...Branch for activation. It is desirable to change the MPIN at regular intervals or whenever there is an apprehension that secrecy has been lost. ➢ For changing the MPIN, the following message is to be sent to 9223440000 ➢ ➢ SMS – “Your MPIN is changed” is received. Activation of Service at ATM:- ➢ You have to activate your service on ATM or at your branch. Please ensure that you have changed your MPIN before registering at the ATM. ➢ Go to ATM and after swiping your Debit Card choose Mobile Registration -> Enter your ATM PIN -> Mobile Banking –> Registration –> Enter your Mobile Number. Choose yes after ensuring the correctness of the entry. Then the Mobile Number entered by you is displayed. Choose Confirm. ➢ You will get a SMS regarding activation of your account. ➢ In this process of registration, the Primary Account linked to the ATM card is enabled for Mobile Banking Service over the SMS channel. Activation of Service at Branch:- ➢ If you do not have an ATM card issued for the account, please visit your Branch to get the service. Please ensure that you have changed your MPIN before registering at the Branch. Business Rules:-The daily ceiling is ` 1,000/- per transaction per customer for fund transfer / other transactions and with a calendar month limit...
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...www.hemonline.com BROKING | DEPOSITORY | DISTRIBUTION | FINANCIAL ADVISORY OUTLOOK 2009: PREFERRED SECTORS AND COMPANIES FOR INSTITUTIONAL CLIENTS Analyst: ANKIT KHAITAN akhaitan@hemonline.com www.hemonline.com BROKING | DEPOSITORY | DISTRIBUTION | FINANCIAL ADVISORY INDEX INDIAN ECONOMY - 01 BANKING INDUSTRY OVERVIEW RECENT NEWS PRODUCTS & SERVICES ARE INDIAN BANKS SAFE??? GRAPHICAL PRESETATION RBI STEPS TO FIGHT AGAINST LIQUIDITY CRUNCH ANALYSIS OF BANKING SECTOR A) CRAMELS STRATEGY B) PORTER'S FIVE FORCES MODEL C) PEST ANALYSIS D) SWOT ANALYSIS GROWTH PROSPECT & MARKET OPPORTUNITIES THINGS TO WATCH & KEY TAKEAWAYS - 02 - 03 - 04 - 05 - 06 - 07 - 08 - 09 - 10 -11 - 12 - 13 - 14 - 15 - 16 - 17 - 18 - 19 - 20 - 21 - 22 - 23 - 24 - 25 - 27 - 28 - 29 - 30 - 31 - 32 - 34 - 36 - 38 - 40 - 42 - 44 - 46 - 48 - 50 - 52 - 54 TELECOM INDUSTRY OVERVIEW RECENT UPDATES ALL ABOUT TELECOM INDUSTRY SEGMENTS GOVERNMENT REGULATIONS ALL ABOUT ‘3RD GENERATION TECHNOLOGY (3G)’ FUTURE OF INDIAN TELECOM INDUSTRY ANALYSIS OF TELECOM SECTOR A) PORTER'S FIVE FORCES MODEL B) SWOT ANALYSIS & KEY TAKEAWAYS WHAT’S ROAD AHEAD FMCG INDUSTRY OVERVIEW INDUSTRY CATEGORY AND PRODUCTS GROWTH PROSPECT GOVERNMENT INITATIVE MARKET OPPORTUNITIES ANALYSIS OF FMCG SECTOR A) PORTER'S FIVE FORCES MODEL B) SWOT ANALYSIS & KEY TAKEAWAYS COMPANIES BHARTI AIRTEL LIMITED RELIANCE COMMUNICATION HDFC BANK STATE BANK OF INDIA UNION BANK OF INDIA AXIS BANK LIMITED PUNJAB NATIONAL BANK HINDUSTAN...
