WORKING REPORT ON “CREDIT POLICY AND CREDIT RISK MANAGEMENT OF IFIC BANK LTD” Chapter 01 Introduction 1.1 Background of Study: A banking institution is crucial at today’s modern macro-economic system both for domestic and international perspective (Mr. Toha‚ personal communication‚ October 5‚ 2011). Banks play a vital role in the economy by providing means of payment and in mobilizing resources (Mr. Shoel‚ personal communication‚ October10‚ 2011). Now people directly or indirectly
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Term Random Variable Definition A variable that takes on different numerical values based on chance Term Discrete Random Variable Definition A random variable that can only assume a finite number of values or an infinite sequence of values such as 0‚1‚2‚3.... Term Continuous Random Variables Definition Random variables that can assume any vallue in an interval. Term Expected Value Definition The mean of a probability distribution. the average value when the experiment
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GYPSY TAROT CARDS Card meanings: Personnel indicators Sweetheart The card signifies the querent herself‚ if she is a woman. If the querent is a man‚ it denotes the love of his life‚ his One and Only. Lover The card signifies the asker himself‚ if he is a man. If the asker is a woman‚ it denotes the love of her life‚ her One and Only. Persons or abstract concepts Widow Denotes an older woman‚ who could be the asker’s mother‚ mother-in-law or older female relative or friend. Depicting
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Define scope. Project Name: Balanced Score Card inception. Introduction/ Overview of the Project: The management introduced various new HR policies to be implemented across the entire plant‚ corporate and Business offices. Balanced Score Card inception into the Performance Management System of the higher level employees‚ including AGM and above (Level E13- E18)‚ was one among such new renovated policies. A total of 195 employees were covered under the project. By redesigning the performance Management
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Tim Bruce The subject that I will be focusing on through the course of this extra credit paper‚ is one about the combination of Aerospace Engineering and Chemistry. I chose this particular topic because of my future life goals. Which include getting a degree in aerospace engineering. I also became interested while researching for this paper in a particular sub topic of the two which is called aerothermochemistry. Aerothermochemistry is the study of gases which takes into account the effect
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Pl card services offers loyalty card services to businesses of all sizes..Loyalty cards is a form of identification when dealing with a retailer and your entitled to either a discount on the current purchase or an allotment of points that can be used for future purchases which brings the customer back again. Hence‚ is a new innovation in Nigeria though it’s been existing in other countries like UK‚ USA etc. therefore PL card services have seen the need to providing these services that will meet the
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having a Three-tier organisational set-up consisting of the Head Office‚ 33 Regional Offices and the Branches. After nationalisation‚ the Bank expanded its branch network in a big way and actively participated in the developmental activities‚ particularly in the rural and semi-urban areas in conformity with the objectives of nationalisation. In recognition of the role played by the Bank‚ it was designated as Lead Bank in several districts and at present it is the Lead Bank in 30 districts in the
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Credit rating agencies have been around for the better part of the 20th century‚ and have played a key role in the financial world by providing ratings on the creditworthiness of bonds and other debt instruments. These ratings are invaluable tools for investors looking to get a better sense of whether a debt instrument is worth investing in. Therefore‚ when assessing the level of risk associated with a bond‚ investors will typically look at its credit rating. Since most investors are looking for
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specific and general risks and offer innovative products. This as per my personal opinion can be achieved by the formal financial institutions even when the so called sound credit principles are applied in a firm-specific manner to suit individual borrowers. In order to obtain bank credit‚ SME loan applicant shall prepre an effective credit proposal ‚in a way‚ that the financial institution could consider favourably . SMEs such as restaurants‚ lathe-work shops‚ brick-kilns‚ grocery stores‚ rice mills
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VALUE BALANCED SCORE CARD -A TOOL OF PERFORMANCE APPRAISAL ABSTRACT:- Balanced score card is a new dimension in the field of performance appraisal. It is a comprehensive‚ top down view of the organizational performance with a strong focus on vision (i.e. goals) and strategy (i.e. performance measures). The balanced score card has become the pre-eminent strategic tool for the management. The success of its implementation is attributable to its focus on strategy and the future. By the help of
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