CHAPTER I INTRODUCTION PART A- BANKING INDUSTRY Indian Banking has come from a long way from being a sleepy business organization to a highly proactive and dynamic entity. This transformation has been brought by the liberalization and economic reforms that allowed Banks to explore new business opportunities. Banking in India has evolved through five distinct phases. Each phase could be separated from the other by a landmark development in the sphere of Banking Sector. Phase I –Pre-independence
Premium Bank
American Tobacco sells the leading brands in over 30 markets covering 102 countries‚ has more than 200 brands worldwide‚ employs more than 55‚000 people and produces some 2 billion cigarettes every day. British American Tobacco Bangladesh Company Limited is one of the largest private sector enterprises in Bangladesh‚ incorporated under the Company’s Act 1913 on 2nd February 1972. BAT has over the decades consistently invested in Bangladesh market through Bangladesh Tobacco Company (BTC). Thus BTC
Premium Tobacco Cigarette
A. DEFINITION Definition of ’Central Bank’ The entity responsible for overseeing the monetary system for a nation (or group of nations). Central banks have a wide range of responsibilities‚ from overseeing monetary policy to implementing specific goals such as currency stability‚ low inflation and full employment. Central banks also generally issue currency‚ function as the bank of the government‚ regulate the credit system‚ oversee commercial banks‚ manage exchange reserves and act as a lender
Premium Monetary policy Central bank Federal Reserve System
Introduction Banking can be defined as the business activity of accepting and safeguarding money owned by other individuals and entities‚ and then lending out this money in order to earn a profit. However‚ with the passage of time‚ the activities covered by banking business have widened and now various other services are also offered by banks. The banking services these days include issuance of debit and credit cards‚ providing safe custody of valuable items‚ lockers‚ ATM services and online
Premium Bank Banking Deposit account
now a days all the sectors were emerging with the use of technology‚ the banking sector also adopting technology in different aspects to their effective performance in the competitive environment‚ and through this they are rendering the best services to their customers. The term “banking technology” refers to the use of sophisticated information and communication technologies together with computer science to enable banks to offer better services to its customers in a secure‚ reliable‚ and affordable
Premium Bank
1. Introduction 1 2. Executive Summary 1 3. Trends in Retail Banking 2 4. About the Internet 2 5. Virtual Banking and Applications 3 5.01. Interactive Application 4 5.02. Smart Cards 4 6. Online Banking System Security 5 6.01. Cryptography 6 6.02. Firewalls and Routers 7 6.03. Trusted Operating Systems 7 7. Supervision and Regulations of Network Banking 8 8. Conclusion 12 9. References 14 Introduction The
Premium Bank Banking
Banking in India: evolution in technology Thought Paper www.infosys.com/finacle Universal Banking Solution | Systems Integration | Consulting | Business Process Outsourcing Origins of banking The origins of banking can be traced to ancient times‚ starting with rudimentary money lending and bartering practices for agricultural and other commodities. But it gained great momentum only after the industrial revolution which commenced in Europe in the 17th century‚ when Europeans started
Premium Bank Online banking Banking
Internet Banking 1 Yan-Qin Su‚ 2Ying-Jun Sun 1 2 Yan-Qin Su‚ Business School‚ University of Shanghai for Science and Technology‚ Shanghai‚ China Ying-Jun Sun‚ Business School‚ University of Shanghai for Science and Technology‚ Shanghai‚ China Email: suyanqin88@126.com Abstract –With the development of Internet‚ online banking has become a development trend of Bank. It also provides more opportunity for the profits. The advantages of the online banking draw attentions from each bank. Its
Premium Bank
Introduction Many banks have established presence on the Internet and many others are in the process of doing so. Using telecommunication systems and networks‚ a bank can reach out to customers and provide them with not only general information about its services but also the opportunity of performing interactive banking transactions. In electronic banking‚ bank customers can request information and carry out most banking services (e.g. balance reporting‚ inter-account transfers‚ and bill payment)
Premium Bank Mobile phone
Introduction Universal Banking Why Innovations in Banking? Significance of IT Innovation in the Banking Sector Impact of Banking Innovations in a Developing Economy Innovations in Indian Banking Industry – An Update About ING Vysya Bank Innovations @ ING ING Vysya Bank making a difference in Indian Banking Industry Technology in Banking Conclusion References Pages 2 2 3 4 5 6 7 9 9 10 14 15 16 1 [MANAGERIAL INNOVATIONS @ ING] February 28‚ 2013 Executive Summary Banking in India originated
Premium Bank