERENCE: Author: Sonal Chawla Lecturer, Dept. of computer science and Applications Punjab University, Chandigarh india INTRODUCTION The banking sector in India has undergone a rapid transformation. Almost a decade ago this area was limited to nationalized banks and cooperative. Then came the multinational banks, but were these limited to serve small elite. One could consider the past as the "Middle Ages"...

Bank, Banks, Central bank 2009  Words | 6  Pages

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Banking in India : Origin & Evolution

ORIGIN AND EVOLUTION OF INDIAN BANKING Opinions differ as to the origin of the work "Banking". The word "Bank" is said to be of Germanic origin, cognate with the French word "Banque" and the Italian word "Banca", both meaning "bench". It is surmised that the word would have drawn its meaning from the practice of the Jewish money-changers of Lombardy, a district in North Italy, who in the middle ages used to do their business sitting on a bench in the market place. Again, the etymological origin...

Bank, Bank regulation, Banks of India 1682  Words | 6  Pages

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Modern Banking

policy the FSA44 regulates financial institutions, including consumer protection and prudential control of the banking sector. The Japanese government created the Financial Supervisory Agency in 1997, to supervise banks and other financial institutions. Part of the Prime Minister’s office, this Agency has taken over the job previously undertaken by the Ministry of Finance and Banking of Japan. The United States assigns responsibility for prudential regulation to several organisations including...

Bank, Central bank, Federal Reserve System 724  Words | 3  Pages

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History of Banking in India

HISTORY OF BANKING IN INDIA Banking is an old as civilization. The practice of money lending, the predecessor of banking has been practiced in india from time immemorial. During the mughal period, the indigenous bankers were faintly prominent in financing the trade and use of instrument for trade. The first bank in india, through conservative was established in1786. From 1786 until today the journey of Indian banking system can be segregated into 3 distinct phase. They are mentioned below, •...

Bank, Bank of England, Bank run 912  Words | 4  Pages

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Growth of Retail Banking in India

RETAIL BANKING Project Work Acceleration, Deceleration & Moderation in the growth of retail credit in India David Varghese 2011PGPRAK004 PGP RAK, IIM INDORE Introduction Retail banking is the mobilization of deposits, lending and provision of financial services by a bank in the retail segment which results in fee-based income. Retail lending has been a great innovation across the globe in the commercial banking sector in recent years. Lending is not a new concept- it has been...

Bank, Credit, Credit bureau 1504  Words | 5  Pages

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Banking Sector Reform in India

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 present some data in support...

Bank, Banking, Banking in India 1416  Words | 4  Pages

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commercial banking sector in india

COMMERCIAL BANKING SECTOR SUMMARY: Banking industry is the blood vascular system of our economy. The banks have played substantial role in the growth of Indian economy. From the meagre start in 1860 the banks have come to long way. The total shape of banking system was changed in 1991 due to the introduction of financial sector reforms as part of the liberalisation process. These reforms were aimed at enhancing the viability and efficiency of our banking system. Although there is a sustainable...

Bank, Banking, Cheque 2056  Words | 6  Pages

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McKinsey Report: India Banking 2010

The Banking Sector in India The Banking sector in India has always been one of the most preferred avenues of employment. In the current decade, this has emerged as a resurgent sector in the Indian economy. As per the McKinsey report ‘India Banking 2010’, the banking sector index has grown at a compounded annual rate of over 51 per cent since the year 2001, as compared to a 27 per cent growth in the market index during the same period. It is projected that the sector has the potential to account...

Bank, Banks of India, Central bank 843  Words | 3  Pages

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Globalization of Modern Day India

Globalization of Modern Day India Globalization can be traced back to the ancient world from the beginning of civilizations to today’s modern age. Trade between cultures, migration from one area to another and intercultural contact (shared knowledge of technology, religion, etc.) have existed for thousands of years. These occurrences prove that many areas of the world were and still are involved in a global network. Globalization describes the process by which different parts of the globe become...

