HISTORY OF BANKS The origins of modern banking can be traced to medieval and early Renaissance Italy‚ to the rich cities in the north like Florence‚ Lucca‚ Siena‚Venice and Genoa. The Bardi and Peruzzi families dominated banking in 14th century Florence‚ establishing branches in many other parts ofEurope. One of the most famous Italian banks was the Medici Bank‚ set up by Giovanni di Bicci de’ Medici in 1397. The earliest known state deposit bank‚ Banco di San Giorgio (Bank of St. George)‚ was founded
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Basic information of icici bank (Industrial Credit and Investment Corporation of India Bank): ICICI Bank was established by the Industrial Credit and Investment Corporation of India‚ an Indian financial institution‚ as a wholly owned subsidiary in 1994. The parent company was formed in 1955 as a joint-venture of the World Bank‚ India’s public-sector banks and public-sector insurance companies to provide project financing to Indian industry.[10][11] The bank was initially known as theIndustrial
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ALLAHABAD BANK About Allahabad Bank Allahabad Bank is one of the premier nationalized banks in India. It is also the oldest joint stock bank of India. It was incorporated by a group of Europeans at Allahabad on April 24‚ 1865. It was the time Indian economy had started shifting towards organized trade and business affairs. After some years in 1920‚ the P&O Bank brought Allahabad Bank and its headquarters at Kolkata. The Allahabad bank got an entirely new identity when it was nationalized in
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Merchant banks play an important role in mobilizing small savings and channeling them to productive investment. Since our capital market is not as efficient as others‚ yet it tries at best to create a strong‚ fair‚ efficient and effective market. Apart from they facilitate merchant bank so that they can help as possible as to organize such a valuable capital market mechanism. 1.2 Rationale of the study The rationality of our study on capital market as well as its right hand merchant bank is to
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MERGER OF THE BANK OF RAJASTHAN LIMITED WITH ICICI BANK The Bank of Rajasthan Limited (Bank of Rajasthan)‚ a banking company incorporated within the meaning of Companies Act‚ 1956 and licensed by Reserve Bank of India (RBI) under the Banking Regulation Act‚ 1949 was amalgamated with ICICI Bank Limited (ICICI Bank/the Bank) with effect from close of business on August 12‚ 2010
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External stakeholders are those groups outside a business. Definition of external stakeholders is individuals who are not affected by the financial side of a company. External stakeholders of a business can include customers‚ political connections and other businesses in the similar industries. Local residents /community: William King is located in a residential zone with lots of homes nearby. Some of the work is very hot and in the summer‚ it is necessary to have the doors open. At night this
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The key stakeholders of Antone Displays includes‚ Employees Employees are the core of any organisation that helps the company to develop and progress. In case of Antone Displays‚ the company treat their employees as their family that has helped the company to attract
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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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to define and discuss the role and importance of stakeholders in an organization and their ability to influence the performance of the organization. Answer In general‚ a stakeholder can be one of two types: internal (within an organization) or external (outside of an organization). They can affect the firm’s vision and mission‚ are affected by the strategic outcomes achieved‚ and have enforceable claims on the firm’s performance. A stakeholder is typically concerned on the organisation’s results
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A PROJECT REPORT ON “Comparative Study of IDBI Federal’s Incomesurance with the other products available in the market.” IDBI FEDERAL LIFE INSURANCE CO. LTD. Submitted By: Ravi Gupta 11BSP2089 SUMMER INTERNSHIP PROGRAM 2012 IBS GURGAON A PROJECT REPORT ON “Comparative Study of IDBI Federal’s Incomesurance with the other products available in the market.” Submitted By: Ravi Gupta 11BSP2089 A report submitted in partial fulfilment of The requirements of
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