economic crisis to its status of third largest economy in the world by 2011‚ India has grown significantly in terms of economic development. So has its banking sector. During this period‚ recognizing the evolving needs of the sector‚ the Finance Ministry of Government of India (GOI) set up various committees with the task of analyzing India’s banking sector and recommending legislation and regulations to make it more effective‚ competitive and efficient.[1] Two such expert Committees were set up under
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has their own dedicated target market. Few of them only work in rural sector while others in both rural as well as urban. Many even are only catering in cities. Some are of Indian origin and some are foreign players. India’s economy has been one of the stars of global economics in recent years. It has grown by more than 9% for three years running. The economy of India is as diverse as it is large‚ with a number of major sectors including manufacturing industries‚ agriculture‚ textiles and handicrafts
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INNOVATIONS IN BANKING SECTOR INTRODUCTION The term innovation means”to make something new”. Banks no longer restricted themselves to traditional banking activities but explored newer avenues to increase business and capture new market. INDIAN BANKING SECTOR From 1806 qualitative & quantitative changes have been taken place. With 1935 regulation RBI was proclaimed as central bank of India. In 1990’s greater emphasis was placed on technology & innovation. New concepts like personal banking‚ retail
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Pakistan Banking sector Compiled by: Consulate General of Switzerland Karachi‚ 25th February 2011 1. ECONOMIC OVERVIEW: Pakistan’s economy has been predominantly agrarian. Since Pakistan came into existence‚ the contribution of the agricultural sector to the GDP has declined gradually from over 50 percent in 1949-1950 to about 22 percent in the fiscal year 2009-10 (July 2009-June 2010). However‚ agriculture still remains the major sector of the GDP composition. Other economic sectors include
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GROUP PROJECT ON MIS IN BANKING SECTOR Submitted By Md. Akhtar Asif ID: 1110837030 Ishtiak Khan ID: 1220203030 Md. Aqibul Haque ID: 1130442030 Jobayer Bin Hasnat ID: 1220494030 Rafat Mafruz ID: 053467045 Submitted To Instructor: Ashik Imran Khan
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[pic] [pic] An ISO 9001 : 2008 Certified [pic] Contact Us Mr. Rajesh Khanna (Director) Tokai Engineering Private Limited Address : Plot No. 123‚ Sector-6‚ I. M. T.‚ Manesar Gurgaon‚ Haryana - 122 050 (India) Phone : +(91)-(124)-4367800 Fax : +(91)-(124)-4367808 Mobile :+(91)-9215548687 Click to Call Free Send SMS / Text Message E-Mail : md@tokaiengineering.com‚ surya@tokaiengineering.com We‚ Tokai Engineering Private Limited is an ISO 9001 : 2008 certified company engaged
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BANKING SECTOR REFORMS AND NPA: A STUDY OF INDIAN COMMERCIAL BANKS Meenakshi Rajeev and H P Mahesh 1 Abstract The issue of non-performing assets (NPA)‚ the root cause of the recent global financial crisis‚ has been drawing the attention of the policy makers and academicians alike. The problem of NPAs‚ which was ignored till recently‚has been given considerable attention after liberalisation of the financial sector in India. This exploratory paper examines the trends of NPAs in India from
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Information Systems in Banking Hubert Van de Vyver Kiev‚ 1-2 June 2006 This project is funded by the European Union and implemented by ING Institutional & Government Advisory Copyright © 2005 by ING Institutional & Government Advisory Services B.V. Introduction • Use and manage information systems to revitalize business process • Improve business decision making with information technologies • Gain competitive advantage on the market Management Information Systems in Banking - 1 Introduction Key
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The Banking Sector in Mauritius The banking sector comprised 20 banks licensed to carry on banking business in Mauritius as at end-June 2011.Of these‚ eight were domestically-owned banks‚ seven were subsidiaries of foreign banks and five were branches of international banks. Reflecting efforts undertaken by the Bank to develop the range of services offered by banks in Mauritius‚ a new entrant joined the banking industry in March 2011 as the first bank licensed to conduct Islamic banking business
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GENERAL INTRODUCTION ABOUT THE SECTOR The Indian economy is emerging as one of the strongest economy of the world with the GDP growth of more than 8% every year. This has given a great support for the development of banking industry in the country. Due to globalization‚ competition among the banks has drastically been increased. As India has a substantial upper and middle class income hence the banks have immense opportunities to increase their market shares. The consumer being on the receiving
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