Offshore banking is newly introduced by modern banking system. There are two different types of banking - regular "Onshore" banking and "Offshore" banking. The term "Offshore" means many things to many people. Basically the "offshore" consists of those countries which have adopted specific offshore company and/or offshore banking legislation and which have legislated privacy laws and regulations. OFFSHORE BANKING Offshore banking is a banking process happens outside the country of residence of
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E-Banking INTRODUCTION A sound and effective banking system is the backbone of an economy. The economy of a country can function smoothly and without many hassles if the banking system backing it is not only flexible but also capable of meeting the new challenges posed by the technology and other external as well as internal factors. channel. The technology holds the key to the future success of Indian Banks.. The existence of Electronic banking also becomes inevitable due to the standards
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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) via a telecommunication network without the need to go at the bank’s branch offices. Electronic banking comprises all electronic channels customers use to access their
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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
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Introduction: e-banking is defined as the automated delivery of new and traditional banking products and services directly to customers through electronic‚ interactive communication channels. E-banking includes the systems that enable financial institution customers‚ individuals or businesses‚ to access accounts‚ transact business‚ or obtain information on financial products and services through a public or private network‚ including the Internet. Customers access e-banking services using an intelligent
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I. Internet or Online Banking Internet banking is the act of conducting financial intermediation on the internet. It includes offering of information and selected services through the World Wide Web by banks and other financial service firm. For those who are quite new to the concept of online banking‚ this type of service offered by banks actually works the same way as traditional banking. The major difference lies in the convenience offered by online banking particularly when it comes to making
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have higher demand during Chinese New year. During Chinese New Year‚ all the people will wear new clothes‚ which represent “remove the old and welcoming something new”. Therefore‚ many Clothing store will have a big promotion‚ to attract more customers‚ and this will also attract Malay and India people to buy new clothing. In additional‚ Clothing store have their own big promotion is also because their need to empty their old stock on every end of the year. Furthermore‚ most famous brand will have
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World History Cromwell Age of Exploration During the Age of Exploration in 1400-1700‚ European explorer discovered new lands. The reason why explorers travel were God‚ gold‚ and glory.Europeans believed they were going to Asia for the spice trade‚ but actually discovered The New World . From the discovery of The New World‚ two cultures collided.People debated about whether or not European explorers should still be glorified to society. The effect of exploration were both positive and negative
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Cited: Flowers‚ Sarah. Space Exploration: A Pro/Con Issue. Berkeley Heights‚ NJ: Enslow‚ 2000. Print. Harris‚ Joseph. "Space Technologies and Everyday Life." Space Exploration: Impact of Science and Technology. Pleasantville‚ NY: Gareth Stevens Pub.‚ 2010. 28-35. Print. Miles‚ Marvin‚ and Rudy Abramson. "Armstrong Beams His Words to Earth After Testing
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A SUMMER TRAINING PROJECT REPORT ON “CUSTOMER SATISFACTION ON ICICI BANK” Submitted in the partial fulfillment for the award of Degree of Bachelor in Business Administration 2010-13 UNDER THE GUIDANCE : SUBMITTED BY: Ms.Sonia Arora Jacob Varghese FACULTY (Management)‚ CPJCHS Enroll.No.-10421501710 BATCH NO.- 2010-13 CHANDERPRABHU JAIN COLLEGE OF HIGHER STUDIES & SCHOOL OF LAW An ISO 9001:2008 Certified Institute
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