Business Internship Report on MCB Bank SUPERVISED BY Respected Teacher MISS SAIMA QADRI SUBMITTED BY Muzamil Hussain BBA-18 Seat No. 210 INSTITUTE OF MODERN SCIENCES AND ARTS‚ HYDERABAD I would like to thank my parents and siblings who supported me in the line of my grooming education and professional degree. They are the ones who ever dragged and buttressed me towards my professional career. Internship performs imperative interaction with the Banking Operations. I selected MCB
Premium Bank Deposit account Cheque
findings is cover two major areas‚ first- “Managing the need of General Banking customer”‚ SIBL fulfill General Banking customer need by offering the various types of Account like- Al wadia current and Saving accounts and different deposit scheme like- Lakhopoti deposit scheme‚ pension saving scheme etc and other functions like- Remittance‚ clearing‚ cash section function. SIBL also follow some procedure to manage the need of General Banking customer. Another major area of this report is “Performance
Premium Banking Bank Cheque
TAKORADI POLYTECHNIC SCHOOL OF BUSINESS STUDIES (SOBS) ACCOUNTANCY DEPARTMENT REPORT ON INDUSTRIAL ATTACHMENT AT JOMORO RURAL BANK LIMITED TIKOBO NO.1 W/R BY ISAAC ACKAH (07123014) 9TH JUNE 2014 - 1ST TH AUGUST 2014 TABLE OF CONTENT CONTENTS PREFACE ACKNOWLEDGEMENT DEDICATION CHAPTER ONE INTRODUCTION PURPOSE OF THE INDUSTRIAL TRAINING THE ORGANISATION BRIEF HISTORY SERVICE PROVIDED AT THE BANK VISION STATEMENT MISSION STATEMENT SECTION/UNIT/DEPARTMENTS CHAPTER TWO DESCRIPTION OF THE NATURE
Premium Cheque Banking Bank
• Contribution to the agricultural development • Contribution to the industrial development • Contribution to other economic areas Commercial banks perform two kinds of functions: 1. Micro Functions • Collection of deposit • Credit extensions • Receiving interest • Creation of medium of exchange • Issuing of cheque • Circulation of money 2. Macro Functions • Capital formation • Role in economic development • Transmission
Premium Cheque Deposit account Bank
CHAPTER ONE INTERNSHIP PROGRAM 1.1. Introduction: The theoretical knowledge and practical training is not the same theme. The theoretical knowledge is fulfilled when it can be used in the practical field. The goal of internship is to apply one’s theoretical knowledge in practical fields. Thus internship is a pragmatic application of knowledge and achieving practical experience by engaging one self in different and distinct sectors of work. That is why the internship program is also included
Premium Deposit account Bank Cheque
PERSONAL BANKING Deposit Accounts Savings Account Passbook Savings Account A Passbook Savings Account is an interest-bearing deposit account which you keep track of through a personal passbook. You can deposit funds at any Metrobank branch by accomplishing the appropriate deposit slip and presenting your passbook‚ slip‚ and cash or check at the service counter. B. Metrobank ET Savings Account The Metrobank ET Savings Account comes with an ATM card that allows you to conduct several
Premium United States dollar Cheque Dollar
accepting deposits; and b) granting loans and advances; a) Accepting deposits The most important activity of a commercial bank is to mobilise deposits from the public. People who have surplus income and savings find it convenient to deposit the amounts with banks. Depending upon the nature of deposits‚ funds deposited with bank also earn interest. Thus‚ deposits with the bank grow along with the interest earned. If the rate of interest is higher‚ public are motivated to deposit more funds
Premium Bank Credit Debt
SUMMER INTERNSHIP PROJECT AT “NAWANAGAR COOPERATIVE BANK LTD.” and A STUDY ON ASSETS AND LIABILITY MANAGEMENT OF NAWANAGAR CO-OPERATIVE BANK GUIDED BY Dr. (Prof.) Ajay Shah ACADEMIC YEAR 2010-2012 SUBMITTED TO JAYSUKHLAL VADHAR INSTITUTE OF MANAGEMENT STUDIES (JVIMS) BIPIN T. VADHAR COLLEGE OF MANAGEMENT JAMNAGAR AFFILIATED TO GUJARAT TECHNOLOGICAL UNIVERSITY AHMEDABAD 1 2 3 DECLARATION I undersigned PARMAR KANJI N. a student of MBA 3rd semester declare that
Premium Deposit account Cheque Fractional-reserve banking
bank rescue package – Big institutions bailed: Lloyds and Royal Bank of Scotland GFC and FIs 5 Financial Intermediaries’ Specialness FI Households Cash (Brokers) FI Corporations Equity & Debt (Asset Transformers) Deposits/Insurance Policies/Units of Trusts Cash FI Specialness 6 Flow of Capitals without FIs • Households might find direct investments in corporate securities unattractive because of : – Information/Monitoring costs‚ – Liquidity costs
Premium Fractional-reserve banking Investment Asset
to the economy of a country. So it can be said that Commercial bank is a profit-making institution that holds the deposits of individuals and business in checking and savings accounts and then uses these funds to make loans. For these people and the government is very much dependent on these banks as the financial intermediary. As‚ banks are profit-earning concern; they collect deposit at the lowest possible cost and provide loans and advances at higher cost. The differences between two are the profit
Premium Bank Cheque Banking