CHAPTER –6 Credit creation by commercial Bank Demand deposits as money Bank deposits are two types. 1. Demand Deposit 2. Time deposit The demand deposits on which cheques are issued are also called as cash deposits or current deposits. D.D are therefore‚ almost as good as cash money the depositor can convert a part or the whole of the current account in currency notes at any time. According to T.T Sethi “A demand deposit is the obligation of a bank to pay a certain sum of money to a specified
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for a NM Federal Credit Union Credit unions in New Mexico are holding nearly $8 billion in assets. The top three New Mexico credit unions loaned more than $2.1 billion in 2012. A NM Federal Credit Union the third smallest CU in the metro area‚ operates two locations in Albuquerque and one location in Farmington‚ NM. The credit union has total assets of $53‚598‚091.00 as of 11/2013. The following analysis of A NMFCUis prepared to highlight the competitive market in which the credit union operates
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Durkheim’s Division of Labour in Society Author(s): J. A. Barnes Source: Man‚ New Series‚ Vol. 1‚ No. 2 (Jun.‚ 1966)‚ pp. 158-175 Published by: Royal Anthropological Institute of Great Britain and Ireland Stable URL: http://www.jstor.org/stable/2796343 . Accessed: 06/05/2013 07:42 Your use of the JSTOR archive indicates your acceptance of the Terms & Conditions of Use‚ available at . http://www.jstor.org/page/info/about/policies/terms.jsp . JSTOR is a not-for-profit service that helps scholars
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Group #5: Atantayeva Dinara 20091404 Baishuakhova Aidana 20090819 Kassymova Assel 20090819 Mustapayeva Aigerim 20090937 Zhalgassuly Alikhan 20080779 41. Eximbank Kazakhstan JSC CEO: Prihojan Dmitriy Anatolevich (Прихожан Дмитрий Анатольевич) Education: 1990-1995 Kazakh State University named Al-Farabi Previous work: May 1995 - May 1997 – Lawyer in KazKom Bank May 1996 – August 1999 – Deputy Head in Air Kazakhstan Working Sphere: Jurisprudence; Bank and Investment
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Debits & Credits In each and every accounting transaction‚ there are at least two elements (accounts) involved. These accounts are either debited or credited‚ with the amount that is reflected in the transaction‚ depending on the nature of the account (Real/Personal/Nominal) and the rule applicable to it. Golden universal rules of Debits & Credits Accounting elements are categorized into three groups; Real - examples are cash‚ equipment‚ furniture etc. Personal - Proprietor’s Capital
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Credit Appraisal is the process by which a lender appraises the technical feasibility‚ economic viability and bankability including creditworthiness of the prospective borrower. Credit appraisal process of a customer lies in assessing if that customer is liable to repay the loan amount in the stipulated time‚ or not. Here bank has their own methodology to determine if a borrower is creditworthy or not. It is determined in terms of the norms and standards set by the banks. Being a very crucial step
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SUBJECT: CENTRAL BANKING CREDIT CREATION AND MONEY SUPPLY PROJECT SUBMITTED TO PROF.RASHMI CREDIT CREATION Credit creation is one of the important functions of a commercial bank. It constitutes the major component of money supply in the economy commercial banks differs from other financial institutions in this aspect. Other financial institutions transfer money from the lenders to the borrowers. Commercial banks while performing the same function‚ they create credit or bank money also. Professor
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Flexible Labour Markets. - Benefits and Disadvantages Flexible labour markets involve a minimum of government intervention‚ they are labour markets which work efficiently and are competitive. Many supply side economists argue flexible labour markets are of great importance in reducing unemployment and improving the competitiveness of the economy. Advantages: 1. Opportunity to exploit 24-hour economy 2. Contributes to an improvement in the inflation-unemployment trade off 3. Flexible wages
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Outsourcing After Hours Customer Services in Credit Unions BUSU-630 February 18‚ 2013 Introduction Credit Unions are part of the financial services industry that operates in constantly changing environment. Credit unions have been attracting customers and growing their business by focusing on the “credit union difference” defined as not for profit but for the idea of service and people helping people. They are popular financial alternatives among many people that value being treated
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CHAPTER 6 Case 1: Telepresence: Meeting Without Traveling 1. What kinds of limitations do you see for users of telepresence? Is it really a substitute for face-to-face meetings? Make a list of features of face-to-face meetings. Then consider a range of business situations as an employee‚ from initial hire‚ to working with a team‚ to understanding what your boss wants‚ and even a termination meeting. How would telepresence work for you in these situations? Face to face meetings have eye
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