A Career In Investment Banking Essay

A Career in Investment Banking Essay
ANALYSIS OF A CAREER IN INVESTMENT BANKING
ANALYSIS OF A CAREER IN INVESTMENT BANKING
INTRODUCTION What is Investment Banking Dictionary defines 'investment' as "the money that people or organizations have put into a company,
business, or bank in order to get a profit, or to make a business activity successful" (Longman). An investment banker is someone whose job is to
make investments as successful and as profitable as possible. It is investment banker's job to use the knowledge of the market and economy in advising
his/her clients on a variety of financial matters.
Who is an investment Banker
Investment bankers perform a wide range of finance–oriented functions. They control the issuance of stock and oversee its...show more content...
In addition, it is always helpful to get more then one degree, or complement any of the degrees mentioned above with a degree in law or business law.
Due to the variety of educational programs, students must evaluate their skills and interests in order to select a major that would suit them the most
and that would aide in amplifying those skills.
Interests Needed to be an Investment Banker
A career in investment banking requires a variety of skills. Communication, creativity, analytical skills, and people skills are a must in the field of
investment banking. In addition, initiative, and some basic sales abilities are also quite helpful. In order to succeed in this profession a person must
be able to deal with people as well as computers and numbers. Versatility and broad knowledge base can provide an extra edge for an investment
banker. In the course of a career, an investment banker may have the opportunity to work for companies in every single field. The more a banker
knows about the field or the company he/she is hired by, the higher are his/her chances of success.
FINDING A JOB Job Market for Investment Bankers The market
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Thesis Statement For E-Banking
RESEARCH DESIGN
STATEMENT OF THE PROBLEM
Every time the users need to perform some transactions, he has to go to bank in person and do his necessary work, which may not be so feasible all
the time, it may be a hard and hitting task for the users and bankers too. Online banking system provides enhanced techniques for maintaining the
required information up–to date which results in efficiency and customer's transactions are made easy when they adopt E–banking system.
OBJECTIVE OF THE STUDY:
1.To understand the major attributes of customer satisfaction.
2.To determine the main factors influencing the level of customer satisfaction in ICICI Bank.
3.To assess the level of customer satisfaction on the quality of service provided by the ICICI Bank.
4....show more content...
SavingsCurrent Both
7 Are you aware about the ICICI Mobile banking Services? Yes No
9 Do you use your mobile phone for any financial/ banking transactions? Yes No
10 How long have you been using ICICI Mobile banking services?
For the last 6 months6–12 months 1year –2 years More than 2 years
11 Why did you choose Mobile banking facility? Please Mark your preference on the basis of the below statements:
Sl.noFactorsStrongly AgreeAgreeNeither Agree nor DisagreeDisagreeStrongly Disagree

Q1Mobile Phone is
Easy to use
Q2Using of mobile phone makes
Banking facility effortless
Q3Can do banking anytime
Anywhere
Q4Easier than other modes of transactions (ATM, Internet Banking)
Q5User friendly

An Article On U.s. Banking Essay
I recently caught an article on U.S. banking from one of my favorite U.S. websites "Banking Connects." The essence of the piece was that U.S. banks
were awash in funds, but entrepreneurs were somewhat "floating alone" in help on floating that loan! So, let 's try and "Canadianize" that comment a
bit with respect to a franchise loan in Canada, with emphasis on how to successfully loosen the purse strings of those franchise lenders for your
funding needs. Two critical components of success in franchising funding are your overall "package" of information, including a business plan and
cash flow document, as well as owner capital. For non–financial types, those two fairly basic elements are still daunting though. The good news is that
for very modest prices, a number of solid sources can recommend assistance or even complete the package on your behalf. The cost by the way?
Reasonable! And now on to owner capital. If there 's one constant question we get from clients, it 's "How much money do we have to put into the
business." Naturally, we have the perfect answer that never seems acceptable at the outset: "It depends." That 's because the amount of money you put
into the business is dictated by several areas of planning that must all come together. They are as follows: In certain instances, some Canadian or U.S.
franchisors doing business in Canada might even strongly dictate how much money you have to put down. We suggest that they might be doing this by
experience,

