Types of Banking Softwares With the advent of technology every big bank makes customized software as per its own requirement. These world-class softwares are prepared by reputed software companies in India. These are called core-banking solutions. Details of some of the banking software are as under Software developer | Product | Lead Customers | Infosys | Finacle | ICICI Bank IDBI Bank | TCS | BANCS | SBI and Indian banks | I flex | Flex cube
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SECTOR ANALYSIS BANKING SECTOR IN INDIA • SUMMARY GROWING LENDING AND DEPOSIT: Total lending and deposits have increased at CAGR of 22.8 per cent and 21.2 per cent‚ respectively‚ during FY06-13 • HIGHER ATM PENETRATION: Total number of ATMs in India have increased to 1‚04‚500 in 2012 and is further expected to double over the next two years • RISING RURAL PENETRATION: With the help of Financial Inclusion Plan (FY10-13)‚ the banking connectivity in India increased more than threefold to
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CASES ON BANKING LAW Westminster Bank Ltd v. Hilton (1926) 43 TLR 124 As against the money of the customer’s in the banker’s hands the relationship between banker and customer is that of principal and agent: "It is well established that the normal relation between a banker and his customer is that of debtor and creditor‚ but it is equally well established that quoad the drawing and payment of the customer’s cheques as against money of the customer’s in the banker’s hands the relation is that
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and advances at higher cost. The differences between two are the profit for the bank. Banking sector is expanding its hand in different financial events every day. At the same time the banking process is becoming faster‚ easier and the banking arena is becoming wider. As the demand for better service increases day by day‚ they are coming with different innovative ideas & products. In order to survive in the competitive field of the banking sector‚ all banking organizations are
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EMEA Banking Practice Banking on customer centricity Transforming banks into customer-centric organizations 3 Banking on customer centricity Transforming banks into customer-centric organizations Around the world‚ ever more banking customers are feeling discomfort. They despair at terms of contract they cannot understand‚ are shocked by hidden costs‚ and bristle at sluggish complaints handling. Demonstrations on Wall Street and elsewhere around the world accusing the industry
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Acceptability and Payment Problems in Nigeria 1.1 Introduction The world has witnessed an upsurge of electronic payment instruments meant to facilitate trade and simplify payments. (Abor‚ 2004) Before the introduction of electronic payment into the Nigerian banking system‚ all customers had to walk into the actual bank to do transaction of all kinds. Customers had to queue up and spend more hours to talk to a teller to make their transactions. (Abor‚ 2004) The inconveniences caused by these long queues can discourage
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[pic] INTRODUCTION 1.1 ‘Banking’ on CRM’ “Competition and globalization of banking services are forcing banks to be productive and profitable. To retain High Net Worth individuals‚ banks should focus strongly on relationship management with customers. Innovative Customer Relationship Management (CRM) strategies and cutting edge software can help‚ to a great extent‚ in achieving the desired results. To provide customized services‚ banks are opening Personalized Boutiques which
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FINA0501 Asian Financial Institution Term Paper An Overview of the banking sector of Malaysia Introduction When we first think of Malaysia‚ we will probably think of its tourist attractions which it is quite prominent around the world. But in fact‚ besides its attractiveness on the scenic spots‚ Malaysia is also a good place for foreign investment. The banking sector of Malaysia is actually quite robust‚ leading to high ranking among the Asian countries. Moreover‚ the economy of Malaysia
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Banking Operations Manual Banking Operations Manual THE A.P. STATE CO.OPERATIVE BANK LTD TROOP BAZAR :: HYDERABAD _________________________________________________ Vol. I 1 Banking Operations Manual PREFACE This Banking Operations Manual is prepared with a view to provide a ready guide to the officers and staff of the Bank – Andhra Pradesh State Cooperative Bank (APCOB) - in day-to-day banking operations. The Manual is prepared based on the extant banking law‚ practices and is an
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Banking system in south korea http://www.asiatradehub.com/s.korea/banks.asp Korea’s financial sector includes a diversal commercial banking system‚ a wide range of secondary financial institutions‚ and a securities market. Financial institutions can be divided into two main categories: monetary institutions and other financial intuitions. The former includes the Bank of Korea - the nation’s central bank - and deposit-taking banks. There was a substantial change in the environment of the financial
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