Economic growth, Economics, Economies 1929  Words | 6  Pages

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India and Modern Science

To start with it should be mentioned that India’s history of science and technology has special features such as: 1. India belongs to one of the oldest civilized cultures with a long tradition in science and technology. Her history of science can be studied in a different context compared to that of other modern civilizations. 2. For a long time, India was under the influence of foreign cultures. The history of Indian science and technology is the history of transfer of technical knowledge ...

History, History of science, History of science and technology 517  Words | 3  Pages

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Investment Banking in India

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...

Bank, Bank of America, Bear Stearns 966  Words | 3  Pages

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Current Developments in Corporate Banking in India

Current Developments in Cooperative Banking in India Mandira Sarma Indian Council for Research on International Economic Relations (ICRIER) Core 6A, India Habitat Centre, Lodi Road, New Delhi 110 003 India mandira@icrier.res.in •First •Prev •Next •Last •Go Back •Full Screen •Close •Quit • The cooperative banks/credit institutions constitutes the second segment of Indian banking system, comprising of about 14% of the total banking sector asset (March 2007). • Bulk of the cooperative...

Bank, Banking in India, Cooperative 1061  Words | 5  Pages

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banking in india

INTRODUCTION BANKING SYSTEM IN INDIA What is a bank ? A bank is a financial institution that provides banking and other financial services to their customers. A bank is generally understood as an institution which provides fundamental banking services such as accepting deposits and providing loans. There are also nonbanking institutions that provide certain banking services without meeting the legal definition of a bank. Banks are a subset of the financial...

Bank, Bank run, Banking 5662  Words | 19  Pages

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THE INDIAN BANKING INDUSTRY The last decade has seen many positive developments in the Indian banking sector. The growth in the Indian Banking Industry has been more qualitative than quantitative and it is expected to remain the same in the coming years. Based on the projections made in the "India Vision 2020" prepared by the Planning Commission, the report forecasts that the pace of expansion in the balance-sheets of banks is likely to decelerate. The total assets of all scheduled commercial banks...

Bank, Banking, Banking in India 893  Words | 3  Pages

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Banking Overview And Historical Perspective

Banking Overview The major participants of the Indian financial system are the commercial banks, the financial institutions (FIs), encompassing term-lending institutions, investment institutions, specialized financial institutions and the state-level development banks, Non-Bank Financial Companies (NBFCs) and other market intermediaries such as the stock brokers and money-lenders. The commercial banks and certain variants of NBFCs are among the oldest of the market participants. The FIs, on the...

Bank, Bank regulation, Bank run 696  Words | 3  Pages

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Role of Advertisement in Modern India.

ecologists). In this sense, the biosphere is but one of four separate components of the geochemical model, the other three beinglithosphere, hydrosphere, and atmosphere. The narrow meaning used by geochemists is one of the consequences of specialization in modern science. Some might prefer the word ecosphere, coined in the 1960s, as all encompassing of both biological and physical components of the planet. The Second International Conference on Closed Life Systems defined biospherics as the science and technology...

Biosphere, Earth, Ecology 1057  Words | 3  Pages

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Vivekananda's thougts for modern india

challenging task.  One, Swami Vivekananda  taught on both broad and very deep aspects (not restricted to India alone) encompassing Spiritualism, Universal values, Religion, Character building, Education, Spirit of Service and Social issues – it is not possible to cover all these in a small essay. Two, his teachings influenced contemporaries, inspired innumerable followers & started off movements all over India (continuing to do so even to the present day) and, as such, it is difficult to clearly say what...

Education, Hindu, Hinduism 1403  Words | 4  Pages

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Mahatma Gandhi - Father of Modern India

Gandhi – Father of Modern India – Sky W. During the late 1800’s, India was yet again being taken over by another conquering nation (Britain). The British were not the first to do this, but followed in the footsteps of the Greek and Persian invasions of the 5th Century BC. Though the control factor remained the same, the way the British went about doing it – gradual and subtle – was not the same method the Persians or the Greeks used of an immediate and simple takeover. If India were to retrieve...

