Banking Power-Pack – June 2015 BANKING - 2015 JUNE June 1 • IRDAI removes cap on business from one insurer for banks. IRDAI has done away with the capping of insurance business from one insurer by a bank in its latest draft. As compared to the previous draft that mandated banks to cap business from one insurer to 50%, IRDAI has removed this cap. This would mean that those insurers without a bank partner or promoter would still have to wait longer to get business from bancassurance. The regulator
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Harvard Business School 9-291-026 Rev. October 29, 1993 Note on Bank Loans Bank loans are a versatile source of funding for businesses. For example, these loans can be structured either as short- or long-term, fixed or floating rate, demand or with a fixed maturity, and secured or unsecured. While each potential borrower's business is unique, reasons to borrow generally include the purchase of assets including new fixed assets or entire businesses, repayment of obligations, raising of temporary
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create jobs as a way of stimulating the economy. Some of the several proposals of the Act are reducing the tax rates on the small businesses, providing assistance to the unemployed, employing more teachers and increase their pay and investing in the infrastructure (Rotemberg, 2013). Furthermore, the President and the Congress have come up with short-term transitory fiscal expansion to generate jobs. Increasing the public investment and increasing the government expenditure will improve the economy
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Introduction Victor Dubinski, CEO of Blaine Kitchenware, Inc. had recently been made aware that a group of private equity investors made inquiries about a possible acquisition of Blaine. Dubinski knew that the family had absolutely no interest in selling, but he was still perplexed about how the private equity group could unlock some inherent value within their company. They wanted to use the cash on Blaine’s balance sheet and new borrowings to purchase all of Blaine’s outstanding shares at a
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was not at risk? Despite the earlier U.S. government bailouts of the erstwhile government mortgage originators (and still seen as government-sponsored enterprises, or GSEs), the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac), and the later bailout of the world’s largest insurer, American International Group (AIG), everything changed with the demise of LB. The FT was describing the freezing of the interbank credit market. After LB’s fall
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enterprises need funds to meet their different types of requirements, i. Long-term requirement ii. Medium-term requirement iii. Short-term requirement Working capital requirement is the short-term requirement. Working capital is the investment needed for carrying out day-to-day operations of the business smoothly. Bank is one of the important sources of working capital requirement. Bank gives various facilities to the borrowers. In this project I have considered various banking
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Guidelines for Project Proposals* A technical proposal, often called a "Statement of Work,” is a persuasive document. Its objectives are to 1. Identify what work is to be done 2. Explain why this work needs to be done 3. Persuade the reader that the proposers (you) are qualified for the work, have a plausible management plan and technical approach, and have the resources needed to complete the task within the stated time and cost constraints. What makes a good proposal? One attribute is appearance
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INTRODUCTION In the recent years the demand of home loans has increased dramatically. Part of the reason for this increase is because of accessibility of loans has gotten bigger. Today home loans are available in the market at very low and good rates that meet the demands of many home buyers. A home represents the largest asset that typically people have and this is why home loans have such a huge impact in the loan market today. When a person purchases a home he or she will be investing a
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changing structure of non bank financial institutions; problem of non performing assets in Indian Banks. UNIT-IV Trend and pattern of India's foreign trade and balance of payments; latest EXIM policy-main features; policy towards foreign direct investment; globalisation trends in Indian economy; role of MNC's; India's policy commitments to multilateral insitiutions - IMF, World Bank and WTO. NOTE : The question paper will be set by the external examiners. The external examiner will set 8 questions
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FIGHTING GLOBAL POVERTY FIGHTING GLOBAL POVERTY Banking on Bloodshed UK high street banks’ complicity in the arms trade Banking on Bloodshed: UK high street banks’ complicity in the arms trade Preface . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 Executive summary . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2
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