ICT in Banking Banking Facilities have been Improved due to ICT. People can now pay for goods using not only cash but plastic cards‚ cheques and direct debit cards. Smart cards can also be used to pay for goods over the internet. A person can now bank from home using the telephone or internet or even through their mobile phones. A person also no longer needs to go to the bank to take out money. Cash machines mean that people can take out money without having to visit the bank
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Green banking is like a normal bank‚ which considers all the social and environmental factors‚ it is also called as a ethical bank. Ethical banks have started with the aim of protecting the environment. These banks are like a normal bank which aims to protect the environment and it is controlled by same authorities as what a traditional banks do. How do Green/Ethical banking differs from Normal banking? There are many differences compared with normal banking‚ they give more weight to environmental
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Investment banking is a type of financial service that focuses on helping companies acquire funds and grow their portfolios. Much of this comes in the form of stock and bonds transfer‚ but investment capital and wholesale corporate acquisitions are also part of the equation. Bankers within this sector are usually highly trained‚ and are widely recognized as some of the most elite participants in the financial marketplace. They are often sought as much for their consulting and advising services as
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The Reformed System: Interest Free Banking ………………………………….. Dr. Sirajuddin H Chougle‚ Dr. Abdul Majid Ansari‚ Associate Professors‚ Department of Commerce‚ Maharashtra College‚ Nagpada‚ Mumbai. 400 008.India Contact:sirajchougle@gmail.com ……………………………………………………………………………… Abstract One major problem the world faces today is acute poverty or widening gap between rich and poor. There have been continuous efforts to tackle this issue. The efforts are made to develop a balanced world. Banks
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How Agent Banking Changes the Economics of Small Accounts ____________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________
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Better education Throughout the years there have been many arguments on how to educate and in whether changing the mode of education‚ and what is the best strategic concept to be used in mainly public schools. In the article “The Banking concept of Education”‚ Paulo Freire is leading an influential figure to guide students into helping them develop their critical thinking and consciousness of freedom. He noticed and studied a dichotomy between the teacher and the student‚ and realized that
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Shadow Banking CEPR‚ October 4‚ 2010 Tobias Adrian‚ FRBNY* with Zoltan Pozsar‚ Adam Ashcraft‚ Hayley Boesky *The views expressed in this presentation are those of the authors and do not necessarily reflect those of the Federal Reserve Bank of New York or the Federal Reserve System. What Are Shadow Banks? • Shadow banks are financial entities that conduct either all three or any one of the classic bank functions: 1. credit transformation‚ 2. maturity transformation‚ 3. liquidity
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Government Debt Placement If a central bank has this responsibility‚ it is expected to place government debt on the most favourable terms possible. Essentially‚ a government can instruct the central bank to raise seigniorage income43 through a variety of methods‚ which include a reserve ratio (requiring banks to set aside a certain percentage of their deposits as non-interestearning reserves held at the central bank – an implicit tax)‚ interest ceilings‚ issuing new currency at a rate of exchange
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predicts that by 2014 75% of Fortune 500 enterprises will open an API Fundamo Mobile Wallet The Fundamo Mobile Wallet is a complete ’standalone’ banking solution with a fully functional and secure account which the customer can use to make convenient and secure payments‚ amongst other things‚ from their mobile phone. It offers transformational banking and is typically delivered by the Mobile Network Operators and Financial Services Organisations wanting to address new market segments with a differentiated
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|PROJECT ON | | | |BANKING FRAUDS | | | SUBMITTED BY: • PRAJAKTA JADHAV - 9
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