British Raj, Civil disobedience, East India Company 1745  Words | 5  Pages

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Modern India & Geography

etPd fhy ,e;jpa tuyhW ,e;jpa Rje;jpug; nghuhl;l fhyj;jpy; bjhl';fg;gl;l gj;jphpf;iffSk; mtw;iwj; bjhl';fpath;fSk; ♦ a'; ,e;jpah (Young India) - fhe;jp$p ♦ epa{ ,e;jpah (New India) - md;dpbgrd;l; ♦ ,e;jpah - ghujpahh; ♦ nfrhp/ kuhl;lh - ghyf';fhju jpyfh; ♦ ne#dy; bQuhy;l; (National Herald) - $tQh;yhy; neU ♦ ,z;obgd;ld;l; (Independent) - nkhjpyhy; neU ♦ bg';fhyp (Bengalee) - Rnue;jpuehj;ghdh;$p ♦ jp Qpz;L (The Hindu) - Rg;gpukzpa Iah; ♦ my;Qpyhy; (Al Hilal) - mg[yfyhk; M!hj; ; ♦ etrf;jp/ njrgf;jd;...

2582  Words | 6  Pages

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On "Education" in "Modern" India!

different subjects, philosophy and mathematics, but the very same person.” Indeed, today we do lack such people, for the very fact that, India today is not the divine land where knowledge is respected – the land where the greatest university of the time exists, but a machine designed ages ago, to churn out Indian Civil Service workers, extended beyond into independent India by mistake (rather ignorance and lack of understanding), and united with the pre-ancient Indian processes of rote-learning, to make...

Accept, Education, Learning 2584  Words | 6  Pages

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Banking in India

effective banking system. From 1786 till today, the journey of Indian Banking System can be segregated into three phases: Early phase of Indian banks, from 1786 to 1969 Nationalization of banks and the banking sector reforms, from 1969 to 1991 New phase of Indian banking system, with the reforms after 1991 The first bank in India, the General Bank of India, was set up in 1786.  The East India Company established a number of banks which were amalgamated to form Imperial Bank of India, today’s State...

Bank, Bank regulation, Bank run 650  Words | 2  Pages

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E.E-BANKING: There is no official definition of this term, but it generally implies a service that allows customers to use some form of computer to access account-specific information and possibly conduct transactions form a remote location – such as home or at the workplace. The obvious advantage to the consumer is convenience – one bank recently used the advertising motto “bank naked” to emphasize the customer’s freedom to conduct routine banking transactions from the comfort and security of...

Automated teller machine, Bank, Banking technology 843  Words | 3  Pages

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History of Banking

History of Banking MONETARY The history of banking depends on the history of money-  Two of the earliest things understood as available to barter are -Grain-Money -Food Cattle-Money ((((Grain-money and food cattle-money are used from at least 9000 BC)))) Anatolian Obsidian as a raw material for stone-age tools being distributed as early as 12,500 B.C., with organized trade occurring in the 9th millennium. ((((In Sardinia one of the four main sites for sourcing the material deposits of obsidian...

2nd millennium, Bank, Banking 1003  Words | 5  Pages

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India, “The land of Lords” is the world’s ancient civilization. India is also the land of various cultural diversities, where you will find a beautiful contrast of customary and contemporary ingredients. It is a place where you experience spirituality and solitude together. India is a land with legendary sagas, rich rituals, distinct cultures, various festivals and ceremonies. Also a land of historical monuments, architectural miracles and rich historical past. Let us know more about India 5,000...

Hinduism, History of India, India 845  Words | 3  Pages

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State Bank of India

STATE BANK OF INDIA The origin of the State Bank of India goes back to the first decade of the nineteenth century with the establishment of the Bank of Calcutta in Calcutta on 2 June 1806. Three years later the bank received its charter and was re-designed as the Bank of Bengal (2 January 1809). A unique institution, it was the first joint-stock bank of British India sponsored by the Government of Bengal. The Bank of Bombay (15 April 1840) and the Bank of Madras (1 July 1843) followed the Bank...

