TCS bags banking software order from SBI India’s largest software services company‚ unlisted Tata Consultancy Services‚ said on Friday it had been chosen by State Bank of India‚ the country’s largest bank‚ to install new trade finance software. TCS will customise and implement the Eximbills software‚ sourced from China Systems‚ a Chinese company that supplies the software to 300 customers in 75 countries. Banks typically use trade finance systems to audit and automate the entire trade finance
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“Purposeful banking sub serving the growing and diversified financial needs of planned economic development of the country” SWOT analysis: Strengths: BRAND NAME: SBI Bank has earned a reputation in the market over the period of time(Being the oldest bank in India tracing history back to 1806) Market Leader: SBI is ranked at 380 in 2008 Fortune Global 500 list‚ and ranked 219 in 2008 Forbes Global 2000. With an asset base of $126 billion and its reach‚ it is a regional banking behemoth. Wide
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INTRODUCTION: Corporate Social responsibility is best defined by the World Business Council as “The continuing commitment by business to behave ethically and contribute to economic development‚ while improving the quality of life of the workforce and their families as well as of the local community and society at large”. Banking is a specialized business. Banks have large number of creditors and failure of one bank can lead to the failure of many other banks as the customers lose faith that can
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HRD OF SBI INTRO Human Resource Development (HRD) is the framework for helping employees develop their personal and organizational skills‚ knowledge‚ and abilities. Human Resource Development includes such opportunities as employee training‚ employee career development‚ performance management and development‚ coaching‚ mentoring‚ succession planning‚ key employee identification‚ tuition assistance‚ and organization development. The focus of all aspects of Human Resource Development is on
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SBI NPA provisioning up three-fold between 2008-09 and 2010-11 PTI Aug 31‚ 2011‚ 04.40am IST Tags: * State Bank Of India| * RBI| * NPA| * IMF| * bad debt NEW DELHI: The government today said provisioning against the non-performing assets (NPAs) of State Bank of India (SBI) increased more than three-fold to Rs 8‚792 crore in 2010-11 from Rs 2‚474 crore in 2008-09 due to a rise in bad debt. This provision in 2010-11 includes a countercyclical buffer of Rs 2‚330 crore toward
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partnering with selective customers to create superior value for the company and the customer. Importance of CRM • • • • Growing de-intermediation process Growth of the services economy Emergence of TQM/ JIT/ MRP/ ERP Advent of digital technology/ complex products/ solution selling • Hyper competition • Changing customer expectation • Globalisation – global account management CRM Process CRM Formation • Purpose – Improve marketing effectiveness – Improve marketing efficiency • Programs – Continuity
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The author here cites this case as a support to influence the importance of customer relationship management’s study in the present market scenario. Due to the facts of big bucks investment in this field while implementing CRM the case shows that it is becoming a rather de-motivating strategy for the companies to invest huge amounts of money in things that doesn’t seem successful‚ analyzing the past records. Customer relationship management is an approach to managing a company’s interactions with
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08.2010 LAST DATE FOR REGISTRATION OF ON-LINE APPLICATIONS : 31.08.2010 On-Line Applications are invited from eligible Indian Citizens for appointment as Specialist Management Executives and Specialist Technical Executives in State Bank of India (SBI). Selected candidate are liable to be posted anywhere in India. The candidates who fullfil eligibility criteria of both posts may apply for both the posts. (B) (C) Experience : Minimum 3 years in evaluating high value proposals in Scheduled Commercial
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THE ROLE OF ECONOMISTS IN BANKS The Crucial Role Of Bank Economists In Transforming The Banking System In India. Economists Have To Be More Main Streamed Within The Operational Structure Of Commercial Banks. Apart From The Traditional Functioning Of Macro-Scanning‚ The Interlinkages Between Treasuries‚ Dealing Rooms And Trading Rooms Of Banks Need To Be Viewed Not Only With The Day-To-Day Needs Of Operational Necessity‚ But Also With Analytical Content And Policy Foresight. Today‚ Operational Aspects
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State Bank of India (SBI) came into existence by an act of Parliament as successor to the Imperial Bank of India. Today‚ State Bank of India (SBI) has spread its arms around the world and has a network of branches spanning all time zones. SBI’s International Banking Group delivers the full range of cross-border finance solutions through its four wings - the Domestic division‚ the Foreign Offices division‚ the Foreign Department and the International Services division. The SBI was formed in 1955
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