modern industry in the country‚ the need for government regulated banking system was felt. The British government began to pay attention towards the need for an organised banking sector in the country and Reserve Bank of India was set up to regulate the formal banking sector in the country. But the growth of modern banking remained slow mainly due to lack of surplus capital in the Indian economic system at that point of time. Modern banking institutions came up only in big cities and industrial centres
Premium Bank Banking
market opportunities. With further globalization‚ consolidation‚ deregulation and diversification of the financial industry‚ the banking sector will become even more complex. Although‚ the banking industry does not operate in the same manner all over the world‚ most bankers think about corporate clients in terms of the following: • Commercial banking - banking that covers services such as cash management (money transfers‚ payroll services‚ bank reconcilement)‚ credit services (asset-based
Premium Bank Cheque Banking
Centre for Central Banking Studies Bank of England Causes and Management of Banking Crises Tony Latter Handbooks in Central Banking no.12 Handbooks in Central Banking No.12 THE CAUSES AND MANAGEMENT OF BANKING CRISES Tony Latter Series editor: Tony Latter Issued by the Centre for Central Banking Studies‚ Bank of England‚ London EC2R 8AH telephone 0171 601 5857‚ fax 0171 601 5860 July 1997 © Bank of England 1997 ISBN 1 85730 155 2 Also available in Russian as ISBN
Premium Bank Banking
Banks and Banking lecture notes A bank is a financial intermediary that accepts deposits and channels those deposits into lending activities‚ either directly by loaning or indirectly through capital markets. A bank links together customers that have capital deficits and customers with capital surpluses. Due to their importance in the financial system and influence on national economies‚ banks are highly regulated in most countries. Most nations have institutionalised a system known as fractional
Premium Bank Banking
Retail Banking 2020 Report indicated that there are several challenges that banks will face going into the future emanating from Customer expectations‚ technological capabilities‚ regulatory requirements‚ demographics and economic developments. According to the report the challenges will include amongst others:- The continuous increase in non-traditional competitors such as retailers and mobile service providers offering similar or even better and cheaper services than traditional banking is and
Premium Bank Unemployment Banking
.. p. 5-6 Disadvantages………………………………………...……………………..p. 7-8 Implementation of Virtual Banks in Canadian Banking System………………...….p. 9-10 References……………………………………………………...……………………p. 11 Introduction Continuous innovation in technology has altered the way in which business is conducted in each industry. This is especially true for that of financial services or banking. The banking world has evolved tremendously since its inception with most recent trend being towards the development of an
Premium Bank Banking
------------------------------------------------- case study ------------------------------------------------- MERGER DEAl: ------------------------------------------------- icici with icici bank merger For Mergers and Acquisitions in the BANKING SECTOR AAKANKSHA KUMAR * EXECUTIVE SUMMARY ICICI- Industrial Credit and Investment Corporation of India Limited (ICICI) was founded by the World Bank‚ the Government of India and representatives of private industry on 5 January
Premium Bank Banking Finance
Comparative Analysis Of Indian Banking Industry ICICI bank is India’s largest private sector bank with total assets of Rs 473647 crore. It is a full-service financial institution offering services such as investment banking‚ life and non-life insurance‚ venture capital and asset management. The bank has a wide reach in India with 2‚897 branches and 10‚021 ATMs including on-site and off-site ATMs. The market share of public sector banks is 73.7%‚ private sector banks
Premium Financial ratios Banking Profit
| | | Group Members:Yimeng (Emon) CHEN-A1169382Wenjing (Nancy) LAI – A1169890Yeqing LIN (Lyn) – A1169406Xutianli LIU(Cherry) – A1169401Xinxin NI (Cecilia) – A1169836 | | | May 2009 | | Financial Institutions Management II Group Assignment Project I: Performance Analysis Project II: Risk Analysis The year 2008 has seen extraordinary influences on the financial institutions. The original melt-down in the sub-prime market affect the credit market globally and severely‚ which
Premium Debt Balance sheet Asset
wide network of more than 1000 branches and Extension Counters (as on 31st March 2010). The Bank has a network of over 4055 ATMs (as on 31st March 2010) providing 24 hrs a day banking convenience to its customers. This is one of the largest ATM networks in the country. The Bank has strengths in both retail and corporate banking and is committed to adopting the best industry practices internationally in order to achieve excellence. Promoters Axis Bank Ltd. has been promoted by the largest and the best
Premium Bank Banking