Bank, Bond, Cheque 1084  Words | 6  Pages

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Importance of Information Technology in Banking

Today’s business environment is very dynamic and undergoes rapid changes as a result of technological innovation, increased awareness and demands from customers. Business organisations, especially the banking industry of the 21st century operates in a complex and competitive environment characterized by these changing conditions and highly unpredictable economic climate. Information and Communication Technology (ICT) is at the centre of this global change curve. Laudon and Laudon, (1991) contend ...

Bank, Banking technology, Cheque 2046  Words | 7  Pages

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History of Banking in India

Structure of the organised banking sector in India. Number of banks are in brackets. Banking in India From Wikipedia, the free encyclopedia Banking in India originated in the last decades of the 18th century. The oldest bank in existence in India is the State Bank of India, a government-owned bank that traces its origins back to June 1806 and that is the largest commercial bank in the country. Central banking is the responsibility of the Reserve Bank of India, which in 1935 formally took...

Bank, Bank run, Banks of India 2475  Words | 8  Pages

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banking in india

Of India As A Regulator Introduction The regulators of the Indian financial sector are the Reserve Bank of India, the Ministry of Finance (Income Tax Department), Foreign Exchange Dealers Association of India, Deposit Insurance and Credit Guarantee Corporation, Fixed Income Money Market and Derivatives Association of India and the Clearing Corporation of India Ltd. This paper shall deal with the most important of these regulators, the Reserve Bank of India. The Reserve Bank of India (RBI)...

Bank, Bank run, Central bank 3045  Words | 9  Pages

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Indian Banking Sector Reforms

EXECUTIVE SUMMARY A retrospect of the events clearly indicates that the Indian banking sector has come far away from the days of nationalization. The Narasimham Committee laid the foundation for the reformation of the Indian banking sector. Constituted in 1991, the Committee submitted two reports, in 1992 and 1998, which laid significant thrust on enhancing the efficiency and viability of the banking sector. As the international standards became prevalent, banks had to unlearn their traditional...

Bank, Banking, Banking in India 654  Words | 3  Pages

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The leaders of our freedom movement, under the stewardship of Mahatma Gandhi, had dreamt of an independent and prosperous India. On this day in 1947, Pandit Jawaharlal Nehru took the first step towards the realization of that dream by hoisting the Tricolour at the Red Fort. The journey we began on 15 August, 1947 is now 65 years old. We have achieved much in these 65 years. Today is certainly a day to celebrate the success of our democracy. However, on this occasion we should also introspect about...

Democracy, India, Indian independence movement 1199  Words | 3  Pages

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Modern Banking

Introduction1 The term ‘‘banking’’ can be applied to a large range of financial institutions, from savings and loans organisations to the large money-centre commercial banks in the USA, or from the smallest mutually owned building society to the ‘‘big four’’ shareholder owned banks in the UK. Many European countries have large regional/cooperative banks in addition to three to five universal banks. In Japan, the bank with the largest retail network is Sumitomo Mitsui Banking Corporation,2 but its main...

Bank, Bank of England, Banking 19147  Words | 64  Pages

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History of Banking in India

Industrial Profile HISTORY OF BANKING IN INDIA Without a sound and effective banking system in India it cannot have a healthy economy. The banking system of India should not only be hassle free but it should be able to meet new challenges posed by the technology and any other external and internal factors. For the past three decades India’s banking system has several outstanding achievements to its credit. The most striking is its extensive reach. It is no longer confined to only metropolitans...

Bank, Bank run, Banking in India 2982  Words | 14  Pages

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Progress of Banking in India

28 PROGRESS OF BANKING IN INDIA: CUSTOMERS’ PERSPECTIVES Associatet Professor Department of Business Administration Sanskriti School of Business, Vadodara(Gujrat) Email: komal29m@rediffmail.com Business Intelligence Journal January Dr. Komal Assistant Professor Department of Humanities JMIT Radaur Dr. Vandna Rani Abstract The present paper is concerned with the various ways of doing banking electronically. This paper has been divided into four sections dealing with four aspects...