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...Basel I DEFINITION OF 'BASEL I' A set of international banking regulations put forth by the Basel Committee on Bank Supervision, which set out the minimum capital requirements of financial institutions with the goal of minimizing credit risk. Banks that operate internationally are required to maintain a minimum amount (8%) of capital based on a percent of risk-weighted assets. Basel II is the second of the Basel Accords, (now extended and partially superseded[clarification needed] by Basel III), which are recommendations on banking laws and regulations issued by the Basel Committee on Banking Supervision. BREAKING DOWN 'Basel I' The first accord was the Basel I. It was issued in 1988 and focused mainly on credit risk by creating a bank asset classification system. This classification system grouped a bank's assets into five risk categories: 0% - cash, central bank and government debt and any OECD government debt 0%, 10%, 20% or 50% - public sector debt 20% - development bank debt, OECD bank debt, OECD securities firm debt, non-OECD bank debt (under one year maturity) and non-OECD public sector debt, cash in collection 50% - residential mortgages 100% - private sector debt, non-OECD bank debt (maturity over a year), real estate, plant and equipment, capital instruments issued at other banks The bank must maintain capital (Tier 1 and Tier 2) equal to at least 8% of its risk-weighted assets. For example, if a bank has risk-weighted assets of $100 million, it is required to maintain...
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...definition of a bank. However, if you look at banks, you will see that they take many types of deposits and make many types of loans. In addition, if you are familiar with banks, you will notice that they act as intermediaries in many financial transactions. The banking is a vital function of the economy; without banks, the economy will not function properly. Why? The answer is that banks provide the link between savers and borrowers. In the US, people are net savers and businesses are net borrowers. Without banks and some other financial institutions, the borrowers, businesses, will not be able to raise finds by borrowing from people, the savers. This function takes many forms. We will look at some if these forms in this course and in other courses in the finance concentration in the MBA program. The Nature of Banking in the US See Chapter 1 in the Textbook With a population of 30 million, Canada has 11 banks; Britten has 4 or 5 banks to serve 60 million citizens. Other countries have similar ratio of banks to population; about 3 to 6 million to a bank. How many banks does the US have to serve 300 million in population? The US has about 7,500 banks; this number does not include other companies that provide banking...
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...Taras Shevchenko Kyiv National University Faculty of Economics Department of International Economics and Marketing Term essay Course: «International Banking» Topic: «Comparative cross-border assessment of the Crédit Agricole S.A. and its affiliate in Ukraine performance» Written by: Victoria Shevchenko 1st year student of a Master’s Program Department of International Economics and Marketing Supervisor: PhD associate professor Volodymyr U. Shevchenko Kyiv-2014 Crédit Agricole Group is the leading financial partner to the French economy and one of the largest banking groups in Europe. It is the leading retail bank (provides services to the household (consumer) sector) in Europe, asset manager, bancassurer and global leader in aircraft financing. According to The Banker magazine Western European banks still dominate the EU bank rankings in terms of Tier 1 capital. In 2013 three French banks were worldwide TOP-10 in terms of Tier 1 capital and assets [1]. According to the Accuity research company in 2012 Credit Agricole was fourth among 50 banks all over the world in terms of assets [2]. Crédit Agricole S.A., so called Central body of the Regional Banks, lead institution of the Group, is a French Public Limited Company (Société Anonyme) with a share capital of €7,504,770 thousand, divided into 2,501,589,997 shares with a par value of 3 euros each, is majority owned (56%) by 39 French co-operative retail banks (Regional Banks) but at that time Crédit Agricole...