Essay on Banking
Introduction A bank refers to a financial institution that accepts deposits and channels the money into lending activities (Lewis, 2009). Ethics refers to
the principles of right and wrong that are accepted by an individual or a social group ((Lewis, 2009).) Conceptually, ethics refers to well base
standards of right and wrong that prescribe what humans ought to do, usually in terms of rights, obligations, benefits to society, fairness, or specific
virtues (Safakli, 2005). It's the integrity measure, which evaluates the values, norms and rules that constitute the base for individual and social
relationships, from a moral perspective (Smith and Smith, 2002). It consists of choosing the good over the bad, the right over the wrong and the...show
more content...
The banking sector in the modern society, in many areas, play many roles which includes unifying and intermediary roles between the fund supplying
and fund demanding sides of the society, helping accomplish investment and saving functions. Banking institutions are expected to protect the rights
and interests of depositors, establish stable and trustworthy financial markets, engage in economic development and more importantly to ethically
conduct their operations in compliance with the principles of integrity, transparency , reliability, impartially, with social responsibility and control
money laundering (Carse, 1999). However, not all banking institutions practice these norms, with their dishonor leading to adverse effects, for instance;
corruption which includes the banking sector unethical conduct, can cost the poor three times more than the rich, according to a 2002 Word
Development Report. Ethical issues Financial institutions –including banks of all sorts, credit agencies, private equity firms, pension funds, insurance
companies, and the like– have long been considered by most people to have no other object in view than the creation of wealth. The performance of
financial institutions is therefore measured solely on the basis of their capacity to maximize financial assets, that is, it has been measured with
evaluation factors that review only their monetary bottom–line results.

How Technology Has Affected The Banking Industry
Online Banking:
How Technology has Affected the Bank Industry
Aluscine Kabia
Diana Mickle
Jennifer Ross
Betty Tekeste
University of Phoenix
COM525: Managerial Communication and Ethics
Edward L. Dempsey
March 14, 2005
Modern technology has set the stage for today's industries to adopt faster, more effective and efficient tools to improve their business and productivity.
A vast majority of organizations within various industries are using new technology to introduce changes to their business operations. Simply stated,
these changes are manifested in what they do, with whom they do it, how they do it, and the tools they use to get it done. However, it is worthwhile to
note that, while technology can offer...show more content...
Changes in how banks are providing their service has affected, and will continue to affect hiring practices, as more online services become available,
demanding the need to employ computer specialists.
Online banking is also changing the way banks market their products. Customers are not just seeing the new interest rate offer for opening a one–year
CD or money market account, on an easel as they walk into their local branch. Today's banker sees the ad on a flashing banner as they launch their
bank's website. Banks also advertise various types of loans, investment accounts and insurance products that are easy to purchase or open with an
online application. The growing use of new credit scoring software allows banks to advertise a guaranteed answer or 24 hour approval on such
applications. E–tools for conducting such services have completely changed old banking processes, and provide new, more convenient ways of
banking, that Banks are using to lure customers into their business.
The customer's of online banking reap many benefits from the added convenience of online banking, but the nature of banking has completely changed
and requires new skills. For instance, basic personal computer skills are a must for bankers wanting to enter the online banking world. Bankers will
now need to be able to maneuver through the numerous tabs, buttons and icons on their computers, to be able to access their accounts, and complete