Bank, Banking, Banking in India 5461  Words | 22  Pages

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The Modern India

social and political unrest in India. The political expansion of the East India Company at the expense of native princes and of the Mughal court aroused Hindu and Muslim alike, the harsh land policies, as well as the rapid introduction of European civilization, threatened traditional India. The technological changes and progresses that were made in the Revolt were quite extraordinary. When you start to look into it a notable aspect of the technological progress in India was its dependence on state...

British Empire, Colonialism, Colony 599  Words | 2  Pages

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Banking in India: the General Banking Functions

Project Report On “THE GENERAL BANKING FUNCTION” Prepared By: Vishal Panchal B.B.A. 3rd Year Submitted to: Dr. Babasaheb Ambedkar Open Univercity July 2007 ❖ DECLARATION I, Kamaliya Paresh A., hereby declare that the Summer Project Report work undergone at Rajkot Nagarik Sahakari Bank Ltd.., presented is carried by my own experiences and observation in the bank. This Summer Project Report is submitted as a part of Management study curriculum and as partial fulfilment...

Bank, Bank run, Banking 13904  Words | 62  Pages

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Central Banking

INTRODUCTION Central Banking is one of the most useful institutions which human ingenuity has developed to help the society in managing its collective financial affairs. Every country, these days has a Central Bank which controls its entire banking system. Few countries had a Central Bank in the 19th century, but the popularity of the Central Bank has greatly increased in the 20th century. Today, there is hardly any country in the world which does not have a Central Bank of its own. After the...

Bank, Central bank, Federal Reserve System 2107  Words | 7  Pages

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Search (Ex: crystalline silicon solar) Search Within This Collection Advanced Search DSpace@MIT Essays on banking Research and Teaching Output of the MIT Community Home → MIT Libraries → MIT Theses → Theses - Sloan School of Management → Management - Ph.D. / Sc.D. → View Item Essays on banking Download Author: Erel, Isil Citable URI: http://hdl.handle.net/1721.1/34145 Other Contributors: Sloan School of Management. Advisor: Stewart...

Banking, Basel II, Capital adequacy ratio 749  Words | 4  Pages

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Review of Literature of Indian Banking System After Liberalisation

Functions of a Bank Banking Sector in India The Role of Banking in an Economy Role of Banks in the Indian Economy The Role Of Central Bank In Indian Banking System (RBI) Basel Norms and Banking in India Recent Developments In The Indian Banking Industry Government Initiatives Challenges and Opportunities for Players Scenario Planning Of Banking Sector: 2010 Challenges Faced By the Indian Banking Industry Strategies Undertaken by Banks to Tackle the Challenges Public Sector Banks in India Evolution of the...

Bank, Banking, Banking in India 1687  Words | 6  Pages

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Banking Structure in India

Supply, and Analysis of Market Structure of the Indian banking Industry Submitted By: Analyze the demand & supply of ICICI bank and understand the market structure of banking industry. Rishabh Nagori – 12P163 Rohan Khandelwal – 12P164 Saket Saurabh – 12P165 Saurabh Arora – 12P166 Saurabh Saxena – 12P167 Saurav Kumar Singh – 12P168 Demand, Supply, and Analysis of Market Structure of the Indian banking Industry Contents Overview of banking ......................................................

Bank, Banking, Central bank 4158  Words | 13  Pages

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religion from Islam to Hinduism. It was just a case of a change of name by an affidavit. And so Feroze Khan became Feroze Gandhi, though it is an inconsistent name like Bismillah Sarma. Both changed their names to fool the public of India. When they returned to India, a mock vedic marriage was instituted for public consumption. Thus, Indira and her descendants got the fancy name Gandhi. Both Nehru and Gandhi are fancy names. As a chameleon changes its colour, this dynasty have been changing its name...

