What is difference between public sector bank and private sector bank? Asked by pallavi mahajan‚ 19 Nov ’08 07:27 pm Invite a friend | Save | Report abuse Earn 10 points for answering [ x ]Answer this question Earn 10 points for answering 4000 characters remaining Keep me signed in New User? Sign up Answers (6) 1. The Public sector banks are those where govt holdings are more than 50% while nationalised banks are those banks which were nationalised in
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Compare and Contrast Between The Private and Public Sector The basis of the establishment or incorporation of enterprises in the public and private sectors is to produce and distribute goods and/or services to members of the general public. However‚ the rules by which these are governed make them distinguishable. While similarities can be seen between businesses in these two sectors‚ the contrasting objectives‚ policies and procedures aptly identifies the respective sect. The following further
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and Disadvantages of private/public sector partnership. Introduction The effective management of tourism at destination level can only truly be achieved through partnership‚ due to the number and complexity of stakeholders. For a long time‚ national and local governments have talked about partnership as a means to increase joined-up thinking and public/private sector involvement. The tourism sector‚ because of the nature of the work in engaging the private sector and working across boundaries
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in/net/journalsAndPublications.aspx PERFORMANCE APPRAISAL PRACTICES IN INDIAN BANKS Pallavee Shrivastava 1‚ Usha Kiran Rai 2 1(Research Scholar‚ Faculty of Management Studies‚ Banaras Hindu University‚ Varanasi‚ India) 2(Professor‚ Faculty of Management Studies‚ Banaras Hindu University‚ Varanasi‚ India) Abstract Banking sector is a fast growing sector of India. With swift expansion in the number of branches and the new functions assigned to them‚ banks are beginning to feel a new pressure on
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adjectives to describe the Canadian attitude‚ but there is a lack of diversity in Canadian public sector. The public sector does not represent many groups because governments do not see it as efficient to hire individuals due to their background over their merit. Canadian history was not very accepting to groups such as women‚ aboriginal and LGBTQ communities due to systemic discrimination. A job of a public servant is to deliver services ordered by their political superiors from the ruling party
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Accounting information systems Accounting Information system is one of the most vital elements of an organization. Every organization‚ whether it is a profit or non- profit one‚ should maintain an accounting information system. An accounting information system can be termed as a way of keeping track of all the accounting activities in an organization (Dull & Gelinas‚ 2009). This tracking of accounting activities is done through the computer-based methods of accounting. An accounting system comprises
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Standard Chartered Bank is a British bank headquartered in London with operations in more than seventy countries. It operates a network of over 1‚700 branches and outlets (including subsidiaries‚ associates and joint ventures) and employs 73‚000 people. Despite its British base‚ it has few customers in the United Kingdom and 90% of its profits come from Asia‚ Africa‚ and the Middle East. Because the bank’s history is entwined with the development of the British Empire its operations lie predominantly
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Background Public Bank is currently the largest domestic bank in Malaysia by shareholders’ funds. It is well-known in 1966 by its founder and chairman‚ Tan Sri Dato Sri Dr Teh Hong Piow. The bank was planned on the Malaysia Stock Exchange in 1967. The Public Bank Group employs more than 14‚000 people‚ with in Hong Kong and China‚ Cambodia‚ Vietnam‚ Laos and Sri Lanka. Public Bank is one of the most competent banks as reflected by its low cost to revenue ratio in Malaysia. The Public Bank Group has
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Government agencies need procedures to track separately all inflows and outflows from various funds‚ to ensure that legal requirements about the use of specific funds are followed. * Financial institutions do not need extensive inventory control systems. * Passenger service companies (e.g.‚ airlines‚ bus‚ and trains) generally receive payments in advance of providing services. Therefore‚ extensive billing and accounts receivable procedures are not needed; instead‚ they must develop procedures
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education system is dysfunctional and needs to be fixed. There are numerous proposals proposed by politicians of different era designed to revitalize and mend the system. One result of the approaches taken to mend the education system is increase in the influence of private corporations on the public education system. Though those corporate reforms have called attention to the public education system‚ those reforms are often superficial‚ and corporate influence on the public education system often detracts
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