transactions. Officials

Technology In Banking
Small businesses / small borrowers, post–recession (i.e. before 2008) are come across for more than just a lender. They are seem to be for an own bank
benefits and business partner.
This type of customer has created a unique opportunity for banks. Yet, many banks have not come across way of move beyond the traditional lenders.
By becoming as a mentor to small business clients, banks gain additional revenue on this stream through fee–based services. For example, Bank begun
offering services such as deposit offerings, capital rising and strategic plan. Banks also offers a negligible cash management service to its customers,
which moves cash to a higher return investment once the account hits a certain level.
Offering additional services...show more content...
8. Its not necessary two institutes are the work equally or two banks are the same or two customers are exactly alike. It's come to know only through
test and then test again. Testing things includes such as messaging, frequency and channel of communications and special offers are some of the very
important areas possible for testing.
7.2 CONCLUSIONS
In the modern scenario India now competes the global world. Company having more challenging and take part to global completion. The Banking
conditions in the country are far better to any other country in the world. Banking Industry has also become more powerful in this scenario. It has also
many challenges faces to local level to state and national level. Banks Credit and liquidity risk studies suggest that Indian banks are generally elastic.
Indian banking industries witnessed adopt innovative banking models like credits (i.e. advances) and small finance banks. RBI's new measures may
helping the restructuring of the domestic banking industry. Banking is the credit creating sector. Contributions of banks to the GDP of a country
includes Credit creation, Banks nowadays perform various

Banking Conclusion And Conclusion
Chapter VIII
Summary, Conclusions and Suggestions
8.1 Summary and Conclusions:
A brief summary to grasp the results and identify important outcomes on the basis of analysis done in the previous chapters can be presented as follows:
Banks are the life–blood of modern economy. They help in mobilizing the nation's saving and on the other hand, they channelize these saving into high
investment priorities.Indian banking system comprises of both organized and unorganized banks. Unorganized banking includes indigenous bankers
and village money–lenders. Organized banking includes Commercial Banks, Development Banks,EXIM Banks, State Cooperative Banks, Regional
Rural Banks, NABARAD and Reserve Bank of India at the top.Public, private and foreign sector banks falls under commercial Banks category.The
process of liberalization of the financial sector was initiated in 1991–92, which aimed at creating a more diversified, profitable,...show more content...
Banking sector reforms essentially consisted of a two–pronged approach. While nudging the Indian banking system to better health through the
introduction of international best practices in prudential regulation and supervision early in the reform cycle, the idea was to increase competition in
the system gradually .Special emphasis was placed on building up the risk management capabilities of the Indian banks, measures were also initiated to
ensure flexibility, operational

Essay On Banking Industry
Banking Industry in 2010–11
During 2010–11, banks improved in terms of asset quality and profitability. Stress test showed that banks remained reasonably resilient to liquidity and
interest rate shocks
There were emerging concerns about banking sector stability related to disproportionate growth in credit to sectors such as real estate, infrastructure,
NBFCs and retail segment, persistent asset–liability mismatches, higher provisioning requirement and reliance on short–term borrowings to fund asset
growth
Presently, the key issues related to the Indian banking sector include: o prospective migration to Basel III while upgrading the existing risk
management practices under Basel II; o transition to International Financial Reporting...show more content...
It initiated the policy discussions with regard to providing new bank licenses, designing the road–ahead for the presence of foreign banks and holding
company structure for banks
The process of migration to the advanced approaches under the Basel II regulatory framework continued during 2010–11, while also facilitating the
movement towards the Basel III framework
Financial Inclusion continued to occupy centre stage in banking sector policy with the rolling out of Board–Approved Financial Inclusion Plans by
banks during 2010–11 for a time horizon of next three years
Operations and Performance of Commercial Banks
The consolidated balance sheet of SCBs recorded higher growth in 2010–11 as compared with the previous year. This was different from what was
observed during the last two years and indicated a revival from the peripheral effects of the global financial turmoil
Deposits registered higher

Benefits Of A Banking Career Essay
Introduction
The impact of skills and availability in choosing a banking career in today's work force can be demanding yet challenging while also offering
rewarding advancement and great accomplishments. Advantages of a banking career consist of getting to know a bank's products and services,
develop teamwork skills, engage with the community, competitive wages, become a better salesperson, and opportunity for advancement.
(BankingCareersInfo.com) Choosing a career in an entry level banking field will place me into a fast paced professional setting that will allow me to
interact with the public while handling their private and personal information ad providing for their banking service needs.
Types of careers in Banking
Banking is a competitive market that offers a broad range of careers. Choosing a career path in banking more often begins with job availability within
your area and in general most first time banking careers begin at the entry level position and work their way up within the company.
Tellers
Accounts Representatives
Loan Officers
Financial Analysts
Collectors
Treasurers
Budget Analysts
Knowledge, Skill, and Abilities in Entry Level Banking Career,
Considering that the broad range of careers within banking varies, so do the amount of knowledge, skills and abilities, I may need for the position. The
requirements of this position of Customer Accounts Representative required having: High School Diploma or equivalent, three years plus