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...State Bank of India : State Bank of India is an Indian multinational, Public Sector banking and financial services company. It is a government-owned corporation with its headquarters in Mumbai, Maharashtra. As of December 2013, it had assets of US$388 billion and 17,000 branches, including 190 foreign offices, making it the largest banking and financial services company in India by assets. SBI provides a range of banking products through its network of branches in India and overseas, including products aimed at non-resident Indians (NRIs). SBI has 14 regional hubs and 57 Zonal Offices that are located at important cities throughout India. SBI has 14,816 branches in India, as on 31 March 2013, of which 9,851 (66%) were in Rural and Semi-urban areas. In the financial year 2012-13, its revenue was INR 200,560 Crores (US$36.9 billion), out of which domestic operations contributed to 95.35% of revenue. Under the Pradhan Mantri Jan Dhan Yojana of financial inclusion launched by Government in August 2014, SBI held 11,300 camps and opened over 30 lakhs accounts by September, which included 21.16 lakh accounts in rural areas and 8.8 lakh accounts in urban areas. Products and services provided by SBI are consumer banking, corporate banking, finance and insurance, investment banking, mortgage loans, private banking, private equity, savings, Securities, asset management, wealth management, Credit cards. Point of Sales Terminal Types: * PSTN * Desktop GPRS * Portable GPRS * Mobile...
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...obtain knowledge & awareness of the functioning of various departments of the corporate and its environment which is utmost necessary for the success of the budding managers. The basic objectives of the summer internship programme for the MBA students are: 1. To understand the business and competitive environment of ING Vysya Bank. 2. To analyze and understand the financial position of ING Vysya Bank viz – a – viz competitors. 3. To study the Business Banking Department of ING Vysya Bank and its practices. 4. To facilitate in testing what I have learnt in the foundation courses in the first year. 5. To get a feel of corporate life and its functioning & understand various interaction styles. ABSTRACT I did my summer internship in ING Vysya bank. It was a business banking department and it was located in Karol Bagh. On the first day I met the branch manager of the bank Mr. Uday Choudhary. He assigned me my mentor who was the relationship manager of the business banking division of ING Vysya Mr. Anshul Dhamija. In the first week he gave me two files of the...
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...A PROJECT REPORT ON “A DISSERTATION ON RETAIL BANKING” In Partial Fulfillment of Bachelor of Business Administration Session 2010-2013 [pic] ICFAI University, Ranchi, Jharkhand Project Supervisor: Submitted by: Prof. Sumit Sinha Prof. Sumit Sinha Faculty of International Business Faculty of International Business (2010-2013) ACKNOWLEDGEMENT I would like to express my heartfelt thanks to many people. This dissertation is an effort to contribute towards achieving the desired objectives. In doing so, I have optimized all available resources and made use of some external resources, the interplay of which, over a period of time, led to the attainment of the set goals. I take here a great opportunity to express my sincere and deep sense of gratitude to my esteemed faculty Prof. Sumit Sinha for giving me an opportunity to work on this project. The support & guidance from sir, was of great help & it was extremely valuable. I also express my sincere thanks to all the people who, directly or indirectly, contributed in time, energy and knowledge to this effort. Amit Jayakumar | CONTENTS | | | ...
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...oldest and most influential financial institutions in the world. As of December 31, 2013, the firm’s net assets and stockholders’ equity amounted $2.4 trillion and $211.2 billion, respectively. Currently, the firm is the leading banking institution in various business segments that include investment banking, commercial banking, asset management, private equity, and financial services for small businesses and individuals. JP Morgan & Chase, Co. offers financial services through its subsidiaries, divided between principal bank and nonbank subsidiaries. Its principal bank subsidiaries are JPMorgan Chase Bank and Chase Bank USA, which the former, has branches in 23 U.S. states, and the latter, the Firm’s credit card-issuing bank. JP Morgan & Chase, Co.’s nonbank subsidiary is J.P. Morgan Securities LLC (hereinafter referred as JPMorgan Securities), which is the Firm’s investment banking subsidiary in the U.S. Both the bank and nonbank subsidiaries operate domestically and overseas. One of the principal subsidiaries oversea in the United Kingdom (hereinafter referred as U.K.) is called the J.P. Morgan Securities plc, a company that is wholly owned by JPMorgan Chase Bank, N.A. For reporting purposes, JP Morgan & Chase, Co.’s business activities are grouped under four business segments and a Corporate/Private Equity Segment. The four segments are: Consumer & Community Banking segment for consumer business; and wholesale business segments are for...
