with one of the largest banking networks in the world‚ has witnessed a series of reforms over the past few years like the deregulation of interest rates‚ dilution of the government stake in public sector banks (PSBs) and the increased participation of private sector banks. History of Banking System Banking in the modern sense of the word can be traced to medieval and early Renaissance Italy‚ to the rich cities in the north like Florence‚ Venice and Genoa. Origin of the word The word bank was borrowed
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of Centurion Bank of Punjab. In the present scenario the monopoly of public sector banks is over and the private players are competing tough to make a position in the market. In the present scenario all the major Players of International market are making their presence in India. To name a few Barclays‚ Standard Chartered‚ ABN AMRO‚ HSBC. So the main objective is to study the CRM strategy of Centurion of Punjab which in recent past as made its presence by merging two banks Bank of Punjab and
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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
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and History of Untied Overseas Bank Limited (UOB) United Overseas Bank Limited abbreviated as UOB was founded in 6 August 1935 firstly known as United Chinese Bank. The UOB Empire was first built up by Sarawak-born Datuk Wee Kheng Chiang ¨C father of the present UOB Group Chairman‚ Wee Cho Yaw together with 6 other businessman. Since then‚ UOB has grown from strength to strength becoming a leading bank in Singapore and a dominant player in Asia-Pacific today. One of the important corporate milestones
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(i)Introduction of Public Bank Public Bank Berhad is the third largest banking group in Malaysia. Public Bank had total assets of RM 305.73 million as at the end of 2013. Public Bank was established by its founder and chairman who is Tan Sri Dato’ Sri Dr.The Hong Piow. (Public Bank Berhad 2013). Public Bank Berhad have a total of 382 branches and hired over 17‚900 employees to give the serve of the financial needs to Malaysians and citizen of foreign. In Malaysia‚ the Bank has 258 well distributed
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ADMINISTRATION 2010-2011 MIS OF ICICI BANK By Group 3 -Deepti Achpalya -0918111 -Namrata R-0918124 -Nidhi Pandiya-0918126 -Nita Bhattacharjee-0918129 -Shyamala-0918151 ACKNOWLEDGEMENT At the first instance I owe my gratitude and express my hearty and sincere thanks to DR. K. Nirmala Prasad‚ the principal of M.O.P. Vaishnav College for Women‚ Chennai-34‚ for giving me an opportunity to get trained at ICICI Bank. I owe my thanks to Dr. Lalitha Balakrishnan
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Role of A Central Bank as Lender of Last Resort Introduction Nowadays‚ monetary and central bank policy become more and more important. Besides‚ many references are regularly made to the function of central bank as lender of last resort(LOLR). LOLR contributes a lot to solve the financial crises. As central banks are independent from government‚ they seem to have strong priorities. In modern society‚ with the growth of the global economy‚ central banks have been playing especially important
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the World Bank I. Introduction It is no doubt that the International Monetary Fund (IMF) and the World Bank have been playing an essential role in fostering economic stability and global growth for a long period of time. For the common good‚ they share the same goal of raising living standards for their member countries. And for that reason‚ there have been some people having difficulties in differentiate one from another. As a matter of fact‚ both the IMF and the World Bank are institutions
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human about illness and pushing them to follow diet and physical fitness. Cord Blood banks are one of the way to save the world from illness as it has the capability to cure about 80 blood disorders and is already well known that 1 out of 10 people are experiencing anyone kind of blood disorder. Cord Blood Banks uses this point to attract people to utilize its services. New Markets: Although current Cord Banks have the services for families‚ research is being
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ever-changing need to find new methods of regulating‚ guiding and helping the financial system (particularly‚ the banks). In other words‚ the evolution of central banking functions has tended to coincide with the evolution of the financial systems of the world economies. Let us recount the leading functions. 1. Note Issue: It is considered one of the primary functions of a central bank. The entire financial system of a country‚ with ever-increasing volume and variety of the financial instruments
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