The Reserve Bank of India (RBI) is India’s central banking institution‚ which controls the monetary policy of the Indian rupee. It was established on 1 April 1935 during the British Raj in accordance with the provisions of the Reserve Bank of India Act‚ 1934 Main functions Bank of Issue Under Section 22 of the Reserve Bank of India Act‚ the Bank has the sole right to issue bank notes of all denominations. The distribution of one rupee notes and coins and small coins all over the country
Premium Bank Central bank Interest rate
Introduction of Southeast Bank Limited (Mirpur 10) The emergence of Southeast Bank Limited was at the juncture of liberalization of global economic activities. The experience of the prosperous economies of the Asian countries and in particular of South Asia‚ has been the driving force and the strategic operational policy option of the Bank. The company philosophy - "A Bank with Vision" has been precisely an essence of the legend of success in the Asian countries. Southeast Bank Limited is a scheduled
Premium Human resource management
As a public enterprise banking made its first beginning around the middle of 12th century in Italy and the bank of Venice. Founded in 1157 was the first public banking institution. Following if were established Bank of Barcelona and Bank of Genoa in 1401 and 1407 respectively. The bank of Venice and the bank of Genoa continued to operate until the eighteenth century. With the expansion of commercial activities in northern Europe‚ there sprung up a number of private banking houses in Europe and
Premium Bank
Reserve Bank of India Main Functions Reserve Bank of India regional office‚ Delhi entrance with the Yakshini sculpture depicting "Prosperity through agriculture"[25]. The RBI Regional Office in Delhi. The RBI Regional Office in Kolkata. Monetary Authority The Reserve Bank of India is the main monetary authority of the country and beside that the central bank acts as the bank of the national and state governments. It formulates‚ implements and monitors the monetary policy
Premium Central bank Bank Money supply
– Area Sales Manager in DBS Bank (Consumer Banking Division) Mr. Sumanta Bakshi Tel.: +91 80 6632 8809 Mobile: +91 9886197877 Email: Sumanta@dbs.com Company Profile ABOUT DBS BANK: DBS Bank is a Singapore-based bank‚ and is known to be one of the largest banks to exist in South East Asian region by asset value. The government of Singapore established the DBS Bank in the year 1968‚ and it was primarily aimed at providing development oriented financial services
Premium Bank
of Customer Relationship Management (CRM) in banking has gained importance with the aggressive strategies for customer acquisition and retention being employed by banks in today’s competitive milieu. This has resulted in the adoption of various CRM initiatives by these banks to enable them achieve their objectives. The steps that banks follow in implementing Customer Relationship Management (CRM) are: Identifying CRM initiatives with reference to the objectives to be attained (such as increased
Premium Bank Customer relationship management Customer service
Management at First National Bank During the last five years‚ First National Bank (FNB) has been one of the fastestgrowing banks in the Midwest. The holding company of the bank has been actively involved in purchasing small banks thoughout the state of Ohio. This expansion and the resulting increase of operations had been attended by considerable growth in numbers of employees and in the complexity of the organizational structure. In five years the staff of the bank has increased by 35 percent
Premium Project management
March 2012 The mission of the World Bank is to “reduce global poverty” (World Bank website). As such‚ there is an enormous amount of contributing factors to this mission‚ all of which can fall under numerous categories that need to be organized. The website of the World Bank has been widely recognized through many awards‚ for its ability to present information in a way that is highly accessible to users of varying backgrounds and requirements. The World Bank itself has evolved significantly as
Premium Knowledge management
Executive Summary: Sonali Bank Limited is the largest State-owned commercial bank in Bangladesh. It was established under Bangladesh Banks Nationalization Order-1972‚ President’s Order No.26‚ 1972 consisting of National Bank of Pakistan‚ Bank of Bhawalpur and Premier Bank. Sonali Bank Limited was registered on June 3‚ 2007 as a Public Limited Company under Companies Act‚ 1994 with the joint stock companies and firms for managerial efficiency and developing bank service. Bangladesh Bank issued Banking license
Premium Bank
The Bank of Korea (BOK) is the central bank of South Korea and issuer of South Korean won. It was established on June 12‚ 1950 atSeoul‚ South Korea. The Bank’s primary purpose is price stability. For that‚ the Bank targets inflation. The 2010–12 target is consumer price inflation of 3.0 ± 1%. ------------------------------------------------- History The Bank of Korea was established on June 12‚ 1950 under the Bank of Korea Act. Following liberation on August 15‚ 1945‚ the Korean economy was
Premium Central bank Monetary policy Inflation