INTRODUCTION A merchant banking is a financial institution primarily engaged in offering financial services and advice to company and wealthy individuals on how to use their money. A merchant bank deal with commercial banking needs of finance‚ company & long term loans and stock writing. Merchant banking does not have retail offices where customer can go and access their account. A merchant bank is also called as wholesale banking.
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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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INDIAN BANKING SYSTEM A Transition from Traditional Banking to Mobile Banking BY: Abhilasha Sharma Indian Banking system: An Overview Banking in India originated in the last decades of the 18th century. The oldest bank in existence in India is the State Bank of India‚ a government-owned bank that traces its origins back to June 1806 and that is the largest commercial bank in the country. Central banking is the responsibility of the Reserve Bank of India‚ which in 1935 formally took over these
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Banking in India: evolution in technology Thought Paper www.infosys.com/finacle Universal Banking Solution | Systems Integration | Consulting | Business Process Outsourcing Origins of banking The origins of banking can be traced to ancient times‚ starting with rudimentary money lending and bartering practices for agricultural and other commodities. But it gained great momentum only after the industrial revolution which commenced in Europe in the 17th century‚ when Europeans started
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Promotion: The HR department at first determines the number of post to be promoted each year and depending on the organizational needs‚ the HR department promoted employees each year. In Pubali Bank Ltd‚ Promotion are given to Employees Based on their ACR‚ Educational qualifications‚ Job related degree like Banking Diploma etc. An employee minimum required 65 marks in 100 marks to be selected initially for considering his Promotion. If an employee gets below the 65 marks‚ he will not be considered for
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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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INTRODUCTION A bank service helps to distribute resources of a nation from a high concentrated area to a low concentrated area‚ to facilitate national growth and development. But numerous external forces shape the market of bank service (Zeithaml‚ Bitner‚ and Gremler‚ 2009)). The service is affected by economic‚ technological‚ demographic‚ socio-cultural‚ political and legal factors. The level of prosperity‚ changing levels of disposal income‚ inflation rates‚ stock market performance‚ the rate
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------------------------------------------------- Online banking From Wikipedia‚ the free encyclopedia Online banking (or 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 aretail or virtual bank‚ credit union or building society. To access a financial institution ’s online banking facility‚ a customer having personal Internet access must register with the institution for the
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their hearts to fashion and design their economic lives in accordance with the precepts of Islam. The establishment of Islami Bank Bangladesh Limited on March 13‚ 1983‚ is the true reflection of this inner urge of its people‚ which started functioning with effect from March 30‚ 1983. This Bank is the first of its kind in Southeast Asia. It is committed to conduct all banking and investment activities on the basis of interest-free profit-loss sharing system. In doing so‚ it has unveiled a new horizon
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The foundation of Islamic bank is based on the Islamic faith and must stay within the limits of Islamic Law or the Shariah in all of its actions and deeds. The original meaning of the Arabic word Shariah is ’the way to the source of life’ and is now used to refer to legal system in keeping with the code of behaviour called for by the Holly Qur’an (Koran). Amongst the governing principles of an Islamic bank are : * The absence of interest-based (riba) transactions; * The avoidance of economic
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