banking sector the activities performed in GB and in Accounts department is of greatest importance. Banking service is directly related with clients. Banking activities facilitate clients to deposit their money in the bank according to their needs‚ to withdraw cash available in clients bank account‚ help the clients to engage in transaction in a safely mode‚ help the clients to improve their living standard by providing loans to the clients after fulfilling the necessary conditions. Rationale of the
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EVOLUTION OF BANKS IN PAKISTAN There are different opinions that how the word ‘Bank’ originated. Some of the author’s opinion that this word is derived from the word ‘Bancus’ or Banque’‚ which means a bench. The explanation of this origin is attributed to the fact that the Jews in Lombard transacted the business of money exchange on benches in the market place; and when the business failed‚ the people destroyed the ‘bench’. Incidentally the word ‘Bankrupt’s said to have evolved from this practice
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STATE STATE BANK OF INDIA interview questions : A bank is a financial institution and a financial intermediary that accepts deposits and channels those deposits into lending activities‚ either directly by loaning or indirectly through capital markets. A bank is the connection between customers that have capital deficits and customers with capital surpluses. State Bank of India (SBI) is the largest banking and financial services company in India by revenue‚ assets and market capitalisation. It
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BANK OF BARODA In the case of Bank of Baroda it was the need to refresh brand image and create a more contemporary persona as the old identity was not well recalled or liked so a dramatic transition was called for. When brands undergo an overhaul‚ how should they ensure that consumers do not misinterpret this as a negative sign as though something is amiss and start worrying if it means the brand was not doing well before? Bank of Baroda is a comprehensive re-branding initiative that addressed
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human about illness and pushing them to follow diet and physical fitness. Cord Blood banks are one of the way to save the world from illness as it has the capability to cure about 80 blood disorders and is already well known that 1 out of 10 people are experiencing anyone kind of blood disorder. Cord Blood Banks uses this point to attract people to utilize its services. New Markets: Although current Cord Banks have the services for families‚ research is being
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What are its implications to the competitive advantage of banks? The bank gains a competitive advantage by having technologies. Today‚ the main challenge for banks is to be firmly integrated in the global supply chain and profiteer from increasingly global product transaction. Conspicuously‚ the banking sector has continuously embraced heightening competition‚ globalization and incessant technological developments‚ consequently spurring an increase of links and networks within the industry. As the
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nomy of central bank MACROECONOMICS 1.Central banking: Functions: -management of public debt of government (agent of government & no autonomy) -Regulation & supervision of banking entities(Here the role is of lender) -financing of development activities and other associated functions(in this close coordination with government) 2.central bank independence: -Personal matters In this case gov. Distances itself from appointment‚dismissal procedures of top
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Role of Central Bank Bank of Thailand (Central Bank of Thailand) The Bank of Thailand Act was promulgated on April 28‚ 1942 conferring the status of a juridical person on the Bank of Thailand and allowing it to carry out all central banking functions. The Bank of Thailand started operations on December 10‚ 1942. As per the Bank of Thailand Act‚ 1942‚ the Minister of Finance is charged with powers to look after the overall functions of the bank. The main objective of the bank is to maintain financial
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INTRODUCTION The National Bank of Pakistan is a Commercial Bank and transacts all types of Banking Business. The National Bank of Pakistan was established on November 29‚ 1949 as a semi public commercial bank. The Bank has the distinction of acting agent of the State Bank of Pakistan and operates treasuries where the State Bank of Pakistan does not have any office. The Head Office of the Bank is at Karachi. Ever since its establishment in 1949 it has been leading Commercial Bank of the nation‚ sole
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of the least developed countries in the world. To bring about desired change in the socio-economic field‚ the role of the banks cannot be over emphasized. Agriculture‚ commerce and industry provide the bulk of countries wealth‚ without adequate banking facilities none of these can flourish. In international trade of country‚ the role of a bank is simply indispensable. Banks also contribute toward the development of capital market of a country. The development of agriculture is also largely dependent
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