INTRODUCTION OF AXIS BANK Axis Bank was the first new generation private sector bank to be established in India under the overall reform programme initiated by the Government of India in 1991‚ under which nine new banking licenses were granted. The Bank was promoted by Unit Trust of India‚ the largest mutual fund in India‚ holding 87% of the equity. Life Insurance Corporation of India (LIC)‚ General Insurance Corporation Ltd and its four subsidiaries who were the co-promoters held the balance 13%
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Cash vs. Credit Cards Brenda Hurtado ENG/130 October 15‚ 2014 James Iddings Cash vs. Credit Cards Which option is better for you? Caring around a credit card or having cash in your pockets? Each option is different for every person. Cash is better for people who do not know how to limit what they spend. Credit cards are for people who know to limit their spending. Because when it comes using cash‚ you do not have to worry about debt. Until you lose your cash‚ it is lost forever. But‚ if you have
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read in the ‘foreword’. In succession to that we move on to the situational analysis which begins with a detailed look at the macro environment. A PEST analysis is conducted to determine the most noteworthy factors in the external environment of the debit and credit card market. We view at a minimum of two events in each one of the four PEST sectors. Following that we look at the micro-environment where we analyze who is being affected by the banks in the industry and mention their significance and
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or SIM cards for our mobiles‚ but prepaid debit cards are quite a new idea. However‚ the concept is the same as other prepaid mediums‚ where you load money onto a card and then you can spend this money at retailers or withdraw the money at an ATM. You load money onto the card using cash‚ bank transfer or another card. Are they credit or debit cards? Prepaid cards are neither credit nor debit cards‚ but have features similar to both. These are VISA or MasterCard cards usually‚ and so have the
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A Research Methodology Project On “ATM :A VITAL FACILITY &ITS IMPACT ON ECONOMY” Submitted as the part of curriculum of Research Methodology of M.B.A.(PT) Semester for the award of degree of Master Of Business Administration Submitted to : Submitted By Mr. Rahul Deo Pravin Pahadiya SVIM‚ Indore MBA (PT) IV Sem SHRI VAISHNAV INSTITUTE OF MANAGEMENT INDORE CERTIFICATE SHRI VAISHNAV INSTITUTE OF MANAGEMENT INDORE PROJECT REPORT-2004-05 This is to certify that
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Critically Analyse the Marketing Strategy and Marketing Mix of a recent successful Marketing innovation in the financial services industry. According to the OECD Oslo Manual‚ a marketing innovation is “the implementation of a new marketing method involving significant changes in product design or packaging‚ product placement‚ product promotion or pricing”. Research and development to create new marketing innovations in the services industry‚ and in particular‚ the financial services industry‚ is
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devices are able to do.” (Techopedia‚ N.D.) I recently discovered this new app for IPhone users which is called ipay. This app is a mobile app that is a free e-Wallet application allowing customers to manage their electronic money and MasterCard / VISA cards anywhere‚ anytime and is always in the palm of their hands. With ipay Mobile on your phone you are in complete control of your ipay accounts‚ tags and cards‚ even when you are miles away from your computer. This app allows its users to pay bills
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Subject: - “Macro Economics” Assignment Topic: - Past 5 years concept of Dutch Bangla Bank Limited Dutch Bangla Bank Limited Dutch-Bangla Bank is the first bank in Bangladesh to be fully automated and introduce Electronic Banking. The automation was completed in 2003‚ but further additions and features are continuously being added and upgraded. DBBL has adopted the same exact automation solution used my many international banking giants. Although this was significantly more expensive
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“Mobile Wallet” Case Analysis 1. What is the fundamental reason George couldn ’t ditch his wallet? The fundamental reason George couldn ’t ditch his wallet is because most of his favorite retailers do not subscribe to his service provider ’s payment system. While in Japan and countries like China‚ South Korea‚ and India‚ corporations have been developing partnerships between multiple entities and standardization on the mobile payment platform‚ the United States hasn ’t adapted this method as successfully
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Economic times Mobile banking: A technology gradually permeating into the system Shelley Singh‚ ET Bureau Dec 11‚ 2012‚ 06.30AM IST [pic] [pic] • [pic] (It’s still in its infancy‚…) The question for mobile banking in India is not whether‚ but when. A string of parallel developments - greater bank innovation‚ broadband spread and user inclination - is providing new charge to mobile banking. There is still a long way to go before m-banking achieves mass acceptance‚ but it’s on
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