Banking Ombudsman [1] is a quasi judicial authority functioning under India’s Banking Ombudsman Scheme 2006‚ and the authority was created pursuant to the a decision by the Government of India to enable resolution of complaints of customers of banks relating to certain services rendered by the banks. The Banking Ombudsman Scheme was first introduced in India in 1995‚ and was revised in 2002. The current scheme became operative from 1 January 2006‚ and replaced and superseded the banking Ombudsman
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A computer is an electronic device that can receive a set of instructions or program and the carry out this program by performing calculations on numerical data or by compiling and correlating other forms of information. ("Computer" Encarta). It also performs calculations and processes information with astonishing speed and precision. Computer Technology has improved our lives. It will continue to affect our future which will lead to an easier‚ less complicated lifestyle‚ with more job opportunities
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The banking industry in the emerging market economies: competition‚ consolidation and systemic stability - an overview John Hawkins and Dubravko Mihaljek I. 2. Introduction ........................................................................................................................... Forces for change ................................................................................................................. Deregulation and opening-up to foreign competition ...................
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management‚ which consist of preparing prospectus & other information relating to the issue. Merchant banks in India are not allowed to conduct any business other than that related to securities market. There is no official category in investment banking. 2
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become among the countries that have a topnotch banking industry‚” said Francois Denimal‚ Sungard director for sales said. Sungard operates in 30 countries including the Philippines. Denimal said that at the rate the banks are growing‚ financial institutions have no choice but to switch to better business solutions or upgrade their existing software and hardware. Sanjay Varma‚ Sungard managing director for banks in Asia Pacific‚ said that mobile banking in the Philippines “has already taken off
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| | VOL 20 NO 157 REGD NO DA 1589 | Dhaka‚ Thursday‚ March 28 2013 | http://www.fe-bd.com/index.php?ref=MjBfMDNfMjhfMTNfMV85Ml8xNjQ1NzA= | Bangladesh Bank mulls agent banking for financial inclusionM S Siddiqui Agent banking is a financial service offered to customers by a third party on behalf of a financial institution (FI). An agent is an entity that is engaged by an FI to provide specific financial services on its behalf using the agent’s premises. It is an additional delivery channel
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Comptroller of the Currency Administrator of National Banks National Banks and The Dual Banking System SEPTEMBER 2003 National Banks and The Dual Banking System S E P T E M B E R 2 0 0 3 T oday‚ the dual banking system‚ which has been a hallmark of banking in the United States for nearly 200 years‚ is under attack‚ as many states have attempted to assert legislative and enforcement authority over national banks in a way that contradicts constitutional principles that have
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Computer Crime This type of crime is the illegal exploitation of computer technologies‚ usually involving the Internet‚ to support crimes such as fraud‚ identity theft‚ sharing of information‚ and embezzlement. Exactly what is illegal varies greatly from state to state. Consequently‚ the growth of international data communications and in particular the Internet has made these crimes both more common and more difficult to police. Luckily there are people fighting computer crime and it is taken very
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Table of contents Introduction……………………………..……………..1 Task1 The Media Used…………………………………………………….2 The Connectors Used…………………………..…….2 The Cost of cabling and installation…………………2 Fig. 1…………………………………………………….3 Recommandation……………………………………….4 Task2 Data Transfer rate and/or Memory Storage space..5 Hardware options……………………………………..5 Cost of Purchase and installation…………………...5 Fig .2 ………………………………………………….6 Recommandation……………………………………..7 Task3 Security Issues………………………………………8 Protection from
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BRIEF HISTORY OF NIGERIAN BANKING A formal legal structure to banking in Nigeria is a relatively recent invention. Prior to 1952 there was no legislation governing the banking system in Nigeria. The British Bank of West Africa (BBWA) started operating in Nigeria by the year 1892. After the BBWA‚ Barclays Bank became the second expatriate bank to operate in Nigeria by the year 1917. The first indigenous bank‚ The Bank of Nigeria was founded in the year 1933 and also operated successfully. After the
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