Apex Financial Institutions in India 1. EXIM Bank (Export Import Bank of India) 13 2. ECGC (Export Credit & Guarantee Corporation of India) 16 5. Exports & Import 1. Exports‚ Procedure & Finance 19 2. Import Procedure & Finance 36 6. Facilities provided by the Banks to Exporters & Importers 1. State Bank of India
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Introduction: Grameen Bank (GB) has reversed conventional banking practice by removing the need for collateral and created a banking system based on mutual trust‚ accountability‚ participation and creativity. Grameen Bank provides credit to the poorest of the poor in rural Bangladesh‚ without any collateral. At Grameen Bank‚ credit is a cost effective weapon to fight poverty and it serves as a catalyst in the overall development of socio-economic conditions of the poor who have been kept outside
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What is Bank:- A bank is a financial institution and a financial intermediary that accepts deposits and channels those deposits into lending activities‚ either directly or through capital markets. A bank connects customers that have capital deficits to customers with capital surpluses. A bank is a financial institution which deals with deposits and advances and other related services. It receives money from those who want to save in the form of deposits and it lends money to those who need it
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Characteristics / Features of a Bank 1. Dealing in Money: A bank is a financial institution which deals with other people’s money i.e. money given by depositors. 2. Acceptance of Deposit: A bank accepts money from the people in the form of deposits which are usually repayable on demand or after the expiry of a fixed period. It gives safety to the deposits of its customers. It also acts as a custodian of funds of its customers. 3. Giving Advances: A bank lends out money in the form of loans to
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Ethics in Bank MBM 522 Banking Ethics and Legal Issues Submitted to Sk. Nazibul Islam Submitted by Name: Md. Abidur Rahman ID No: 2012-2-90-013 Submitted Date: 17/12/2013 Introduction: This assignment is based on Ethical point of view. This is assignment provide me a great opportunity to get familiar with ethical issues that are practiced in Islamic Bank of Bangladesh
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NABARD BANK HISTORY NABARD was established on the recommendations of Shivaraman Committee‚ (by act 61‚ 1981 of Parliament) on 12 July 1982 to implement the National Bank for Agriculture and Rural Development Act 1981. It replaced the Agricultural Credit Department (ACD) and Rural Planning and Credit Cell (RPCC) of Reserve Bank of India‚ and Agricultural Refinance and Development Corporation (ARDC). It is one of the premier agencies to provide credit in rural areas. Nabard is India’s specialised
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com/324/audit.html#ixzz2YHSqnwZ5 What does a bank auditor do? A bank auditor monitors the operations of her bank to ensure its compliance with industry guidelines and adherence to measures that deter fraud. Her job generally requires she establish and follow a schedule to regularly check the appropriateness of all business activities. She may work in a large or small financial institution. In an industry frequently considered highly competitive‚ a bank auditor reviews the general and specific aspects
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What are the pros and cons of banking regulations stipulated by the central bank? Comment on the statement that regulations imposed on banks should be based on a strategic regulatory framework so as to be disclosed‚ transparent‚ equitable and predictable. -Pros and cons of banking regulations stipulated by the central bank: Pros: Central bank is one of the organizations which is in charge of making and maintaining bank regulation. Regulation helps to protect the public against loss through some
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Yes Bank is a private bank in India. It was founded by Ashok Kapur and Rana Kapoor‚ with the duo holding a collective financial stake of 27.16%.[4] YES BANK has received significant national and international recognitions which include Dr. Rana Kapoor‚ Founder‚ MD & CEO being recognised as the Entrepreneurial Banker of the Decade (2001-2010) by Bombay Management Association; Business Standard Banker of the Year - 2011; India’s No. 1 New Private Sector Bank in the Financial Express-E&Y Best
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Commercial Bank of Ceylon PLC Introduction Commercial Bank of Ceylon is identified as the benchmark private sector bank in Sri Lanka. The Bank had the largest market capitalization among all listed banking institutions in Sri Lanka and was ranked at No. 05 among all listed entities as at end 2012. Commercial Bank is only the Sri Lankan bank represented in the top 1000 Banks in the world for two consecutive years of 2011 and 2012. The bank has a subsidiary in Bangladesh. The Bank’s Head Office
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