the customers. Accordingly‚ SJIBL is offering different type of deposit scheme bearing highest rate of return. Mudarabah Deposit Scheme‚ Monthly income scheme and Millionaire scheme are the most popular offers that are completely innovation in the banking sector and widely accepted by the clients. With crumble down of the world economy‚ it is observed that the competition becomes intensive in the globalization process. Our country has also participated in the race for its existence. Therefore‚ it becomes
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IT Programs Faculty Name Email ID Program Diploma in Computer Application - DCA ; Advanced Diploma in Computer Application – ADCA; Integrated - Master of Computer Application – MCA D.I.T. - Diploma in Information Technology; B.Sc. ITBachelor of Science in Information Technology Diploma in Graphics and Web Design (DGWD); Advance diploma in Animation & Audio visual effects ADAAE ; Bachelor of Science in Multimedia & Animation – BSc MM & A Post Graduate Diploma in Information Technology – PGDIT; Master
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Islamic Banking vs. Conventional Banking In most Islamic countries‚ they tend to practice two types of financing in banking industry which are conventional and Islamic banking. The country like in Malaysia has successfully developed an Islamic banking system that operates in parallel with the conventional banking system. There is similarity between conventional banking and Islamic banking which helps to promote economic growth provided financing services such as credit facilities for business activity
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Online banking (or Internet banking or E-banking) allows customers of a financial institution to conduct financial transactions on a secured website operated by the institution‚ which can be a retail bank‚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 service‚ and set up some password (under various names) for customer verification. The password for
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that he created during his time now have a new meaning behind it. As civilizations continue to advance and change with time‚ the language also changes as well which is why the phrases and expressions used back then have some different meanings in present day. For example‚ the phrase‚ "Good riddance‚" can be interpreted as an expression to be rid of someone or something. Some expressions from Shakespeare’s plays might have meant something different in the past because language is susceptible to change
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modern day society‚ our fascination with heroes are boundless. As young children we aspired to be heroes on own right to save the world from the scrawny hands of evil and villains pot rates in everything from comics‚ cartoons to masterpiece literature such as .........The characters often does what is normally per cover as impossible and drive our fascination with their strong moral compasses for social justice and teach us important socio-cultural values. Heroes in the past and present day works
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Reading Material Concepts and definitions of various banking terminology. All the information is collected using various free web-sites on internet for the purpose of enhancing knowledge of the participants in the field of banking. 1 Banks in the economy Role in the money supply A bank raises funds by attracting deposits‚ borrowing money in the inter-bank market‚ or issuing financial instruments in the money market or a capital market. The bank then lends out most of these funds to
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Technology in Banking Towards Improving Business Performance and Customer Engagement Institute for Development and Research in Banking Technology (Established by Reserve Bank of India) Banking Technology – Towards Improving Business Performance and Customer Engagement resources |2 Foreword Technology today has become synonymous with banking and Indian banks have put in place a fairly strong infrastructure to leverage its benefits. IT has made a visible difference in the functioning
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banks store the valuables of their customers and certify their true value. Answer: Safekeeping of valuables 2. The fact that financial institutions make loans based on confidential information is the _______________________ theory of banking. Answer: delegated monitoring 3. _______________________ refers to when a financial institution trades one form of currency for another. An example of this would be when the bank trades dollars for yen for a fee. Answer: currency exchange
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Introduction1 The term ‘‘banking’’ can be applied to a large range of financial institutions‚ from savings and loans organisations to the large money-centre commercial banks in the USA‚ or from the smallest mutually owned building society to the ‘‘big four’’ shareholder owned banks in the UK. Many European countries have large regional/cooperative banks in addition to three to five universal banks. In Japan‚ the bank with the largest retail network is Sumitomo Mitsui Banking Corporation‚2 but its main
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