Non-Banking Financial companies Introduction: A non-banking finance company may be defined as an institution which mobilizes the savings of the community and diverts them for financing different activities. A bank also performs similar type of activities. Then what is the differesnce between bank and non-banking finance company? The difference can be seen from two points of views. Firstly‚ from the legal point of view‚ bank may be defined as an institution which is governed by the Banking
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protecting the environment‚ communities‚ employees‚ shareholders and other indirect stakeholders such as the media and NGOs (Dusuki and Dar‚ 2005). It is becoming an economic practice for today’s organizations to have established guidelines on ethical and social responsibility issues such as environment‚ charitable giving‚ support for the community and so on. 2.1 Perceived Service Quality Moreover‚ CSR initiatives role is to contribute to perceived service quality (PSQ) which in turn would
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.................................................................................................... 6 5. Profit and loss Analysis ...................................................................................................... 8 6. Value at Risk .................................................................................................................... 12 6.1 The Historical Simulation ........................................................................................... 12 6.2
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trying to stabilize the banking sector and maintaining people ’s confidence in the banking system. ... You say in speeches that the FDIC and yourself saw a storm brewing over the last two years. ... When I came to the agency‚ we were still in a very benign economic environment‚ but the FDIC staff‚ our supervisors as well as our economists‚ were expressing a lot of concerns about what we call the underpricing of risk. There was just too much credit out there‚ and there was a risk premium being charged
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1. Framework A. Identification of the risk Financial Risk There are three kinds of financial risk: market risk‚ liquidity risk and credit risk. Market Risk Price Risk The risk of a decline in the value of a security or a portfolio. Interest Rate Risk The risk that the value of an investment will change due to a change in the absolute level of interest rates. Example Dexia had a great interest rate risk. They had a lot of mortgage loans (long term). They financed the long term liabilities
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date=12/11/2003&story=1&title=Your-perception-of-derivatives-instrument-is With an assortment of investment instruments available in the financial markets‚ derivatives have caught the attention of investors and their volumes are on the rise. However‚ since this market is relatively more complicated than the cash market awareness and participation continues to be low as far as retail investors are concerned. Therefore‚ in order to know as to what an average investor feels about derivatives we conducted a poll and the
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Paper 3/11/10 Unethical Issues in the Banking Industry Ethical issues in banking are currently receiving a great deal of attention‚ and those who manage these organizations seem to be under constant public scrutiny. This paper presents and discusses the certain ethical issues and concerns with banking managers. Suggestions for enhancing the degree of ethicalness in organizational practices and decision behaviors’ have also been attempted. Ethical issues in banking and financial service organizations
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Manual on Financial and Banking Statistics 6. NON-BANKING FINANCIAL COMPANIES The importance of NBFCs in delivering credit to the unorganised sector and to small borrowers at the local level in response to local requirements is well recognised. The rising importance of this segment calls for increased regulatory attention and focused supervisory scrutiny in the interests of financial stability and depositor protection (Box 6.1). The activities of non-banking financial companies (NBFCs)
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Financial Risks in Construction Discuss financial risks in construction‚ highlighting historical background‚ current issues/practices and implications/relevance to construction project management generally and specifically to construction project planning and control‚ feasibility study and appraisal‚ and financing. 1.0 Definitions i. The Project Management Institute‟s (PMI) A Guide to the Project Management Body of Knowledge (PMI 2008) defines project risk as: An uncertain event or condition that
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this study to investigate how wealth is perceived by wassiyah method and how it is distributed by individuals in the form of inheritance. Islamic theory of wealth provides useful guidelines in relation to wealth ownership‚ wealth management and financial planning. The notions of wealth in Islam are based on philosophic foundations derived from two primary sources namely Al-Quran‚ and Hadith‚ the sayings of the Prophet of Islam. The whole conceptualization of wealth and its use must therefore be consistent
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