overdue for a period of more than 90 days in respect of a term loan ii) The account remains ‘out of order’ for a period of more than 90 days in respect of an overdraft or cash credit iii) The bill remains overdue for a period of more than 90 days in case of bills purchased and discounted iv) Any amount to be received overdue for a period of more than 90 days in respect of other accounts. NPAs affect the operational efficiency which in turn affects profitability‚ liquidity and solvency position of
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I - In Overture: Argentina – Economic Status & Early Signs of a Crisis to Come: Today‚ Argentina is arguably revered as the second largest economy in South America‚ after Brazil‚ and even considered as a considerable economic power in the world. That economy has been measured and weighed heftily‚ mainly due to a transformation of the political system that governs it. Up until 1983‚ the country was headed by a succession of military regimes‚ a state of affairs resulting in the economy being brought
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1. Case Scenario: Mark and Kelly Prince have a crisis! Their automobile insurance company has notified them that their current coverage expires in 30 days and will not be renewed. Mark and the Princes’ younger son each had a minor‚ at-fault accident during the past year. Their children are otherwise good drivers‚ as are both parents. The Princes are confused because they know families whose members have much worse driving records but still have insurance. Do not bold your font. Use at least
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Cross Country Comparison of Efficiency in Investment Banking . Nemanja Radić University of Rome ’’Tor Vergata’’‚ Doctorate of Research in Banking and Finance‚ Via Columbia 2‚ Rome‚ Italy‚ e-mail:radic_n@yahoo.com Franco Fiordelisi University of Rome ’’Federico Caffè’’‚ Department of Management and Law‚ Rome‚ Italy‚ e-mail:fiordeli@uniroma3.it Abstract This paper aims to identify the framework for comparing investment banks efficiencies across nations. In order to overcome traditional
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APPROACHES TO MANAGING GLOBAL SOURCING RISK 1.0: INTRODUCTION In globalization ever more efficient transportation and logistics has driven the outsourcing of manufacturing to‚ and sourcing of parts and goods from‚ distant regions to reap the benefits of lower sourcing and production costs. This has been managed by developing global supply chain management.But with its inherent complexity a global supply chain is at risk from many potential issues that could disrupt the chain. Risk must therefore
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article‚ I present evidence that psychological pitfalls played a crucial role in generating the global financial crisis that began in September 2008. The evidence indicates that specific psychological phenomena—reference point–induced risk seeking‚ excessive optimism‚ overconfidence‚ and categorization—were at work. I am not saying that fundamental factors‚ such as shifts in housing demand‚ changes in global net savings rates‚ and rises in oil prices‚ were not relevant. They most certainly were relevant
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Reading Material Concepts and definitions of various banking terminology. All the information is collected using various free web-sites on internet for the purpose of enhancing knowledge of the participants in the field of banking. 1 Banks in the economy Role in the money supply A bank raises funds by attracting deposits‚ borrowing money in the inter-bank market‚ or issuing financial instruments in the money market or a capital market. The bank then lends out most of these funds to
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CHAPTER I INTRODUCTION PART A- BANKING INDUSTRY Indian Banking has come from a long way from being a sleepy business organization to a highly proactive and dynamic entity. This transformation has been brought by the liberalization and economic reforms that allowed Banks to explore new business opportunities. Banking in India has evolved through five distinct phases. Each phase could be separated from the other by a landmark development in the sphere of Banking Sector. Phase I –Pre-independence
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m-banking Mobile banking and economic development: Linking adoption‚ impact‚ and use Jonathan Donner‚ Microsoft Research India Camilo Andres Tellez‚ London School of Economics and Political Science Reference Information: This is a preprint of an article whose final and definitive form has been published in the Asian Journal of Communication‚ © 2008 Asian Media and Communication Center; available online at informaworldTM at http://www.informaworld.com/openurl?genre=article&issn=01292986&volume=18&issue=4&spage=318
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Perito Moreno Glacier This report is based on the world-known Perito Moreno Glacier. The Perito Moreno Glacier is a well-acknowledged landscape and is a major tourist attraction in Argentina‚ it is one of the highlights of the Los Glacieres National Park. Remarkably‚ the Perito Moreno Glacier is included in the top 100 UNESCO World Heritage list for its great importance world-wide. Hopefully‚ this can inform you on how truly amazing the Perito Moreno Glacier is‚ and can encourage you to one day
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