Allahabad, Indian National Congress, Indira Gandhi 2395  Words | 7  Pages

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Banking Sector in India today

 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...

Bank, Bank regulation, Banking 4423  Words | 13  Pages

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Marketing Of Banking Services

MARKETING OF BANKING SERVICES. 1. Introduction.  Bank Marketing.  Why Bank Marketing.  Features of Bank Marketing.  Services.  Characteristics of Services.  Difference between Product and Services. 2. Marketing.  Features.  Marketing of Tools and Techniques.  Marketing Mix in Banking.  Growth of Service Market.  Marketing Approach in Banks. 3. Justification for Marketing the Banking Services.  Satisfaction of Customer Needs.  Bank Marketing in the Indian Perspective. 4. Articles...

Bank, Banking, Finance 2078  Words | 7  Pages

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Investment Banking

What is Investment Banking “A specific division of banking related to the creation of capital for other companies. Investment banks underwrite new debt and equity securities for all types of corporations. Investment banks also provide guidance to issuers regarding the issue and placement of stock.” An investment bank is a financial institution that helps companies take new bond or stock issues to market, usually acting as the intermediary between the issuer and investors. In addition to the services...

Bank, Banking, Bond 1780  Words | 6  Pages

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Merchant Banking in India

Merchant Banking In India • Merchant Banking In India: The merchant banker are those financial intermediary involved with the activity of transferring capital funds to those borrowers who are interested in borrowing. The activities of the merchant banking in India is very vast in nature of which includes the following a) The management of the customers securities b) The management of the portfolio, c) The management of projects and counseling as well as appraisal d) The management of underwriting...

Bank, Bond, Commercial bank 3675  Words | 12  Pages

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Universal Banking

like to thank the almighty for giving us courage. Index Introduction Universal Banking is a multi-purpose and multi-functional financial supermarket (a company offering a wide range of financial services e.g. stock, insurance and real-estate brokerage) providing both banking and financial services through a single window. Definition of Universal Banking: As per the World Bank, "In Universal Banking, large banks operate extensive network of branches, provide many different services, hold...

Bank, Banking, Credit union 1286  Words | 5  Pages

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Core Banking

Core Banking System Meaning:- Core banking is a general term used to describe the services provided by a group of networked bank branches. Bank customers may access their funds and other simple transactions from any of the member branch offices. Core Banking system or CBS is one of the recent developments in the field of banking, and has proved to be very useful. It is a facility provided by banks in which a person, having an account in one branch, can operate his account, in another...

Bank, Central bank, Fractional-reserve banking 1380  Words | 6  Pages

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Innovations in Customer Services in Indian Banking Sector

Services in Indian Banking Sector Satisfied customers are the best guarantee for the stability and growth. Customers will be satisfied only when the banks provide the customized and innovative products and services at responsible cost. This article focuses on the kind of services provided by developed countries and level of innovative services provided by Indian banks. Many innovative services are currently available from Indian banks like E-Banking, ATMs, Anywhere Banking etc., but there is a...

Bank, Banking in India, Cheque 1902  Words | 5  Pages

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Retail Banking in India

OF BANKING Banks are among the main participants of the financial system in India. Banking offers several facilities and opportunities. Banks in India were started on the British pattern in the beginning of the 19th century. The first half of the 19th century, The East India Company established 3 banks The Bank of Bengal, The Bank of Bombay and The Bank of Madras. These three banks were known as Presidency Banks. In 1920 these three banks were amalgamated and The Imperial Bank of India was...

Bank, Bank regulation, Banking 9397  Words | 28  Pages

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online banking

of e-Banking Channels in e-Banking available in Nepal Automated Teller Machines (ATM) Point of Sales (PoS) Telephone Banking (Tele Banking) Internet Banking Mobile Banking (SMS Banking) Current Status of e-Banking Services Provided in e-Banking In ATMs Cash Withdrawal Balance Inquiry Fund Transfer is not available. In PoS Terminals Financial transactions are made via Cards. Cash is debited from the client’s account(s). Cash cannot be deposited. Services Provided in e-Banking (contd…) ...