What is Offshore Banking Essay
Offshore banking is the action of having a bank account outside of the country of residence. Typically it offers many advantages like greater privacy,
low or no taxation, easy access to deposits and protection against local, political, or financial instability, but has also been popular for its use of illegal
practices like money laundering and tax evasion. Those against offshore banking view its illegal reputation and predict that it will only cause further
damage like providing fund for terrorism or holding underground economies. However other experts believe that offshore banking is a safe haven for
depositors and has had a substantial impact on the international economy in today's world.
Though perfectly legal, since the late 1990's...show more content...
It is for this reason why those who oppose offshore banking wish to regulate its use.
Historically, the U.S. has done little to regulate and enforce laws on offshore accounts. As highlighted by the UBS and Credit Suisse cases between
2009 and 2011, the U.S. government has recently begun regulating offshore bank accounts on a heavier basis. This creates a myriad of legal issues for
lawyers dealing with large banks, as they need to ensure the company complies with U.S. regulation wherever they are conducting business. A new
provision of the Foreign Account Tax Compliance Act (FATCA) originally passed in 2010 which will take effect in July 2014. This new provision
would require foreign financial institutions to report information about their U.S. account holders to the Internal Revenue Service (IRS). This includes
both U.S. citizens and U.S. green card holders, no matter where they are living. If you were planning to move to a different country from the U.S and
wish to move all your money with you, the IRS will still hold jurisdiction over your accounts.
Defenders of offshore banking have criticized these attempts at regulations. Advocates for offshore banking have proven that there are some legal
advantages to offshore banking. The most compelling advantages to offshore banking would have to be its privacy, flexibility and protection from
political risks.

Internet Banking
Internet Banking – Experiences of International markets In the days of virtualisation where working mothers and travelling sales–team prefer to use
flexi–time and remote jobs profile; Internet is being adopted as a parallel medium of communication, transaction, and social networking. Internet
banking is fast gaining momentum across the globe for its convenience and ease of conducting transactions at a speed and service levels never dreamt
of, a decade ago. In–spite of its multiple advantages, there is a need to step back and re–think on perceptions it carries with the masses. Is Internet
Banking truly replacing the layers of branch banking in a big way? Is Internet Banking a definitive future of how world people will transact over...show
more content...
Г Global e–commerce activity is currently estimated to be approx 10 Trillion US$. Increasingly, Internet banking will be used as a payment mode
either using physical / virtual credit cards or though fund transfer / direct debits. Currently Physical card plays a major role in these global payments
with or without using Internet Banking. Security Threats over Internet – a need for introspection In contrast to the growth stories, parallel research by
organization such as Mintel in USA suggests a flip side of the story. e.g. study by Mintel indicates around two thirds of 40% younger consumers
developed or matured market between 18–34 are turning way from online banking services, as they "don 't trust transactions on the Internet". Therefore
a huge introspection is needed from bankers for planning to counter the security threats in terms of hacking, Phishing, Pharming, keystroke logging,
Trojan horses and several other modes of attacks on customer as well as banks. Several Banks across the globe had to either compensate customers of
security scams or to accept the responsibilities of major overhaul of their Internet banking channel. In fact, The Australian Securities and Investment
Commission (ASIC) has invited a major debate within banking industry whether to accept liability of banks to compensate customer and / or design
higher customer responsibilities for Internet Banking Frauds. A security threat is the

