Merchant Banking Merchant banking may be defined as‚ “an institution which covers a wide range of activities such as management of customer services‚ portfolio management‚ credit syndication‚ acceptance credit‚ counselling‚ insurance‚ etc.” Merchant Banks are popularly known as “issuing and accepting houses”. They offer a package of financial services. Unlike in the past‚ their activities are now primarily non-fund based. One of the basic requirements of merchant banks is highly professional
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The Rise of Mobile Banking It is truly amazing how fast new ideas can manifest themselves in such a mysterious world filled with mystery and opportunities. These ideas are able to take on the world by full throttle with the strong encouragement of particular communities and groups of people. Within the finance world‚ new technologies have had such a substantial impact in a vast amount of areas. The ways of doing things are growingly simpler thanks to the massive contribution to this technology
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Merchant Banking In India • Merchant Banking In India: The merchant banker are those financial intermediary involved with the activity of transferring capital funds to those borrowers who are interested in borrowing. The activities of the merchant banking in India is very vast in nature of which includes the following a) The management of the customers securities b) The management of the portfolio‚ c) The management of projects and counseling as well as appraisal d) The management of underwriting
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employee needs related to CSR‚ (4) focus on strengthening employee identification with the company‚ and (5) engage employees in co-creating CSR value. 2 CORPORATE SOCIAL RESPONSIBILITY AS AN INTERNAL MARKETING STRATEGY In today’s employment market‚ competition for employees who are talented‚ creative‚ and driven to satisfy customers is fierce‚ amounting to what McKinsey & Company has characterized as a war for talent. 1 Thus‚ a company’s success hinges on their ability to attract
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The Reformed System: Interest Free Banking ………………………………….. Dr. Sirajuddin H Chougle‚ Dr. Abdul Majid Ansari‚ Associate Professors‚ Department of Commerce‚ Maharashtra College‚ Nagpada‚ Mumbai. 400 008.India Contact:sirajchougle@gmail.com ……………………………………………………………………………… Abstract One major problem the world faces today is acute poverty or widening gap between rich and poor. There have been continuous efforts to tackle this issue. The efforts are made to develop a balanced world. Banks
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SECTORS OF ECONOMY The three-sector theory is an economictheory which divides economies into three sectors of activity: extraction of raw materials (primary)‚ manufacturing (secondary)‚ and services (tertiary). It was developed by Colin Clark and Jean Fourastié. According to the theory‚ the main focus of aneconomy’s activity shifts from the primary‚ through the secondary and finally to the tertiary sector. Fourastié saw the process as essentially positive‚ and in The Great Hope of the Twentieth
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BANKING SYSTEM IN INDIA Banking system in India plays a vital role in the economic development of a country. Banking system in India can be broadly divided into unorganized sector and organized sector. Unorganized sector mainly comprises of money lenders and indigenous bankers. The organized sector consists of commercial banks‚ co-operative banks and regional banks. Apart from these institutions which provide short-term credit to businesses‚ there are number of specialized term lending institutions
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represents the equilibrium in goods markets. According to Mishkin (2009) IS curve is downhill as it corresponds to the increase in the interest rate that leads to the decrease of overall output. Upward slopping curve (LM) depicts the equilibrium in Financial Markets‚ whereas the increase of income will be followed repeatedly with the growth of the interest rate. E represents the intersect of the equilibrium in financial markets (LM) and equilibrium in goods markets (IS). The IS-LM curves‚ more precisely
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operation of this program segment. Defend your choices. -1‚0‚49‚50‚51‚69‚70‚71‚84‚85‚86‚99‚100‚101 All values one below the other‚ and one above the various numbers strictly for researching if the actual numbers work properly. o Give a set of test values that will cause each of the branches to be executed. Some test values would be 25‚65‚ 75‚ 95 and 101 in which 101 would be default. o Give a set of test values that test the abnormal operation of this program segment. Test values that would have
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PRIVATE SECTOR VS PUBLIC SECTOR ACCOUNTING STANDARD 1. INTRODUCTION The global financial crisis has demonstrated that the public sector as well as the private sector needs the highest quality accounting standards. Around the world‚ accounting in the public sector is practiced in diverse ways and struggles to achieve comparable standard in accountability and transparency. The Securities Act of 1933 gave the commission the authority to prescribe accounting standards to be followed by the companies
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