INTERNSHIP PROJECT REPORT ON “STUDY OF LAUNCH OF SBI NEW TECH PRODUCT SB ACCOUNT” Internship Report submitted to SBI in completion of the requirement of Summer Internship at State Bank of India‚ IGMC SHIMLA (04054). Submitted to Submitted by Mr Rajiv Ranjan HANS RAJ Branch Manager MBA 12210 IGMC Shimla (04054) SHIMLA-1 APG University Shimla-9 BETCH : 2012-2014 Date: 03/08/2013
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The Bank went on to cross-sell and up-sell its products aggressively‚ growing into India’s second largest bank. But ICICI was not only looking at banking. In 1993‚ the company set-up ICICI Securities and Finance Company Limited in a joint venture with JP Morgan‚ and the same year‚ it set up ICICI Asset Management Company. This was the just the beginning; several mergers‚ acquisitions and joint ventures followed ICICI is one of the leading private
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COMPLIANCE FUNCTION IN BANKS Kunal Vasu Mallik On account of increasing globalization and deregulation world over‚ the financial sector is experiencing tremendous growth ‚ diversification and innovation. In the face of it the banking system‚ the major player in the financial sector‚ have become susceptible and banking crises have grown‚ causing or aggravating economic downturns leading to significant fiscal costs. The continuous process of diversification and evolution of products creates
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SERVICE SECTOR MANAGEMENT | ICICI BANK AND AXIS BANK | WHAT IS A BANK? A banker or bank is a financial institution whose primary activity is to act as a payment agent for customers and to borrow and lend money. In other words‚ an institution where one can place and borrow money and take care of financial affairs ABOUT The Banking sector in India has always been one of the most preferred avenues of employment. In the current decade‚ this has emerged as a resurgent sector in the Indian economy
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Central Bank The central bank is nowadays primarily an agency for monetary policy. It usually also has important financial stability functions‚ and those become more prominent during times of financial turmoil. Price stability denotes a level of sustainable inflation low enough that economic agents may ignore it in their investment‚ consumption and saving decisions. The Bank shall‚ provided that it shall not be in confliction with the objective of achieving and maintaining price stability‚ support
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Central banking functions have evolved gradually over decades. Their evolution has been guided by ever-changing need to find new methods of regulating‚ guiding and helping the financial system (particularly‚ the banks). In other words‚ the evolution of central banking functions has tended to coincide with the evolution of the financial systems of the world economies. Let us recount the leading functions. 1. Note Issue: It is considered one of the primary functions of a central bank. The entire financial
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33 Functions of Commercial Banks 33.1 Introduction You have studied in the earlier lesson about different types of banks and their nature. It may be of interest to you now to know about the various services/functions performed by commercial banks. In this lesson‚ you will study about the various services provided by commercial banks to the business community in particular and the public in general. 33.2 Objectives After studying this lesson‚ you will be able to describe the various functions
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33.3 Functions of Commercial Banks The functions of a commercial banks are divided into two categories: i) Primary functions‚ and ii) Secondary functions including agency functions. i) Primary functions: The primary functions of a commercial bank include: a) accepting deposits; and b) granting loans and advances; a) Accepting deposits The most important activity of a commercial bank is to mobilise deposits from the public. People who have surplus income and savings find it convenient to
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The five major structures of the brain are myelencephalon‚ Metencephalon‚ mesencephalon‚ diencephalon and telencephalon. The myelencephalon carries signals from the brain to the entire parts of the human body and it is also uniquely shaped looking like a little net. The Metencephalon is made up of ascending and descending tracts just like the myelencephalon. It has two major divisions which are pons and the cerebellum. The mesencephalon has two divisions also and they are the tectum and the tegmentum
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The Brain has five major structures . These structures include the mesencephalon‚ metencephalon‚ myelencephalon (or medulla)‚ telencephalon‚ and diecephalon. All of these brain structures contribute different functions within the human body. The brain’s first structure is the myelencephalon‚ which is also called the medulla. The myelencephalon is known as the most posterior part of the brain. The structure of the myelencephalon is made up of bundles of axons called tracts. These tracts carry
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