refreshing piece of banking. As people who are being pursued just for political reasons can get a breather with a place to bank in total secrecy without being subjected to persecutions [as was in the case of the Nazi regime against bank accounts of Jews and other “enemies of the German state” held in Switzerland (McCreery‚ 2007)]. Because of greater privacy with offshore banking‚ people with special needs that are outside the general retail banking’s scope are catered for through private banking (Casu et al
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EMERGING ISSUES & OPPORTUNITIES OF RETAIL BANKING IN INDIA 1.0 RETAIL BANKING –An Introduction Retail banking is‚ however‚ quite broad in nature - it refers to the dealing of commercial banks with individual customers‚ both on liabilities and assets sides of the balance sheet. Fixed‚ current / savings accounts on the liabilities side; and mortgages‚ loans (e.g.‚ personal‚ housing‚ auto‚ and educational) on the assets side‚ are the more important of the products offered by banks. Related ancillary
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Merchant bank is a bank or a financial institution which is more focusing on providing financial services and advice to corporations and wealthy individuals‚ so we can say that a Merchant bank is that which providing Private equity activities of banking. There are two types of banks which provides these private equity services and they are Merchant banks and Investment Banks and the main difference between these banks is merchant bank invest its own capital in a client company whereas an investment
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HISTORY OF CONVENTIONAL BANKING Around 2000 BC‚ banking was initiated by farmers and traders in Babylonia whereby‚ grain loans were made. Later‚ this new mode of ‘trading’ spread to Greece. Some developments were emerging as deposits and money exchange were initiated. Modern banking took birth in Italy in the 14th century and the most famous conventional bank was Medici Bank. The bank system spread to Europe‚ in Amsterdam in the 16th century where much innovation took place‚ in London in the 17th
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Internet Banking Table of Contents Chapter–1– Introduction 0 Chapter–2– Internet Banking a new medium 7 Chapter--3 - International experience 19 Chapter -4 -The Indian Scenario 33 Chapter- 5- Types of risks associated with Internet banking 41 Chapter- 6- Technology And Security Standards For Internet - Banking 49 Chapter -7 - Legal Issues involved in Internet Banking 74 Chapter- 8- Regulatory and supervisory concerns 84 Chapter–9 - Recommendations 98 Annexure 1 111 Annexure 2 112
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asserted that this system of racial separation‚ “while masquerading as providing separate but equal treatment of both white and black Americans‚ instead perpetuated inferior accommodations‚ services‚ and treatment for black Americans.” The Board of education used the result of the Plessy v. Ferguson trial in 1896 when a black man was removed from a train for sitting in the Jim Crow section. He was turned down 7-1. The majority decision of the court was decided on May 17‚ 1954. The trial resulted in
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Banking in Nepal: A History of Banking System in Nepal This post is about banking in Nepal‚ a history of banking system in Nepal. In the context of Nepal‚ it is very difficult to trace the correct chorological history of the Banking systems in Nepal because there are no sufficient historical records and data about Banking in Nepal. Nepal bank Ltd. is the first modern bank of Nepal. It is taken as the milestone of modern banking of the country. Nepal bank marks the beginning of a new era in the
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Introduction Green Banking is no more new concept in today`s world. The concept of Green is to minimize environmental degradation and making this planet habitable and it’s being used in banking sector which is presently known as Green Banking. The concept of Green Banking was developed in the western countries. Green Banking is a general term‚ which can cover a multitude of areas from a bank being environmentally friendly to how and also where their money is invested. Green Banking refers and emphases
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As soon I saw the book “Feeding Desire” it reminded me of Jessica’s experience. Rebecca Popenoe is a social anthropologist. Her book‚ “Feeding Desire” details her experiences and observations amongst the Azawagh Arabs. The Azawagh Arab women’s story of image‚ beauty and womanhood is articulated in this book. Popenoe’s cultural research was conducted on the people inhabiting in the Saharan community in Niger‚ a which is located in Western Africa "Feeding Desire"; broadly tries to depict how the
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Name of case: Cantu v. Central Education Agency Court: Court of Appeals Houston‚ Texas. Citation: 844 S. W. 2d 565 (Tex. App. 1994) Parties and their roles: San Benito Consolidated Independent School District (defendant); Maria Cantu (plaintiff). Facts: During the 1990-91 school year Cantu was under a one-year contract to teach at the San Benito Consolidated Independent School District. On August 17‚ Cantu wrote a resignation letter. On August 18 Cantu hand-delivered the letter to her supervisor
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