Understanding Indian Economy The economy of India is currently the world’s fourth largest in terms of real GDP (purchasing power parity) after the USA‚ China and Japan and the second fastest growing major economy in the world after China. India’s annual growth rate is above 8% while that of China is about 10%. India is a developing country and our economy is a mixed economy. In a mixed economy the public sector co-exists with the private sector. Dadabhai Naoroji is known as the Father
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A PROJECT REPORT ON FOR SATVIK INVESTMENT FINANCIAL SERVICES PVT. LTD SUBMITTED TO NORTH MAHARASHTRA UNVERSITY IN PARTIAL FULFILLMENT OF TWO YEARS FULL TIME MASTER DEGREE IN BUSINESS ADMINISTRATION (MBA) SUBMITTED BY MANGESH GAIKWAD (BATCH – 2009-2011) DEPARTMENT OF MANAGEMENT STUDIES NORTH MAHARSHTRA UNVERSITY JALGAON-425001 Company certificate Declaration I Mr. Mngesh Gaikwad hereby declare that the project entitled “Technical Analysis on Banking Sector” carried out at Satvik Investments
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India‚ “The land of Lords” is the world’s ancient civilization. India is also the land of various cultural diversities‚ where you will find a beautiful contrast of customary and contemporary ingredients. It is a place where you experience spirituality and solitude together. India is a land with legendary sagas‚ rich rituals‚ distinct cultures‚ various festivals and ceremonies. Also a land of historical monuments‚ architectural miracles and rich historical past. Let us know more about India 5‚000
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(Indian) PHASE I The General Bank of India was set up in the year 1786. Next came Bank of Hindustan and Bengal Bank. The East India Company established Bank of Bengal (1809)‚ Bank of Bombay (1840) and Bank of Madras (1843) as independent units and called it Presidency Banks. PHASE II Nationalisation of Imperial Bank of India with extensive banking facilities on a large scale specially in rural and semi-urban areas. It formed State Bank of india to act as the principal agent of RBI and
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banks. A competition has been established within the banks operating in India. With stiff competition and advancement of technology‚ the services provided by banks have become more easy and convenient. The past days are witness to an hour wait before withdrawing cash from accounts or a cheque from north of the country being cleared in one month in the south. Banks are among the main participants of the financial system in India. Banking offers several facilities & Opportunities. This section provides
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CUSTOMER SATISFACTION AT [pic] PUNJAB NATIONAL BANK SUPERVISOR SUBMITTED BY Dr. Suhasini Parashar Anuja (Head‚ Deptt. Of BBA (B&I) Business Administration) 5th Semester Enrollment No:
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The amazing transformation story of State Bank of India (SBI) is a milestone in the history of Indian Banking. During 1951‚ when the first five year plan was launched‚ need was felt for economic generation of rural areas and a bank who can work in the interest of rural development. On the recommendation of All India Rural Credit Survey Committee the creation of a state partnered Bank was taken. Subsequently the Imperial Bank of India was taken over by integrating it with the State owned Bank
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| |[pic] | |Type |Stock Exchange | |Location |Mumbai‚ India | |Coordinates |[pic]18.929681°N 72.833589°E | |Founded |1875 | |Owner |Bombay
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It was in the year 1947 that both India and Pakistan were granted independence on the midnight of August 14-15 but Pakistan celebrates its independence on August 14 and India on August 15. Ironic but interestingly‚ Pakistan first independence day was celebrated as August 15 and later on it became August 14. Another reason was that British Viceroy Mountbatten‚ who chose August 15 symbolizing the surrender of Japan to Allies two years ago as the date‚ preferred to transfer power to Pakistan on August
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of Banking Functions: There is an elaborate framework governing the functioning of banks in India. The principal enactment of which governs the functioning of various banks are as under:- a- Banking Regulation Act 1949 b- Banking Companies (Acquisition and Transfer of Undertaking) Act‚ 1970 c- Banking Companies (Acquisition and Transfer of Undertaking) Act‚ 1980 d- State Bank of India Act‚ 1955 e- Regional Rural Bank Act‚ 1976 f- Companies Act‚ 1956 g- Co- operative
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