PRIORITY SECTOR LENDING Some areas or fields in a country depending on its economic condition or government interest are prioritized and are called priority sectors i.e. industry‚ agriculture. These may further be sub divided. Banks are directed by the state bank of the country that loans must be given on reduced interest rates with discounts to promote these fields. Such lending is called priority sector lending. The different segments of the priority sector are as follows: 1. Agriculture 2
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BANKING SECTOR CONSOLIDATION IN NIGERIA AND THE STRATEGIES FOR GENERATING SUPERIOR RETURNS NOVEMBER 2005. ABSTRACT Since the bank consolidation promotion policy of the Federal Government began in earnest last year‚ a number of reforms have taken place in the Nigerian Banking sector. The ability of the industry players to embrace recapitalisation and the success of quite a number of banks in meeting the deadline stipulated by the regulatory authorities has indeed strengthened the faith of Nigerians
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Role of It in Banking Sector Summary: The article presents a study which aims to analyze the role of information technology (IT) in the banking industry. Based on the article‚ technological innovations have enabled the industry to open up efficient delivery channels. It is said that IT has helped the banking industry to deal with the challenges the new economy poses. The study also examines the views of bank employees on the implementation of IT in banks. According to the author‚ private and
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This report investigates the role of information technology in insurance sector and examines that how information technology affects insurance sector. What are insurance and brief history of the insurance and its types and the concept of insurance in Islam? Role of information technology in insurance sector The discussion then focuses on the advantages and disadvantages of Information technology use today in insurance sector and the reasons for insurance. Then it will tells us that how IT helps companies
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but to attract the foreign investment‚ as an engine of dynamic growth especially in view of fast paced movement of the world forward Liberalization‚ Privatization and Globalization. Limits for FDI FDI in the banking sector has been liberalized by raising FDI limit in private sector banks to 74 per cent under automatic root including investment by foreign investment in India. The aggregate foreign investment in a private bank from all sources will be 74 per cent of paid-up capital of the bank.
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International Institute Of Professional Studies Indore Term Paper: PERFORMANCE ANALYSIS OF PUBLIC SECTOR BANKS (BANK OF INDIA AND PUNJAB NATIONAL BANK) AND THEIR COMPARATIVE ANALYSIS SUBMITTED TO: SUBMITTED BY: Dr. Kapil Sharma Atul Gupta IM-2K7-23 BANK OF INDIA INDUSTRY – Banking PSU BANK PROFILE Bank of India was founded on 7th September‚ 1906 by a group of eminent businessmen from Mumbai. The Bank was under private ownership
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Introduction India is in the midst of a retail boom. The sector witnessed significant transformation in the past decade from small-unorganized family-owned retail formats to organized retailing. Indian business houses and manufacturers are setting up retail formats while real estate companies and venture capitalist are investing in retail infrastructure. Many international brands have entered the market. With the growth in organized retailing‚ unorganized retailers are fast changing their business
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5/21/2010 Institute of Business Administration‚ University of the Punjab | | | Impact of Services Sector on Economy of Pakistan | Submitted To Ms. Bushra Usman BBA 2007-Semester 6 (morning) University of the Punjab Institute of Business Administration Submitted By Junaid Khalid Butt Roll # 19 | Roll #19 | Wafa Sohail Roll # 01 | Roll # 01 | Nida Tabbasum | Roll # 16 | Saad Khalil Roll # 42 | Roll # 42 | Asma Kiran Roll # 43 | Roll # 43 |
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Instead of keeping peoples’ savings idle‚ banks inject this working capital in the economy; as long as capital is kept flowing in the economy‚ both the banks and the economy will remain sound and healthy. The function of an efficient Financial Sector in the Economy The function of an efficient
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unit b. How to use this workbook c. Learning outcomes – mandatory unit d. Specific assessment criteria – mandatory unit e. Skills scan for mandatory unit Section 2 a. Professionalism for teachers in the Lifelong Learning Sector b. Personal professional responsibility including professional registration c. Encouraging personal development and raising aspirations Section 3 a. Celebrating diversity in teaching and learning b. Policy and policy drivers
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