Offshore banking is newly introduced by modern banking system. There are two different types of banking - regular "Onshore" banking and "Offshore" banking. The term "Offshore" means many things to many people. Basically the "offshore" consists of those countries which have adopted specific offshore company and/or offshore banking legislation and which have legislated privacy laws and regulations. OFFSHORE BANKING Offshore banking is a banking process happens outside the country of residence of
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the company benefits from improved productivity. 2. Role of IT for banks Banking sector is becoming highly competitive day by day. So banks can not break away from themselves from changing technological environment. Banks are dependent on IT based systems for almost all of their activities‚ although the level of sophistication and refinement in such systems may vary from bank to bank or across activities or banking Industry segments (commercial banks‚ cooperative banks etc.). Internet has significantly
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Internet Banking – Experiences of International markets In the days of virtualisation where working mothers and travelling sales-team prefer to use flexi-time and remote jobs profile; Internet is being adopted as a parallel medium of communication‚ transaction‚ and social networking. Internet banking is fast gaining momentum across the globe for its convenience and ease of conducting transactions at a speed and service levels never dreamt of‚ a decade ago. In-spite of its multiple advantages
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Mobile banking From Wikipedia‚ the free encyclopedia Jump to: navigation‚ search | It has been suggested that SMS banking be merged into this article or section. (Discuss) Proposed since April 2009. | ‹ Whether to make the |reason= mandatory for the {{cleanup}} template is being discussed. See the request for comment to help reach a consensus.› | This article may require cleanup to meet Wikipedia ’s quality standards. (Consider using more specific cleanup instructions.) Please help improve
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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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Green Banking means promoting environmental-friendly practices and reducing carbon footprint from the banking activities. It is also called ethical or sustainable banking. For banking professionals green banking involves the vision of sustainability‚ ethical lending‚ conservation and energy efficiency. A green bank is controlled by same authorities as what a conventional bank does‚ but it holds some distinctive characteristics over conventional banking practices. In conventional banking practices
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management of large commercial banks is better than those of small banks‚ but they are not better than small banks in respect of liability management. Keywords: Asset‚ Liability‚ banks‚ profitability JEL classifications: E 42 E44 1. Introduction Banks‟ profitability is of utmost concern in modern economy. Banks are in a business to receive deposits or liabilities and to issue debt securities on the one hand and create or invest in assets on the other hand (Fama‚ 1980). Commercial
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1.0 INTRODUCTION In this current era‚ businesses play the most important role in developing a country’s reputation. It is because a nation’s wealth is determined by concerning on certain aspects as one of it is the economical factor. As far as we know‚ businesses are the main sectors of a nation where it decides the economical status of a nation. Apart from that‚ banking operations are also one of the factors which contribute to the economical growth of a country. The main core business of the banking
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Introduction Islamic banking is banking based on Islamic law (Shariah). It follows the Shariah‚ called fiqh muamalat (Islamic rules on transactions). The rules and practices of fiqh muamalat came from the Quran and the Sunnah‚ and other secondary sources of Islamic law such as opinions collectively agreed among Shariah scholars (ijma’)‚ analogy (qiyas) and personal reasoning (ijtihad). The credibility of the Islamic banking activities is highly dependent on the credibility of the Shariah advisers
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[pic] Principles of Banking Functions Performed By Commercial Banks in Bangladesh A brief Study on the overall banking function of the commercial Banks in the Domestic Arena of Bangladesh By: Jewel Chakraborty Section – F. ID No # 072-11-1953 BBA 17th Batch D.I.U 5th June‚ 2008 Md. Shahidul Islam Zahid Course Instructor Principles of Banking Daffodil International University Subject:
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