Education: Banking or Problem Posing? Essay
Education: Banking or Problem Posing?
Richard Rodriguez and Paolo Freire write of education as the core factor in one's life. They feel that education itself lends people to either "achieve"
greatness or fall into the majority of "bankers." "The Achievement of Desire" by Rodriguez and "The Banking Concept of Education" by Freire greatly
resemble each other; however, they also differ on some points. Despite their differences, both texts come to the same conclusion – education makes a
person who he/she can become.
Rodriguez and Freire both state that education is vital for success. Rodriguez writes that he is the way he is because of his education. Rodriguez came
from a working class Mexican family. When he was introduced to education, he...show more content...
Both speak about education in the context of the student–teacher relationship. The banking theory of education only allows for the teacher to rule over
the classroom and allows for little interaction with students. Banking turns students into "receptacle" (pg 260) bins that are crammed with information
that the teacher chooses to fill them with. "Education thus becomes an act of depositing." (pg 260) The teacher almost becomes a dictatorial figure and
only lectures. In banking education, the "teacher confuses the authority of knowledge with his or her own professional authority." The teacher student
relationship must be resolved in order for problem posing education to occur. If the teacher is authoritative and the student is subject to whatever is
taught by the teacher, no liberating or conscious acts are being performed. Banking education is almost oppressive. A problem with banking education
is that the one being taught is almost being dominated. The oppressed must also adapt to the situation set forth, instead of them adapting the situation.
This process pushes towards a minority who conquer the majority.
One who is a subject of solely banking is also subject to fit most perfectly into the majority of people. The problem with this is that greatness will
never be achieved by the majority, only by those who stand out of it. This minority can set forth rules and regulations and as

Banking Essay
ukessays.com http://www.ukessays.com/essays/finance/bank–deposit–or–common–stock–investment–finance–essay.php Bank Deposit Or Common
Stock Investment Finance Essay In our modern society, money has become one of the basic factors apart from food, shelter, clothing and medicine that
human needs to survive. In practice, it is easy to spend money than making it (Mitchell, 1912). One optimal way to make money is investment but a
number of subsequent questions have arisen. What are investment opportunities? Which type of investment options do provide the competitive benefit
for investors? And what are the benefits and drawbacks of each option? To answer these questions, there are many alternative options of investment the
investors can...show more content...
We provide custom model essays to help students get great grades. Read more > Looking for examples of our actual custom work written by
professionals. Click here > We also offer a wide range of other services from dissertations to presentations. View all services > Simple Investment in
Bank Deposit One of the easiest ways to start investing is to deposit money in banks. It can be said that banks are ideally places where basic
requirements of investors such as security, ability to withdraw whenever they want, and a reasonable return on their money, are fulfilled (Rowlatt &
Davenport, 1966). Bank is a financial organization which is classified as one of depository institutions. It raises funds to do its ventures (Agapie et al.,
2010). Bank, licensed from the government, provides many financial services such as payment services, lending service, insurance service, and deposit
service, which will be focused in this essay. Investing in banks means that investors have to deposit sum of their money in bank account that provides
competitive earnings. According to Collins English Dictionary, deposit means putting money in a bank or financial institution for interest or
safekeeping purposes ("deposit," n.d.) with bank's broad range of deposit services, customers can choose type of account that suits their saving
behaviors. This service accounts for one option for investment since

Money and Banking Essay
0
The use of money and its transmission through the economy by means of a banking system characterise modern economies. Money has been used for
thousands of years, but has evolved to more sophisticated forms and its transmission has improved over time. There have long been questions over the
effects money and banking have in the economy. Frequently they have given rise to intense debate, and are seldom far from discussion on the
economy's performance, prices, exchange–rates and so on. The British economy was the first to industrialize. It developed a sophisticated financial
system around the same time. The relationship between the two has been a constant topic of discussion.
Beyond the point thus described changes in money can only...show more content...
Secondly, it provides an earning outlet for those with surplus funds and provides funds for those with a deficit. This process, known as intermediation,
freed a huge amount of wealth that could be used productively. When banks combine monetary and lending
Figure 1. Source: Capie and Webber (1985)
functions in the best way they constitute a powerful intermediary for channelling available funds to where they could be used to the greatest effect to
promote economic growth. This was the British experience when industrializing in the eighteenth centuryModern British banks were amongst the
earliest to develop. They precede industrialization, growing out of financial capitalism of the seventeenth century, and then played an intimate part in
the process of industrialization and economic development that gained pace in the eighteenth century and that has continued since. The early
associations of banking with goldsmiths and scriveners gave way in the eighteenth century to links to different kinds of businesses, notably brewing
and retailing, or to those engaged in the transfer of funds – such as tax from the provinces to London – and therefore sometimes to solicitors. In the late
eighteenth century their number grew enormously, so that there were hundreds of individual banks. There were a lot of failures too as the system
groped its way slowly towards a more stable form. The banks of the early nineteenth century were small, locallybased, often with only one office.

