STUDY ON INNOVATIVE PRODUCT AND SERVICES IN AXIS BANK Executive Summary The project is based on the product and services of Axis bank. AXIS Bank is India’s third largest private sector bank. It started its operation in 1994 and after that‚ the Government of India allowed new private banks to be established. Before it was as United Trust of India (UTI) bank that had a special position in the Indian capital markets and has promoted
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Bank Loan Bank loan is borrowing money from the bank. A bank loan is the most common form of loan capital for a business and usually provides loan for medium and long term. It is one of the safest source of finance because it has fixed interest rate. Advantages One of the benefit of borrowing money from bank is better rates. Normally‚ bank will offer loans with interest less than 10%‚ making them a better choice for large loans and purchases‚ as well as expanding their business with lower cost compared
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Islamic Banks No. Name Ownership 1 Affin Islamic Bank Berhad L 2 Al Rajhi Banking & Investment Corporation (Malaysia) Berhad F 3 Alliance Islamic Bank Berhad L 4 AmIslamic Bank Berhad L 5 Asian Finance Bank Berhad F 6 Bank Islam Malaysia Berhad L 7 Bank Muamalat Malaysia Berhad L 8 CIMB Islamic Bank Berhad L 9 HSBC Amanah Malaysia Berhad F 10 Hong Leong Islamic Bank Berhad L 11 Kuwait Finance House (Malaysia) Berhad F 12 Maybank Islamic Berhad L 13 OCBC
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on banks QUESTIONNAIRE “Comparative Study on public and private sector banks” Dear customer‚ We are the students of C.T.I.E.M.T. Shahpur‚ Jalandhar. We are undergoing the project entitled named “Comparative Study on public and Private sector banks” So by filling this questionnaire please helps us in completing our project. Q1. Which Sector bank do you have your account? Public ( Private ( Both ( Q2. In which bank do you have your Account?
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Lecture 11: Handout The Regulation of Banks Date: 28 April 2004 Module: International Banking Why Regulate Banks? Banks are intermediaries between money suppliers and those who need money. Commercial banks are most heavily regulated financial institutions. Five main reasons for regulation: I. The first is to ensure the safety and soundness of banks. The purpose is to maintain I) domestic and II) international confidence‚ III) protect depositors and ultimately taxpayers
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Role of Information Technology (IT) in the Banking Sector Banking environment has become highly competitive today. To be able to survive and grow in the changing market environment banks are going for the latest technologies‚ which is being perceived as an ‘enabling resource’ that can help in developing learner and more flexible structure that can respond quickly to the dynamics of a fast changing market scenario. It is also viewed as an instrument of cost reduction and effective communication with
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Bank Accounting Bank accounting consists in making written‚ permanent records of every transaction. Every penny must be accounted for. The statement of the bank‚ which we have just discussed‚ shows the general‚ or control‚ accounts of the bank‚ and the various books of the bank show the detail of these items. It would not be impossible‚ but it would be entirely impractical‚ to enter every figure directly on the statement of condition. We might imagine an enormous sheet on which the capital is entered
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ROLE OF BANKS First‚ they take a leading role in developing other financial intermediaries and markets. Second‚ due to the absence of well-developed equity and bond markets‚ the corporate sector depends heavily on banks to meet its financing needs. Finally‚ in emerging markets such as India‚ banks cater to the needs of a vast number of savers from the household sector‚ who prefer assured income and liquidity and safety of funds‚ because of their inadequate capacity to manage financial risks Definition
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Commercial banking activity BLF is an old established leading bank in Corporate Banking and an active professional provider of quality services to the Lebanese and regional markets. Our specialized team covers all segments of the business and is fully dedicated and committed to present our clients with needed advisory and adapted solutions to their requirements. Commercial banking activities are carried out through two main commercial divisions: the small and middle market banking division and
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Introduction To Banks Banks have developed around 200 years ago. The natures of banks have changed as the time has changed. The term bank is related to financial transactions. It is a financial establishment which uses‚ money deposited by customers for investment‚ pays it out when required‚ makes loans at interest exchanges currency etc. however to understand the concept in detail we need to see some of its definitions. Many economists have tried to give different meanings of the term bank. Nature
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