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...Precision Research & Design | Bank of America | Mobile Banking | | Ashlee BlairDaniel CareyStephanie FortnaBrandi Stricklin | 8/4/2011 | | Table of Contents * Introduction: Main Challenge ……………. 2 * Industry Description ……………………… 3 * Brand Analysis…………………………..... 8 * SWOT Analysis………………………….... 10 * Business Model …………………. ………. 13 * Digital Marketing ………………………… 16 * Suggested Solution ……………………….. 21 * Exhibits …………………………………… 23 * References ………………………………… 26 Introduction Bank of America launched mobile banking in May 2007. Mobile Banking lets customers easily and securely access balance information, pay bills with optional Bill Pay service, transfer funds, and find nearby ATMs and banking centers through a mobile application on their smartphones, and through mobile web on their phone browser. Main Challenge WHAT: Increasing overall growth in mobile banking in the financial services industry. Douglas Brown Senior Vice President of Mobile Product Development was quoted, “In less than 3 years we have four million mobile banking customers. That’s an adoption rate almost five to eight times that of our online banking several years ago.” Line-of-business managers are looking for leveraged mobile platforms to meet the needs of their specific businesses. The capabilities of mobile banking through the use of your smartphones or mobile web have become popular with today’s bank customers. WHO: * Jen McDonald, SVP...
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...Precision Research & Design | Bank of America | Mobile Banking | | Ashlee BlairDaniel CareyStephanie FortnaBrandi Stricklin | 8/4/2011 | | Table of Contents * Introduction: Main Challenge ……………. 2 * Industry Description ……………………… 3 * Brand Analysis…………………………..... 8 * SWOT Analysis………………………….... 10 * Business Model …………………. ………. 13 * Digital Marketing ………………………… 16 * Suggested Solution ……………………….. 21 * Exhibits …………………………………… 23 * References ………………………………… 26 Introduction Bank of America launched mobile banking in May 2007. Mobile Banking lets customers easily and securely access balance information, pay bills with optional Bill Pay service, transfer funds, and find nearby ATMs and banking centers through a mobile application on their smartphones, and through mobile web on their phone browser. Main Challenge WHAT: Increasing overall growth in mobile banking in the financial services industry. Douglas Brown Senior Vice President of Mobile Product Development was quoted, “In less than 3 years we have four million mobile banking customers. That’s an adoption rate almost five to eight times that of our online banking several years ago.” Line-of-business managers are looking for leveraged mobile platforms to meet the needs of their specific businesses. The capabilities of mobile banking through the use of your smartphones or mobile web have become popular with today’s bank customers. WHO: * Jen McDonald, SVP...
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...Td Bank is a national banking institution in the United States that offers banking insurance, brokerage, and investment banking services along the east coast in 15 different states. Td bank is amongst the countries top 10 banks. The bank took its name through a merger with commerce bank and Banknorth. The company operates under Toronto Dominion Bank in Ontario Canada. Banknorth also added a sister company, Td Ameritrade formed under TD Waterhouse. One of the main things I like about Td Bank is its convenience to its costumers. Working for Td Bank, they take pride in their high customer service ratings. The have employees attend TDU a university to train employees how to do their job and also please the customer. The main reason I started banking at Td Bank was when they started no Atm fee campaign, I stayed with TD bank after I opened a free student checking and savings account. Also, they are open 7 days a week with the best hours a bank has to offer. “We will be the Best Run, Customer-focused, Integrated Financial Institution with a Unique and Inclusive Employee Culture.” The mission statement above is strongly exhibited through Td Bank. Td Bank is my choice for personal banking. What makes Td Bank different from most banking businesses, is that they have learned how to come out on top. As stated by Levitt in Marketing Myopia, think outside the box. People who focus on marketing strategy, various predictive techniques, and the customer's lifetime value can rise above...
