Functions of Reserve Bank of India The Reserve Bank of India Act of 1934 entrust all the important functions of a central bank the Reserve Bank of India. 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 is undertaken by the Reserve Bank as agent of the Government. The Reserve Bank has a separate Issue Department which is
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33 Functions of Commercial Banks 33.1 Introduction You have studied in the earlier lesson about different types of banks and their nature. It may be of interest to you now to know about the various services/functions performed by commercial banks. In this lesson‚ you will study about the various services provided by commercial banks to the business community in particular and the public in general. 33.2 Objectives After studying this lesson‚ you will be able to describe the various functions
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3. DUTCH-BANGLA BANK LIMITED 4 3.1 Company overview 4 3.2 Calculation of Rate of Return 4 3.3 Calculation of present value of the stocks 5 4. BRAC Bank 9 4.1 Company Overview 9 4.2 Calculation of Rate of Return 10 4.3 Calculation of present value of the stocks 10 5. AB Bank Ltd. 12 5.1 Company Overview 12 5.2 Calculation of Rate of Return 12 5.3 Calculation of present value of the stocks 13 6. ANALYSIS 15 6.1 Dutch-Bangla Bank Ltd. 15 6.2 AB Bank Ltd. 17 6.3
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SOURCES OF BANK’S INCOME A bank is a business organisation engaged in the business of borrowing and lending money. A bank can earn income only if it borrows at a lower rate and lends at a higher rate. The difference between the two rates will represent the costs incurred by the bank and the profit. Bank also provides a number of services to its customers for which it charges commission. This is also an important source of income. The followings are the various sources of a bank’s profit: 1
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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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helped to lead me to findings and conclusions. Finally I thank all the people whoever helped me and stood by me to provide all the needful assistance to my requirement. ABSTRACT The productivity of the staff depends upon many factors for the bank. Humans are complex beings which need continuous motivation to work without being burdened. Therefore‚ the Human Resources Department should not only impart motivational triggers but also should encourage the various groups of the staff to maintain
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AMITY BUSINESS SCHOOL STATE BANK OF INDIA IMPLEMENTATION OF INFORMATION TECHONOLOGY Aayush Jaiswal C-50 3/19/2011 Shilpi Grewal C-60 This reports deals with Introduction to State bank of India‚ challenges due to technology‚ Implementation of CoreBanking System‚ benefits to SBI‚ various architecture followed at SBI & talk with MR. ASHOK KUMAR SHARMA (Chief Manager SBI Stressed Assets Resolution Centre). STATE BANK OF INDIA Type Industry Founded Public (NSE: SBIN‚ BSE: 500112‚ LSE:
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SUMMARY The study was conducted in South Indian Bank‚ Hampankatta branch. South Indian bank (SIB) is a leading commercial private sector bank in India. On 29th January 1929‚ South Indian Bank was brought to life by an ensemble of entrepreneurs at Trissur‚ in Kerala. The Hampankatta branch was started in 1966 with 1 manager and 3 staff. The huge number of Keralites in Mangalore was one of the main reasons of starting SIB branch here. The bank has a remarkable growth since its beginning now it is
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Banks in the 1920s were built around a system of credit and mutual dependency with banks largely relying on the stability of others incase of emergency. Banks had to be registered with the National Reserve to operate with roughly 30‚000 National Reserve banks housing different portions of the country’s financial reserves. Each bank in turn also had its own reserves to account for the various loans and issued currency. With this system banks were intended to cooperate and move money as needed to other
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BRAC Bank started its journey on 4th July‚ 2001 as a private commercial bank focused on Small and Medium Enterprises (SME). In just a decade‚ the Bank has become a leading bank in Bangladesh‚ keeping its core focus in SME yet becoming one of country’s leading financial hypermarket. Today BRAC Bank holds a dynamic network of 157 branches‚ 400 SME unit offices‚ 500 Remittance Delivery Points‚ nearly 350 ATMs and 14 Financial Kiosks across the country. The stakeholders of the bank are BRAC‚ the largest
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