Journal of Banking & Finance 23 (1999) 655±662 Expansion of commercial banking powers F F F or‚ universal banking is the cart‚ not the horse John H. Boyd * Carlson School of Management‚ University of Minnesota‚ 271-19th Avenue‚ Minneapolis‚ MN 55455‚ USA Abstract This short essay deals with universal banking in an environment in which a government safety net (for example deposit insurance) results in a moral hazard problem for banks. It argues that universal banking signi®cantly exacerbates
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Role of commercial banks in development. INTRODUCTION A commercial bank is something with which every one of us is well known. However different bankers and economists have defined it in a different way: According to Kent: “An organization whose principal operations are concerned with the accumulation of the temporarily idle money of the general public for the purpose of advancing to others for expenditure.” According to Banking Companies Ordinance 1962: “Banking
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over the last 10 years established itself as one of the key players in retail real estate development in India. The Company commenced operations in India in February 2005. Its primary business is development of properties in residential‚ commercial‚ retail and hospitality sectors. In addition‚ it has also identified healthcare‚ education and infrastructure as business lines for future growth. Its operations span across various aspects of real estate development‚ such as land identification
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The existence of mental illness is highly debated on whether they are real and proven by science or just a creation from the lack of acceptance due to our social construct. Science has the ability to prove the existence of these disorders through logical processes which are defined and experimented upon. Our social construct does‚ however‚ shape what we believe is correct thinking and behavior. In a way social construct attempts to set a standard for behavior and thinking to compare others to
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Gender is ascribed meaning something people are not born as or with‚ while sex is prescribed meaning something someone is born as or with such as race. Society assigns gender to each person and those children who are born with an ambiguous genitalia are often assigned a gender based on what doctors may think is easier to make‚ boy or girl. Why is it so wrong to leave these children as they are? Why must a gender be assigned to these children immediately? We are constantly “doing gender” even when
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Social constructionism is a based on theoretical knowledge and more importantly where these ideas come from; society. Gender and sexuality are social constructs. What defines a person’s gender? Their body parts‚ their self identification or what society says they are? Traditionally‚ humans are born as male‚ female or intersex‚ that is their identifier from the day a person is born. Sexuality can be viewed the same‚ traditionally‚ a person is attracted to the opposite sex and it has only recently
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EXECUTIVE SUMMARY: This internship program at The Prestige Constructions included three projects. Two of them in The Forum Mall and another one at the construction site of the Exora Business Park. The nature of these three projects is different from each other. Project 1: The first project at the Forum Mall was to analyze the reasons for the fall in the sales of the gift vouchers of The Forum Mall and to come out with a promotional strategy as there was no priory
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chose the Best Buds Budweiser commercial for my essay. I think it was a sensitive commercial that targeting many different audiences. The commercial had a variety of appealing items. This product not only has a wide variety of audiences it also appeals to emotions‚ it creates a bond and has many benefits over other types of beers. This commercial seems display more care about the audience then the beer itself although it is present in the commercial. This commercial is not what it appears to be
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identifying‚ monitoring and limiting risks. In some cases‚ the acceptable risk may be near zero. Risks can come from accidents‚ natural causes and disasters as well as deliberate attacks from an adversary. Risk management applied in the field of construction currently‚ has been on the agenda for about 25 years. It has focused in the main on large-scale School of technology and business 8 projects with different kinds of complexity related to them‚ such as Technology‚ international collaboration
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working resources of the contractor are good and as per the required standards. The quality of work done The working resources of the contractor are good as per the required standards. The overall relationship of the contractor is good. Antilia Commercial Pvt Ltd: Projects Description: (Feb 2008) Excavation and Transportation of Rock Comments: “It is observed that was completed in timely manner‚ in spite of difficulty faced & against all odds in the VIP area at Altamount Road. They are resourceful
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