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...Etrade Financial Corporation E-Trade or E*Trade as its more commonly known is a financial holding company started out of Palo Alto California , with the premise of online stock brokerage and banking services. E-trade offers Investors the option to buy, sell securities such as stocks, bonds, mutual funds, and exchange traded funds via electronic transfer or mobile platforms arranged through the company. As E-Trade expanded it began to offer lending options online such as savings accounts, checking accounts, money market accounts, timed deposits (CD’S), and credit lines and funding. The premise of the E-Trade brand is they want you to buy into the idea of being your online multipurpose financial guru. In essence your one stop shop for all your financial needs and wants. At the peak of the online brokerage and banking industry, E-Trade has more than 2.5 million account holders who execute their transactions almost solely over the Internet and the minority over the phone. E-Trade has expanded its online services to products such as, mutual funds, exchange traded funds, options, fixed income products and portfolio management. On the banking side E-Trade Bank offers the standard online savings, checking, money market, and certificate deposit accounts and its most attractive feature, allowing consumers to transfer funds between bank accounts and brokerage accounts in real time. On the corporate side of E-Trade offers its corporate clients online trade clearing and employee...
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...Introduction Bank introductions EXIM Bank (Export Import Bank of Bangladesh Limited) was incorporated on June2, 1999 as a private sector banking company under the company’s act 1994 and started its operations on August3, 1999. The bank has authorized capital of BDT 3.5 billion and a paid up capital of BDT 2.68. The bank is listed in both DSE and CSE. Company Details Business Operations -Sariah based Islami banking service Chairpersons-Md. Nazrul Islam Majumdar Directors-Md. Faiz Ullah, Nasima Akhter, A.K.M Nurul Fazal, Zubayer Kabir, Md. Habibullah, Md. Abdul Mannan. Company Secretary-NA Registered Office -Plot No. SE (F): 9, Road No. 142, Gulshan Avenue, Dhaka-1212. Website-www.eximbankbd.com Auditor -Hoda Vasi Chowdhury & Co Highlights of Performance The bank has migrated all of its conventional banking operations into Sariah based Islami banking since July, 2004. The bank is providing services through 52 branches all over the country with a total manpower of over 1400. The bank has correspondent relationships with 26 foreign banks. Investment of the bank other than loans and advances were limited to government treasury bills, prize bonds and shares and debentures, and total investment during 2008 amounted to BDT 2.9 billion and made a profit after tax of BDT 1.1 billion. ROA and EPS of the bank stood 1.83% and BDT 40.95 respectively. The bank has a total asset of BDT 77.7 billion at June 30, 20096. Operating income stood at BDT 1.67 billion for the period...
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...enhance the company's value, and provides a high yield of financial investment opportunities for foreign strategic investors.The proposed investment in Shenzhen Development Bank (SDB) by Newbridge in 2002 and evaluate the 1.6 times book value that Newbridge agrees to pay for its 18% stake in SDB is appropriate. 2. Introduction As China continues to open up financial policies, purchasingshares of China's commercial banks has gradually become an important mean of foreign banks to enter the Chinese financialmarket.In May 29, 2004 ,by way of non-tradable stock officially, the Newbridge Capital became the largest shareholder of SDB. SDB as China's first listed bank to introduce foreign strategic investors cases in the history of China's banking industry led to the stock market are a landmark development. What is more, this case provides an excellent opportunity to other commercial banks which want to introduce foreign strategic investors affect the value of the commercial banks.Newbridge acquisition of Shenzhen Development is China's commercial banks to introduce foreign strategic investors, the most interesting acquisitions boom event, while the smooth completion of the acquisition and operation of the acquisition of Newbridge really enhance the company's value has been one of SDB the focus of attention. In this case, the report will focusing on analyzing the financial performance of SDB by using index of financial institution，such as asset quality，earing capability，and capital...
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