BANKING SERVICES IN INDIA I. HISTORY OF BANKING IN INDIA There are three different phases in the history of banking in India. 1) Pre-Nationalization Era. 2) Nationalization Stage. 3) Post Liberalization Era. 1) Pre-Nationalization Era: In India the business of banking and credit was practices even in very early times. The remittance of money through Hundies‚ an indigenous credit instrument‚ was very popular. The hundies were issued by bankers known as Shroffs‚ Sahukars
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Demand Estimation Seydou Diallo Strayer University ECO 550: Managerial Economics Dr. Fereidoon Shahrokh November 4‚ 2014 Background I work for Snack-Eeze. We are the leading brand of low-calorie‚ frozen microwavable food. We estimate the following demand equation for our product using the data from 26 supermarkets around the country for the month of April. QD = -2‚000 - 100P + 15A + 25PX + 10I (5‚234) (2.29) (525) (1.75) (1.5) R2 = 0.85 n = 120
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ONLINE BANKING is the banking service that allows the customers to conduct financial transactions on the computerized networks such as internet through secure website with a particular bank. Online banking has no physical presence so the customer can perform banking activities at any place which has got the internet network. Online banking comprises of two things that is internet banking and sim banking. Online banking through traditional banks enable customers to perform all routine transactions
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BANKING AWARENESS 1. On the recommendation of which committee was NABARD established? (a) Shivraman (b) Rangarajan (c) Malegam (d) Vijay Kelkar 2. ‘Swabhiman’‚ the financial inclusion scheme‚ comes under the purview of which ministry? (a) Ministry of Commerce (b) Ministry of Home Affairs (c) Ministry of Finance (d) Ministry of External Affairs 3. RBI was established on ___________. (a) April 1‚ 1925 (b) April 1‚ 1935 (c) April 1‚ 1945 (d) April 1‚ 1955
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affect the economy both at the macro level and micro level. At the macro level‚ alarming degrees of NPAs have a detrimental effect on the macro economy. A high level of NPAs or loss could cause significant banking crisis or banking distress. This causes a serious liquidity and credit risk on the banking system‚ which unless managed effectively would jeopardize the same. Loan Defaults Loan default occurs when a debtor has not made a scheduled payment‚ or has violated a loan condition of the debt contract
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What is Investment Banking “A specific division of banking related to the creation of capital for other companies. Investment banks underwrite new debt and equity securities for all types of corporations. Investment banks also provide guidance to issuers regarding the issue and placement of stock.” An investment bank is a financial institution that helps companies take new bond or stock issues to market‚ usually acting as the intermediary between the issuer and investors. In addition to the services
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What are the impacts of the global financial crisis on Islamic banking system and how Islamic bank spared from the crisis? Accounting Master ’s thesis Salad Addawe 2012 Department of Accounting Aalto University School of Economics i What are the impacts of the global financial crisis on Islamic banking system and how Islamic bank spared from the crisis? Master’s Thesis Salad Araye Addawe Winter 2012 Accounting Approved in the Department of
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Australia. There are many social‚ cultural and environmental determinants that influence the prevalence of smoking amongst certain populations. Some of these determinants are outlined below. Throughout the 20th century‚ there were immense pressures upon the expectation that people smoke tobacco. Over time‚ campaigns run by the government have managed to decrease the prevalence of smoking across Australia. However‚ this social determinant still has a great affect on Aboriginal and Torres Strait Islander
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four perceptions about its online banking counterpart (flow‚ structural assurance‚ perceived Web site satisfaction‚ and perceived extent of future use). The study tests the hypothesized influence of offline trust using a sample of 199 South Korean consumers responding about offline and online banking. Results show that offline trust influences all four online perceptions‚ just as proposed. These effects were especially prominent among respondents new to online banking. Thus‚ offline-to-online transfer
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express demand for a product when you are willing and able to purchase it learn about the factors that cause changes in demand What is demand? - combination of desire‚ ability‚ and willingness to buy a product Main Idea: Demand is a concept specifying the different quantities of an item that will be bought at different prices. the concept of demand is easy to understand because it involves only two variables—the price and quantity of a specific product at a given point in time. Demand Schedule-
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