Modern Banking
WHAT ARE BANKS AND W H A T D O T H E Y D O?
1
1.1. Introduction1
The term ''banking'' can be applied to a large range of п¬Ѓnancial institutions, from savings and loans organisations to the large money–centre
commercial banks in the USA, or from the smallest mutually owned building society to the ''big four'' shareholder owned banks in the UK. Many
European countries have large regional/cooperative banks in addition to three to п¬Ѓve universal banks. In Japan, the bank with the largest retail
network is Sumitomo Mitsui Banking Corporation,2 but its main rival for savings deposits is the Post Ofп¬Ѓce. The objective of this chapter is to
provide an overview of banking and the role played by banks in an increasingly complex п¬Ѓnancial world....show more content...
Market structure is also important: the greater the competition for loans and deposits, the more narrow the interest margin. Intermediation costs will
also include the cost of administration and other transactions costs related to the savings and loans products offered by the bank. Unlike individual
agents, where the cost of п¬Ѓnding a potential lender or borrower is very high, a bank may be able to achieve scale economies in these transactions
costs; that is, given the large number of savings and deposit products offered, the related transactions costs are either constant or falling. Unlike the
individual lender, the bank enjoys information economies of scope in lending decisions because of access to privileged information on current and
potential borrowers with accounts at the bank. It is normally not possible to bundle up and sell this information, so banks use it internally to
increase the size of their loan portfolio. Thus, compared to depositors trying to lend funds directly, banks can pool a portfolio of assets with less risk
of default, for a given expected return. Provided a bank can act as intermediary at the lowest possible cost, there will be a demand for its services. For
example, some banks have lost out on lending to highly rated corporations because these п¬Ѓrms п¬Ѓnd they can raise funds more cheaply by issuing
bonds. Nonetheless, even the most highly rated

Essay about Why Investment Banking
Please explain your motivation for applying to J.P. Morgan and more specifically for an Internship in Investment Banking. (200 words)*
Investment Banking is now at a crucial junction, where Investment and Commercial Banking are splitting up due to the ring fence which is being built
around these two banking areas. As well, the new upcoming regulation, Basel III, will have a huge impact in the investment banks, with higher
liquidity and capital requirements, in order to increase solvency and stability in financial industries.
Secondly, I am keen to apply to the Spring Insight Programme for as I am thoroughly intrigued by the financial markets and International Banking, I
intend to better understand how a leading investment bank works,...show more content...
All this provides me with a full–kit of fundamental abilities for the program that I am applying to.
Please summarise a recent event or development relating to local, regional or global activity that impacts our Investment Banking business. (150
words) *
Since the onset of the financial crisis 2008, the sovereign debt crisis in western economies and the new financial regulation with Basel III coming up,
the financial industry faces the challenge of reinventing itself. The ring–fence for Commercial and Investment Banking, and new economic and
regulatory capital requirements will determine the kinds of products banks will be able to distribute. It will have a huge impact in the Investment
Banking business, which will suffer tough regulation and supervisory procedures. At the same time, credit risk models will be reviewed because they
have failed to predict the crisis of 2008. The current financial and economic crisis doesn't have any precedent in the past.
Please describe a recent task or project where you have shown personal accountability and used initiative to exceed expectations. (150 words) *
Last summer I helped to organise a work camp for a youth club in Spain, which required strict advance planning. Due to a restricted budget, flight
tickets needed to be booked early in order to cut costs. A lack of commitment by many people did not make the booking process easy, but I managed to
persuade a significant number to purchase tickets in

