Reserve Bank Role Of The Reserve Bank Of India As A Regulator Introduction The regulators of the Indian financial sector are the Reserve Bank of India‚ the Ministry of Finance (Income Tax Department)‚ Foreign Exchange Dealers Association of India‚ Deposit Insurance and Credit Guarantee Corporation‚ Fixed Income Money Market and Derivatives Association of India and the Clearing Corporation of India Ltd. This paper shall deal with the most important of these regulators‚ the Reserve Bank of India
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May 2012. Pp.157 – 176 Bank Profitability: The Case of Bangladesh Mohammad Abu Sayeed*‚ Piyadasa Edirisuriya** and Mohammad Hoque*** This study attempts to examine the impact of asset and liability management on the profitability of commercial banks in Bangladesh. Commercial banks are segmented into high profitable and low profitable and private and public banks. While applying Statistical Cost Accounting (SCA) methods study finds high earning banks experience higher returns from
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Banking in the Bahamas Banking is an important part of the Bahamian economy because it generates a source of income for The Bahamas. In fact‚ banking which is a TERTIARY industry is the second largest industry in The Bahamas. The first bank in The Bahamas was the Government Savings Bank established in 1836. It was also known as the Public Bank of The Bahamas but closed in 1886. In the same year of its collapse‚ a Government Savings Bank was established under the control of the Post Office Department
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Shadow Banking System and its role in the global financial crisis What is shadow banking system Shadow Banking System (SBS) refers to a collection of financial entities‚ infrastructures and practices which support financial transactions but beyond the regulation and monitor from the government or official regulators. Some financial institutions‚ like investment banks‚ may conduct some their transactions in the shadow banking system‚ but they are not SBS institutions themselves. The term was
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Bibliography: Chaudhury‚ Abijit; Jean-Pierre Kuilboer (2002). e-Business and e-Commerce Infrastructure. McGraw-Hill Frieden‚ Jonathan D.; Roche‚ Sean Patrick (2006-12-19). "E-Commerce: Legal Issues of the Online Retailer in Virginia”. Richmond Journal of Law & Technology chapter:13 ‚p:(2) Graham‚ Mark (2008). "Warped Geographies of Development: The Internet and Theories of Economic Development" . Geography Compass pp: 771. Kessler‚ M. (2003). More shoppers proceed to checkout online. Retrieved
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INTRODUCTION TO ISLAMIC BANKING The term Islamic banking refers to a banking activity or a system of banking that is in consonance with the basic principles of Islamic Shariah (rules and values set by Islam). Islamic banking is also known as interest free banking system as the Shariah disallows the acceptance of “Riba” or interest rate for the accepting and lending of money. In Islamic banking system‚ a business that offers good interest rates or services is strictly prohibited and it
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Taking Mobile Banking Corporate Universal Banking Solution System Integration Consulting Business Process Outsourcing It’s ironic that in a world that has gone mobile‚ corporate treasurers and CFOs are still tethered to their desks because they need computer access to issue approvals using corporate Internet banking. While consumer mobile banking has soared in recent years ever since the smartphone arrived on the scene‚ its corporate cousin is yet to take off. However‚ according to various
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The term bank comes from the French word “Banco” which means a bench. A bank is a financial institution which deals with deposits and advances and other related services. It receives money from those who want to save in the form of deposits and it lend it to others. Functions of Commercial Bank Primary Function: The primary functions of bank are also knowns as banking functions . They are the main functions of a bank. Accepting Deposits SAVING DEPOSITS An persone can open an saving account
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March 2012 Electronic Banking or many consumers‚ electronic banking means 24-hour access to cash through an automated teller machine (ATM) or Direct Deposit of paychecks into checking or savings accounts. But electronic banking involves many different types of transactions. Electronic banking‚ also known as electronic fund transfer (EFT)‚ uses computer and electronic technology as a substitute for checks and other paper transactions. EFTs are initiated through devices like cards or codes that
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DR.MAC INTRODUCTION Online banking(Internet banking or E-banking) allows customers of a financial institution to conduct financial transactions on a secure website operated by the institution‚ which can be a retail or virtualbank‚ credit union or building society. It may include of any transactions related to online usage. Online banking lets you take of your banking needs by logging on to your bank ’s website with a customer number or user name and password‚ same financial
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