REWARD SYSTEM AT VID PUBLIC BANK 30 3.1. Overview of VID Public Bank 30 3.1.1. History 30 3.1.2. Corporate Philosophy 32 3.1.3. VPB business results 32 3.2. The current reward system at VID Public Bank 33 3.2.1. Financial reward 33 3.2.1.1. Base salary 33 3.2.1.2. Variable pay 33 3.2.1.3. Benefits 35 3.2.2. Non financial reward 40 3.2.2.2. Promotion Policy 40 3.2.2.3. Training 41 3.3. Findings on the VID Public Bank reward system 42
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Indian Retail Sector March 2011 1 Table of Contents Title Executive Summary Section 1: Evolution of Indian Retail Evolution of Indian Retail Indian retail has evolved into a major growth opportunity Supported by strong economic fundamentals Domestic Retailers Indian retail: Changing with times Indian Retail: 100% FDI – The Implications Industry Speaks…on FDI in Multibrand Retail Section 2: Learning from the Past Learning from the Past Case Study: Vishal Retail Section 3: Consolidation Consolidation
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Bank have the following characteristics which distinguish them from most other commercial enterprises: 1. Security: They have custody of large volumes of monetary items‚ including cash and negotiable instruments‚ whose physical security has to be ensured. This applies to both the storage and the transfer of monetary item and makes banks vulnerable to misappropriation and fraud. They‚ therefore‚ need to establish formal operating procedures‚ well-define limits for individual discretion and rigorous
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Introduction Economic policymakers in most countries go out of their way to attract foreign direct investment (FDI). A high level of FDI inflows is an affirmation of the economic policies that the policymakers have been implementing as well as a stamp of approval of the future economic health of that particular country. There is clearly an intense global competition for FDI. India‚ for its part‚ has set up the “India Brand Equity Foundation” to try and attract that elusive FDI dollar
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CUSTOMER RELATIONSHIP MANAGEMENT IN INDIAN BANKS * Popli‚ G.S ** Rao‚ D.N. 1. Background Relationship Marketing is the process of building long term mutually beneficial relationship with the customers. The Financial Institutions in the developed countries are using this marketing tool very effectively by taking full advantage of Information and Communication Technologies. The Indian Banking Industry which was operating in a bureaucratic style prior to 1991 had to undergo large scale transformation
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Emerging Markets: BP‚ AAR‚ and TNK-BP Energy Resources AAR‚ BP bury hatchet over TNK-BP Shareholders in joint Russian oil venture TNK-BP confirmed they reached an agreement to settle outstanding issues to avoid arbitration. "BP and AAR‚ joint shareholders in TNK-BP‚ today announced that they have reached a comprehensive agreement to settle all outstanding disputes between them‚ including the current arbitrations brought by each against the other‚" a statement released by BP read. Russia’s
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Introduction: Being major player in national economy livestock sector has been selected as an economy engine for poverty alleviation from Pakistan. According to economic survey of Pakistan 2011-12‚ its contribution to agriculture value added is approximately 55.1 % and to national GDP is 11.6 %. Livestock is raised by more than 8.5 million small and landless families in the rural areas and 35-40 million rural populations are dependent on this. In Pakistan livestock includes cattle‚ buffalo‚ sheep
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Chapter 1 New Perspectives on Marketing in the Service Economy GENERAL CONTENT Multiple Choice Questions 1. For-profit firms seek to achieve ____________ profits subject to ____________ constraints‚ although not-for-profit service suppliers seek to achieve ____________ profits subject to ____________ constraints. a. social; financial; financial; social b. social; financial; social; financial c. financial; transactional; social; regulatory d. financial; social; social; financial e. transactional;
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INDIA – Power Sector: Emerging Developments & Critical issues 1. Introduction Large number of power projects (XI and XII five year plans) is under construction to overcome the power shortages and meet the growing energy requirements in the country. However‚ the sector has been encountering problems on account of inadequate / depleting conventional fuel resources‚ slippages in capacity addition‚ transmission / open access constraints and high Aggregate Technical & Commercial (AT & C) losses in the
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Queensland Bank and Bendigo Adelaide Bank Assessment of Red Flags The financial data for the banks consists of common ratios which measure performance. The Return on equity = Net income / shareholder’s equity. This ratio measures the company’s profitability‚ and it may be compared it with the ROE of other companies. The PBIT represents the organization’s earnings and expenses before taxes. The Current ratio = Current asset / Current liability‚ which measures the company’s ability to pay its bills
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