Indian Railways and IT Systems Used 1. ERP- enterprise resource planning (ERP) IT enables signaling system MIS and LRDSS(Long Range Decision Support System) for investment optimization FOIS - Freight Operations Information System Comprehensive Payroll Processing System Vigilance software system Material Management Information System for P-way Comprehensive Accounting & Transaction System 2. CRM/PRS Online Ticket Booking Online Train Status Cell/Landline Rail Reservation
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The term Business Environment is composed of two words ‘Business’ and ‘Environment’. In simple terms, the state in which a person remains busy is known as Business. The word Business in its economic sense means human activities like production, extraction or purchase or sales of goods that are performed for earning profits. On the other hand, the word ‘Environment’ refers to the aspects of surroundings. Therefore, Business Environment may be defined as a set of conditions – Social, Legal, Economical
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International Financial Reporting Standards (IFRS) in Indian context Introduction Convergence with IFRS has gained momentum in recent years all over the World. 110+ countries including European Union, Australia, China, New Zealand, and Russia currently require or permit the use of IFRS. Apart from India, countries like Japan, Sri Lanka, Canada and Korea have also committed to adopt IFRS from 2011. United States of America has announced its intention to adopt IFRS from 2014 and it also permits
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BANKING SECTOR IN INDIA * Introduction: Indian Banking Sector * Role of Banking Sector in Developing Economy (India) * Regulatory Body: RBI * Banking Regulation Act 1949 * Present Scenario * Future Aspect * Risk Involved * SWOT Analysis : Banking Sector in India 2.1 Banking Sector (India) In India the banks are being segregated in different groups. Each group has their own benefits and limitations in operating in India. Each has their own dedicated target
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nettle, danger, we pluck this flower, safety'. The Indian mutual fund industry has witnessed significant growth in the past few years driven by several favourable economic and demographic factors such as rising income levels and the increasing reach of Asset Management Companies (AMCs) and distributors. However, after several years of relentless growth, the industry witnessed a fall of 8 percent in the assets under management in the financial year 2008-09 that has impacted revenues and profitability
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JOBLESS GROWTH IN INDIAN MANUFACTURING: A KALDORIAN APPROACH Michele Alessandrini* November 2009 Abstract Despite the remarkable economic performance in the last twenty-five years, India maintains a high discrepancy between the rate of growth of the economy and the rate of growth of employment. Labour elasticity to output has decreased over time and the capability of the Indian economy to generate employment seems to be limited. As a result, more than 60 percent of Indian workers are still
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Reserve Bank of India (RBI) to enable financial inclusion SUBMITTED BY A Naga Jyoti 1313009 Scope: This term paper envisages to study the major initiatives taken so far by Reserve Bank of India to enable financial inclusion using mobile device and the way forward to take the initiatives to the next level. Financial inclusion is the delivery of financial services at affordable costs to the disadvantaged and vulnerable segments of society. Indian banking sector has been facing severe challenges
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Financial services Owner Citigroup Founded 1902 Headquarters Mumbai, Maharashtra, India Profit After Tax INR 3422 crores (fiscal year ended March 31, 2015) Total Income INR 13490 crores (fiscal year ended March 31, 2015) Number of employees 7,500 Citibank financials: https://www.online.citibank.co.in/portal/newgen/home/Website-Citibank-Financials-2015.pdf Citibank India is an Indian private sector bank
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Financial inclusion activities become one of the important agendas globally. The World Bank estimates that nearly 2.5bn adults globally (50% of the total adult population) is currently ‘unbanked’ or does not have formal financial services. These estimates have huge disparities between different regions of the world. In developed countries (OECD countries) high proportion of the adult population uses the formal way of financial services. While in developing countries two-thirds of the adult population
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customer is performed this measures the financial condition and the ability of the customer to repay back the loan in future. Credit Appraisal is a process to ascertain the risks associated with the extension of the credit facility. It is generally carried by the financial institutions which are involved in providing financial funding to its customers. In this paper, we study the Credit Risk Assessment Model of SBI Bank and to check the commercial, financial & technical viability of the project proposed
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