INVESTMENT AVENUES 1.1 INTRODUCTION TO INVESTMENT The money one earns is partly spent and the rest is saved for meeting future expenses‚ instead of keeping savings idle one may like to use savings in order to get returns on it in the future‚ this is called as investment. In an economic sense‚ an investment is the purchase of goods that are not consumed today but are used in the future to create wealth. In finance‚ an investment is a monetary asset purchased with the idea that the asset will provide
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HISTORY OF CONVENTIONAL BANKING Around 2000 BC‚ banking was initiated by farmers and traders in Babylonia whereby‚ grain loans were made. Later‚ this new mode of ‘trading’ spread to Greece. Some developments were emerging as deposits and money exchange were initiated. Modern banking took birth in Italy in the 14th century and the most famous conventional bank was Medici Bank. The bank system spread to Europe‚ in Amsterdam in the 16th century where much innovation took place‚ in London in the 17th
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Introduction Islamic banking is banking based on Islamic law (Shariah). It follows the Shariah‚ called fiqh muamalat (Islamic rules on transactions). The rules and practices of fiqh muamalat came from the Quran and the Sunnah‚ and other secondary sources of Islamic law such as opinions collectively agreed among Shariah scholars (ijma’)‚ analogy (qiyas) and personal reasoning (ijtihad). The credibility of the Islamic banking activities is highly dependent on the credibility of the Shariah advisers
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Customer Relationship Management in Banking with a case on HSBC A Project Report presented to Dr. Shweta Dixit Faculty Member Narsee Monjee Institute of Management Studies Mumbai on March 21‚ 2007 in Partial fulfillment of the academic requirements for the Part Time MBA Programme by Mr. Kapil Bhatia (03) Preface The service industry has always been of vital component of all economies. It has become more so these days. From
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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
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Islamic Banking vs. Conventional Banking In most Islamic countries‚ they tend to practice two types of financing in banking industry which are conventional and Islamic banking. The country like in Malaysia has successfully developed an Islamic banking system that operates in parallel with the conventional banking system. There is similarity between conventional banking and Islamic banking which helps to promote economic growth provided financing services such as credit facilities for business activity
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ROI Project: Phase #1 Return on Investment (ROI): An examination of ROI financial analysis and its historical roots with the DuPont Company Return on Investment (ROI): An examination of ROI financial analysis and its historical roots with the DuPont Company Like it or not‚ with the current state of the economy‚ as well as‚ enforced implications of the Affordable Care Act‚ a large number of hospitals and healthcare agencies will close their doors for good this year. Perhaps
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INTRODUCTION TO INVESTMENT MANAGEMENT The Concept of Investment: □ An investment is the current commitment of funds for a period of time in order to derive future benefits. □ Investing involves making a sacrifice in the present consumption in the hope of deriving benefits in the future. □ Every investment decision has two aspects; Risks and Returns: □ Every investor looks to be compensated for; i) Time the funds are committed ii) The expected rate of inflation
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primarily from household into credit for business firms and others in order to make investments. The payment role: Carrying out payments for goods and services on behalf of their customers. The guarantor role: Standing behind their customers to pay off customer debts‚ when those customers are unable to pay. The risk management role: Assisting customer in preparing financially for the risk of loss to property and investments. The safekeeping of value role: Safeguarding a customer’s valuables and appraising
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The global banking sector: current issues The financial services sector is emerging from the worst financial crisis for 80 years. Tighter regulation‚ an overhang of debt in the west and the immense growth in the power of banks in emerging economies will transform the landscape of banking. What opportunities and threats will this create? And what are the main lessons that banks will learn from the crisis? CIMA sector report Key messages 1. 2. 3. There is growing optimism that both the world
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