Banking Concept of Education Essay
Banking Concept of Education
Philosopher and educator Paulo Freire once said, "Education either functions as an instrument which is used to facilitate integration of the younger
generation into the logic of the present system and bring about conformity or it becomes the practice of freedom, the means by which men and
women deal critically and creatively with reality and discover how to participate in the transformation of their world." In Freire's work of "the Banking
Concept of Concept", he describes how the education system is failing to help student find success in the real world as well as it provides a framework
for the "teachers" to oppress the "students" through the distribution of power.
The "banking Concept of Education"...show more content...
The oppressors act upon any attempt to chance this system as this situation is quite beneficial, "The oppressors use their "humanitarianism" to preserve
a profitable situation. Thus they react almost instinctively against any experiment in education which stimulates the critical faculties and is not content
with a partial view of reality but always seeks out the ties which link one point to another and one problem to another." (Freire 9)
Freire shifts his focus to talk about the current consciousness state of the students. The consciousness of the students is the key to keeping them
oppressed, by being able to change their consciousness it makes the students easier to control.
To solve the problem plaguing the education system, Freire offers a solution which involves a "problem–posing education". In this system the roles of
teachers and students become mixed and left more open to interpretation. Both the teacher and student actively participate in effective communication
to gain an understanding of the information being taught instead of just memorization. According to Freire, "Knowledge emerges only through
invention and re–invention, through the restless, impatient,

Innovations in Banking Sector
INNOVATIONS IN BANKING SECTOR
INTRODUCTION
The term innovation means"to make something new". Banks no longer restricted themselves to traditional banking activities but explored newer
avenues to increase business and capture new market.
INDIAN BANKING SECTOR
From 1806 qualitative & quantitative changes have been taken place. With 1935 regulation RBI was proclaimed as central bank of India. In 1990's
greater emphasis was placed on technology & innovation. New concepts like personal banking, retail banking, total branch automation etc were
introduced.
INNOVATIONS IN INDIAN BANKING SECTOR
TYPES OF INNOVATIVE BANKING 1. E
–BANKING
Enables people to carry out most of their banking transactions using a safe website which is...show more content...
Most of the banks have begun to take an innovative approach towards banking with the objective of creating more value for customers, and
consequently, the banks. Some of the significant changes in the Indian banking sector are discussed below:
–––––––––––––––––––––––––––––––––––––––––––––––––
Technology for Value Creation The use of information technology in the Indian banking sector was a corollary of the liberalization process initiated in
the country in the early 1990s...–––––––––––––––––––––––––––––––––––––––––––––––––
Rural India Catching UpWith a majority of the Indian population living in rural areas, rural banking forms a vital component of the Indian banking
system. Besides, rural banking operations in India are rather different from urban operations, due to the strong disparity that exists between urban and
rural life, and the needs of these two sections of people...| |
–––––––––––––––––––––––––––––––––––––––––––––––––
Banking Beyond Banking
While traditionally, banking meant 'borrowing and lending', in the latter part of the 20th century, the word took on a different meaning altogether.
Banks no longer restricted themselves to traditional banking activities, but explored newer avenues to increase business and capture new markets... |

Banking Concept And Problem-Posing Methods
The evidence above shows that both– banking concept and problem posing– methods of education help me succeed exceptionally. Authoritative
teachers whom I set as a motivation to work harder and the teachers who lend me their ears whenever my curiosity appears to help me boost my
creativity skills established a great inspiration for me to face all of the challenges in my life with confidence and wisdom. Education is indeed a very
vital tool used in the contemporary world to succeed and the knowledge attained through education can help open doors to a lot of opportunities for
better prospects in my career growth. A mixture of banking concept of education and problem posing method supported me to meet the objectives of
my life. As a student, who

A Career In Investment Banking Essay

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A Career In Investment Banking Essay