economic crisis to its status of third largest economy in the world by 2011‚ India has grown significantly in terms of economic development. So has its banking sector. During this period‚ recognizing the evolving needs of the sector‚ the Finance Ministry of Government of India (GOI) set up various committees with the task of analyzing India’s banking sector and recommending legislation and regulations to make it more effective‚ competitive and efficient.[1] Two such expert Committees were set up under
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The Internet Revolution Now‚ with the click of a button‚ consumers are buying just about anything imaginable‚ and all from the convenience of the internet. People no longer have to leave their homes‚ work or where ever there is internet access to make important purchases. Technology has advanced so that companies are conducting business around the world with out ever meeting. No longer do consumers or businessmen have to shake to complete a deal or a sale‚ but merely click down on the mouse
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Vocabulary Mix 1. Instant messaging- a form of communication in which typed text is sent from one person to another over the internet. 2. Spam- unsolicited electronic junk mail or advertisements‚ sent as an e-mail 3. Emoticon- an expression composed of ordinary characters on a phone or computer that represent the writer’s mood or facial expressions. 4. Signature- a block of text automatically appended at the bottom of e-mails. The text may include the sender’s name‚ title‚ etc.
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television‚ telephone or the internet. Access to vast numbers of media has been made possible by our obsession with new technology. Communication is easier and we can experience outside of our immediate social surroundings. One electronic medium’s use has expanded at a remarkable rate‚ which is the internet. The internet has changed how we think as a society and how we communicate. Thanks to the internet‚ society young and old are consumed by the convenience of the internet. On the “web” there is something
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Comparison between Islamic Banking and Conventional Banking Introduction As far as commercial banking is referred‚ there are two main differences from the traditional approaches (conventional or Islamic)‚ and these are very significant evolutions. One is that this method believes commercial banks as serving providers‚ rather of like “money lenders” (conventional) or “investing-collaborators” (Islamic). Interest-free banking is inferred as a sub-model; the conventional banking is considered as an
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INDIAN BANKING SYSTEM: THE CURRENT STATE & ROAD AHEAD ANNUAL SURVEY September 2006 [pic] Federation of Indian Chambers of Commerce & Industry Federation House‚ Tansen Marg‚ New Delhi – 110 001 Executive Summary India’s banking sector is growing at a fast pace. It has become one of the most preferred banking destinations in the world. Indian markets provide growth opportunities‚ which are unlikely to be matched by the mature banking markets around the world. FICCI conducted a survey
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paper’s main aim is to find out which banking system‚(Islamic or conventional) performed better overall.11 different ratios were used and they were grouped into 4 different categories which are Profitability‚Liquidity‚Risk and solvency‚and Efficiency. 5 banks from Islamic will be compared with another 5 banks from conventional banking for a period of 5 years that is from years 2006 to 2010. To see whether there is a difference in the performance of the two banking systems which are Islamic and conventional
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How Internet and Computer Technology has changed the World Culture Internet has changed our lives‚ before the internet‚ Life was completely different. In early times‚ people sent letters for communication‚ but now a day‚ The World Wide Web has changed the world in more than one way. The Internet has suddenly changed politics‚ business‚ and culture. Now today‚ there is no need to sent letters‚ it is the modern era‚ the information technology time‚ in which information can take not more than
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Assignment On Microfinance and Islamic Banking Submitted to: Dr. Mohammed Nurual Islam Department of Business Administration International Islamic University Chittagong Dhaka Campus Submitted by: Rabiul Hossain ID: B092070 Batch no: FIN-5 Date of Submission: 22/02/2013 Microfinance 1. Introduction: Micro financing
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The Internet is one of the most remarkable things human beings have ever made. With the past few decades‚ internet has become so popular and it is an integral part of our daily lives. Email‚ instant messaging and chat are rapidly replacing the conventional forms of correspondence‚ and the Web has become the first port of call for both information enquiry and leisure activity. How is this affecting language? There is a widespread view that as ‘technospeak’ comes to rule‚ standards will be lost. This
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