Bank, Banking, Cheque 1291  Words | 6  Pages

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Cash Management Practice in India

CASH MANAGEMENT PRACTICES IN INDIA Cash management refers to a broad area of finance involving the collection, handling, and usage of cash. It involves assessing market liquidity, cash flow, and investments. Cash management, or treasury management, is a Marketing term for certain services related to ...

Bank, Banking, Cheque 1752  Words | 6  Pages

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Jessica Shaw December 3, 2011 Individual Project Ale and Lager Beer in India Beer first appeared in India in the mid-1700’s, during the early years of the British Empire. The demand of beer came from the British troops and other British officials who were suffering in the blistering heat of the Indian climate. The demand for beer was at such a high rate that a British distributor, George Hogson, developed a special type of beer in his brewery in London, England. The beer was dubbed Indian...

Ale, Beer, Beer style 1313  Words | 4  Pages

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Reforms in Banking Sector in India

IN INDIAN BANKING 4.1 GROWTH OF BANKING SYSTEM IN INDIA : In order to understand present make up of banking sector in India and its past progress, it will be fitness of things to look at its development in a somewhat longer historical perspective. The past four decades and particularly the last two decades witnessed cataclysmic change in the face of commercial banking all over the world. Indian banking system has also followed the same trend. In over five decades since dependence, banking system in...

Bank, Banks, Capital market 12575  Words | 33  Pages

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The House of Morgan: an American Banking Dynasty and the Rise of Modern Finance by Ron Chernov

The House of Morgan: An American Banking Dynasty and the Rise of Modern Finance by Ron Chernov is a history of the modern banking system in the US from 1838 to 1989 told through the history of the J.P Morgan bank. The book chronicles the bank beginning in the baronial age which ended with the death of J. Pierpont Morgan in 1913, the diplomatic age from 1913 to 1948, and the post war casino age from 1948 to 1989, when the book was written. There were three significant events that shaped the future...

Bank, Banking, Central bank 942  Words | 3  Pages

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Rulal Banking

Rural Banking - College Essays - Anilanayath Get Access to StudyMode.com - Complete Your Registration Now. Hi peeyushlohani Essays Book Notes Citation Generator More Search 1 100 000 Essays Essays » Chemistry Rural Banking Report | By anilanayath, March 2012 | 43 Pages (10,516 Words) | 734 Views | School: mumbai | Course Title: banking | Professor: champak| This is a Premium essay for upgraded members Upgrade to access full essay RURAL BANKING IN INDIA Introduction...

Bank, Citation, Ecology 622  Words | 4  Pages

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Lpg in India Liberlization Privatization Globalization

LPG and its Impact on India Liberalization, Privatization and Globalization (LPG) have become dominant forces shaping societies and economies the world over. These three processes are interrelated. Globalized economies are likely to be more privatized and liberalized economies. Rapid growth and poverty reduction in China, India, and other countries that were poor 20 years ago, has been a positive aspect of Liberalization Privatization and Globalization (LPG). India opened up the economy in...

Economics, Financial services, Foreign direct investment 751  Words | 3  Pages

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years of Independence! What did we achieve in these 65 years is a rhetorical question for which answers can be affirmative and negative. No doubt that India is a safer country, a country where the living cost is cheaper. This is the place where you can have the speech freedom complaining the system without providing any suggestions or alternative. India is fast developing and all Indians dream of becoming a developed nation by 2020, it’s high time for we Indians to think whether we can achieve this...

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Marketing in Banking in India

MARKETING STRATEGIES OF THE BANKING INDUSTRY Banking Industry is one of the most important service industries which touches the lives of inillions of people. Its service is unique both in social and economic points of view of a nation. Earlier the attitude of banking service was that it was not professional to sell one's services and was unnecessary in the sense that traditional relationships and quality of products were sufficient to carry forward the tasks. Before the mid 1950's the banks had...

Bank, Banking, Cheque 12067  Words | 50  Pages

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