not all‚ banks provide this service. Nevertheless the report’s aim is to overlook this tradition and give an insight into whether a bank should really be providing this service. The Bank Wide Operation Department is in charge of the bank’s cheque clearing process. A staff member from this department was interviewed regarding the cheque services. The report reviews the current system setup to deal with cheques and forecasts what the future holds for a cheque service providing bank. Investigation of
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NATIONAL INSTITUTE OF SECURITIES MARKETS An Educational Initiative by SEBI Curriculum NISM-Series-VIII: Equity Derivatives Certification Examination VIII: I. Basics of Derivatives A. Basics of derivatives B. Evolution of derivatives m market C. Indian derivatives Market erivatives D. Market participants E. Types of derivatives market erivatives markets F. Significance of derivatives erivatives G. Various risk faced by the participants in derivatives II. Understanding Index A.
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consequences: Some of these consequences are listed below. Debt consolidation loans are slightly different from the way they appear. Since the repayment terms are longer‚ the borrower will be paying more than the amount he had to pay originally for clearing multiple debts. Secondly‚ the terms on a debt consolidation loan might change if the company providing the loan is taken over by another one. Most often‚ these changes are not in the interest of the borrower. Lastly‚ there has been an increased
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Deforestation refers to the clearing of forests‚ usually at such a rapid rate that it is impossible for the forests to regenerate naturally in a short time. Deforestation brings benefits to humans by clearing land that can be used for settlement‚ to make space for a growing population to live in. However‚ it also brings harm to humans because eroded topsoil from deforested areas can flow into rivers‚ causing them to become silted and flood more easily. Also‚ the clearing of forests with methods such
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INTEREST RATE FUTURES IN INDIA Dr. Shashi Srivastava * Divya Srivastava ** Abstract In the era of globalization‚ one of the macro-economic variable that has come into great focus is interest rate. The volatility of interest rates has increased manifold in the last couple of years. Interest rate risk management has become very important and assorted instruments like interest rate
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Financial Derivatives DERIVATIVE SECURITY: A derivative security is a security whose value is contingent on the value of other more basic underlying variables. Hence derivatives are also known as contingent claims. Very often the variables underlying derivatives securities are the prices of traded securities. For example‚ stock option. Futures and Options ⇒⇒⇒⇒⇒⇒ actively traded on the many different exchanges. Forward Contracts‚ Swaps ⇒⇒⇒⇒⇒ traded outside of exchanges by financial Institutions
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rights outside the liquidation. This can apply in clearing house arrangements in certain industries where payments between members of the clearing house are dealt with by mutual set off; in insolvency terms such an arrangement serves to negative the debtor/creditor relationship in respect of the obligations to which the arrangements apply. ‘Ansett collapsed on 12 September 2001 and administrators were appointed. It was then a member of the IATA Clearing House‚ which pays out airlines for services provided
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Introduction Now the world became dynamic. Nobody in this competitive arena will be successful until he is not linked with practical orientation. So in this regard internship program provides a good hope to connect the theoretical knowledge with practical knowledge. Banks are the major financial institutions which intermediate between actual lenders and actual borrowers. For this intermediation‚ banks are to play actual lenders and charge actual borrowers. This internship report on Jamuna Bank
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During this Nose Clearing Exercise keep your MOUTH CLOSED at all times even after the exercise is finished‚ if you open your mouth you have ruined the exercise and you’ll have to start again. 3. Mouth closed !!! 4. Breathe OUT though your nose (recomended) or your mouth
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Supply and Demand are the most fundamental tools used in economic analysis. I will explain what demand is and how the demand curve is derived. I will also write about Supply and its relationship with Demand. I will examine equilibrium price (market clearing price) and how we can calculate or plot it. I will attempt to show how market surpluses and market shortages are caused and their effect on product prices. Factors of cost and the decisions regarding cost will be covered. I hope to covey how cost
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