BANKING TERMS PAGE-1 The basic banking terms are frequently asked in all the Bank Interviews. These terms are useful not only for your interview but also for your general knowledge. Knowledge and Understanding of Important Banking terms play a very crucial role in the final selection. Account Agreement: The contract governing your open-end credit account‚ it provides information on changes that may occur to the account. Account History: The payment history of an account over a specific period
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Universal Banking BY : 1. SUSHANT NAIDU - 31 2. SHEETAL NAIR - 32 3. KARTIK NAIR - 33 4. VISHAKHA PARMAR - 34 5. PAULIN MARY - 35 6. RAHUL RAJGOPALAN - 36 [pic] UNIVERSAL BANKING Universal banks are generally large banks with extensive network of branches that provide
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UNIVERSAL BANKING What is Universal Banking? “Banking that includes not only services related to savings and loans but also investments.” This is most common in European countries as it is prohibited by law in the United States. Although‚ in recent times there has been much market pressure in the US for change. In universal banking‚ large banks operate extensive networks of branches‚ provide many different services‚ hold several claims on firms (including equity and debt)‚ and participate
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ON NON-RESIDENT INDIAN (NRI) BANKING AT KOTAK MAHINDRA BANK LIMITED BY SIDHI MEHTA Under the guidance of Mr. ANUP PAL Retail Liabilities A report submitted in Partial Fulfillment of the requirements of MBA Program of FACULTY OF MANAGEMENT STUDIES‚ MLSU‚ UDAIPUR (FINANCIAL SERVICES MANAGEMENT) (Session 2010-2012) DECLARATION I Sidhi Mehta‚ declares that the report on “NRI BANKING” is an original work done by me
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Portfolio Paper: Student Loan Debt and Forgiveness Justin Puckett 5/17/2012 Public Administration: PMG300 Colorado State University Global Campus When it comes to achieving success in the work force and finding a fulfilling and lucrative career there are few things more important that higher education. Going to college and getting a degree is essential in finding success in the work force. The problem is when the cost of gaining that degree outweighs the financial compensation the career that
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A Comparative Study of Islamic Banking in Pakistan: Proposing and Testing a Model BY Ashfaq Ahmad PhD Scholar 117/FUIMCS/Ph.D(MS)-2006 FACULTY OF MANAGEMENT SCIENCES 2009 A Comparative Study of Islamic Banking in Pakistan: Proposing and Testing a Model A thesis submitted to the FUIEMS Foundation University‚ Islamabad In partial fulfillment of the requirements for the degree of DOCTOR OF PHILOSOPHY In MANAGEMENT SCIENCES BY Ashfaq Ahmad PhD Scholar FACULTY OF MANAGEMENT SCIENCES 2009 APPROVAL
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------------------------------------------------- Online banking From Wikipedia‚ the free encyclopedia Online banking (or Internet banking or E-banking) allows customers of a financial institution to conduct financial transactions on a secure website operated by the institution‚ which can be aretail or virtual bank‚ credit union or building society. To access a financial institution ’s online banking facility‚ a customer having personal Internet access must register with the institution for the
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Introduction to Investment Banking An investment bank is not a bank in the usual sense. It doesn’t have checking or savings accounts‚ nor does it make auto or home loans. It is a bank in the general sense‚ in that it helps businesses‚ governments‚ and agencies to get financing from investors in a similar way that regular banks help these organizations get financing by lending money that the banks’ customers have deposited in the banks’ savings‚ checking‚ and money market accounts‚ and CDs. In other
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CORE Banking CORE or CORE Banking is a very important terminology used in Indian banking industry. The term CORE is used in two perspectives in Indian banking industry. 1) First Perspective of Core Banking In the first perspective CORE stands for Centralized Online Real-time Environment (CORE). It is a system of centralized banking under which all banks use a centralized data-centre for all their banking transactions. It can be said that all banks under this system share all information
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The global banking sector: current issues The financial services sector is emerging from the worst financial crisis for 80 years. Tighter regulation‚ an overhang of debt in the west and the immense growth in the power of banks in emerging economies will transform the landscape of banking. What opportunities and threats will this create? And what are the main lessons that banks will learn from the crisis? CIMA sector report Key messages 1. 2. 3. There is growing optimism that both the world
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