What are the pros and cons of banking regulations stipulated by the central bank? Comment on the statement that regulations imposed on banks should be based on a strategic regulatory framework so as to be disclosed‚ transparent‚ equitable and predictable. -Pros and cons of banking regulations stipulated by the central bank: Pros: Central bank is one of the organizations which is in charge of making and maintaining bank regulation. Regulation helps to protect the public against loss through some
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Organization structure Organization structure is the formal pattern of interactions and co-ordination designed by management to link the tasks of individuals and groups in achieving organizational goals Organization structure consists of four elements: ❖ The assignment of task and responsibilities that define the jobs of individuals and units. ❖ The clustering of individual positions into units and of units into departments and larger units to form an organizations hierarchy. ❖
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I. Overview of Commercial Banks: 1. Concept: Based on the law of Credit Institutions: Commercial bank is a type of credit institution which made the whole banking and monetary operations related. Based on the activity content: Commercial bank is a type of bank which make direct transactions with companies‚ enterprises‚ economic organizations and individuals‚ by taking deposits‚ savings‚ and then use that capital to lend ‚ discounts‚ provide means of payment and supply banking services for
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STUDY ON INNOVATIVE PRODUCT AND SERVICES IN AXIS BANK Executive Summary The project is based on the product and services of Axis bank. AXIS Bank is India’s third largest private sector bank. It started its operation in 1994 and after that‚ the Government of India allowed new private banks to be established. Before it was as United Trust of India (UTI) bank that had a special position in the Indian capital markets and has promoted
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concretization. In contrast‚ information becomes increasingly diffuse as it flows from top to bottom. Since the information system is specific to an organization‚ organizational structure and behaviour have to be explicitly considered in designing an MIS Mis as a pyramid MIS design should be specific to an organization‚ respecting its age‚ structure‚ and operations. Six strategies for determining MIS design : - • Organization-chart approach Using this approach‚ the MIS is designed based on the
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BRITISH BANKS: CRACKING THE OLIGOPOLY Student: Aruni Dileepa Wijeweera - 16639300 Student: Elie Gharib - 16443365 Student: Ying Sheng - 17903022 Lecturer: Dr. Neil Perry Economics 200425 Due Date: 18th November 2013 United Kingdom (UK) banking industry started in 1694 with the establishment of Bank of England‚ with the main purpose of funding the war against France. Throughout the years and with the expansion of the banking industry‚ many private banks invaded the
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Some form of organizational culture and structure exist in every organization. Successful organizations are often credited with having an appropriate organizational culture and/or structure in place that allows them to reach success. Many companies can believe that they have the needed structure in place to assure success; yet they fail where others succeed. Some work very well‚ and some just do not work at all. For any organizational culture and structure to function properly‚ it seems as though
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right after their order is taken‚ hence explains the term fast food. McDonald’s has two structures at two different levels; the first is at the corporate level and the second‚ restaurant level. The corporate’s current design type is functional while the restaurant’s current design type is divisional. Image 1: McDonald’s Corporate Structure The image above illustrates a hierarchy in McDonald’s corporate structure. It consists of the Chief Executive Officer (CEO) on top followed by the chairman of
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“Organizational Structure” | Project Management Process in Organizations | | Organizational Structure Paper: The development of a large-scale information system involves some unique features that are particularly difficult to manage. It involves large project management teams; it is challenging to measure progress or quality short of completion; if not done right the first time‚ costs increase exponentially; it has historically been plagued with high turnover of personnel; and it requires
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ALLAHABAD BANK About Allahabad Bank Allahabad Bank is one of the premier nationalized banks in India. It is also the oldest joint stock bank of India. It was incorporated by a group of Europeans at Allahabad on April 24‚ 1865. It was the time Indian economy had started shifting towards organized trade and business affairs. After some years in 1920‚ the P&O Bank brought Allahabad Bank and its headquarters at Kolkata. The Allahabad bank got an entirely new identity when it was nationalized in
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