Commercial banks provide services like deposits, loans, and investments to large businesses while cooperative banks are owned by their members who are both customers and owners. Recent trends in cooperative banks show that many are facing issues with minimum capital requirements and license cancellations, while commercial banks are adopting new technologies and pursuing financial inclusion. Both bank types play important roles in India's economic development through capital formation, banking services to various sectors, and expanding access to more customers.
What is a regional rural bank ? What is the shareholding pattern of RRB? What are its role and functions ? The organizational structure of RRBs. List and objectives of RRBs. It is a presentation presented by 5 .
This is a simple presentation about microfinance and important of it in developing country. I briefly described about service and impact of it.
I prepared it to present in university.
University of Economics in Katowice, Poland.
Suman Bhattarai (Nepal)
What is a regional rural bank ? What is the shareholding pattern of RRB? What are its role and functions ? The organizational structure of RRBs. List and objectives of RRBs. It is a presentation presented by 5 .
This is a simple presentation about microfinance and important of it in developing country. I briefly described about service and impact of it.
I prepared it to present in university.
University of Economics in Katowice, Poland.
Suman Bhattarai (Nepal)
Meaning, Features of RRBs, Objectives of Regional Rural Banks, Formation and Development of Regional Rural Banks, Reform process of RRBs, For Development/ Promotion/ & Effectiveness of RRBs., Working of RRBs, Functions of RRBs, Structure of Rural Credit
The Reserve Bank of India is India's central banking institution, which controls the monetary policy of the Indian rupee. It commenced its operations on 1 April 1935 during the British Rule in accordance with the provisions of the Reserve Bank of India Act, 1934.
Meaning, Features of RRBs, Objectives of Regional Rural Banks, Formation and Development of Regional Rural Banks, Reform process of RRBs, For Development/ Promotion/ & Effectiveness of RRBs., Working of RRBs, Functions of RRBs, Structure of Rural Credit
The Reserve Bank of India is India's central banking institution, which controls the monetary policy of the Indian rupee. It commenced its operations on 1 April 1935 during the British Rule in accordance with the provisions of the Reserve Bank of India Act, 1934.
This presentation is useful to study about bank and banking system. This presentation is also useful to make presentation on Bank and Banking System. This is also useful to study Engineering Economics and Management.
what is the future of Pi Network currency.DOT TECH
The future of the Pi cryptocurrency is uncertain, and its success will depend on several factors. Pi is a relatively new cryptocurrency that aims to be user-friendly and accessible to a wide audience. Here are a few key considerations for its future:
Message: @Pi_vendor_247 on telegram if u want to sell PI COINS.
1. Mainnet Launch: As of my last knowledge update in January 2022, Pi was still in the testnet phase. Its success will depend on a successful transition to a mainnet, where actual transactions can take place.
2. User Adoption: Pi's success will be closely tied to user adoption. The more users who join the network and actively participate, the stronger the ecosystem can become.
3. Utility and Use Cases: For a cryptocurrency to thrive, it must offer utility and practical use cases. The Pi team has talked about various applications, including peer-to-peer transactions, smart contracts, and more. The development and implementation of these features will be essential.
4. Regulatory Environment: The regulatory environment for cryptocurrencies is evolving globally. How Pi navigates and complies with regulations in various jurisdictions will significantly impact its future.
5. Technology Development: The Pi network must continue to develop and improve its technology, security, and scalability to compete with established cryptocurrencies.
6. Community Engagement: The Pi community plays a critical role in its future. Engaged users can help build trust and grow the network.
7. Monetization and Sustainability: The Pi team's monetization strategy, such as fees, partnerships, or other revenue sources, will affect its long-term sustainability.
It's essential to approach Pi or any new cryptocurrency with caution and conduct due diligence. Cryptocurrency investments involve risks, and potential rewards can be uncertain. The success and future of Pi will depend on the collective efforts of its team, community, and the broader cryptocurrency market dynamics. It's advisable to stay updated on Pi's development and follow any updates from the official Pi Network website or announcements from the team.
If you are looking for a pi coin investor. Then look no further because I have the right one he is a pi vendor (he buy and resell to whales in China). I met him on a crypto conference and ever since I and my friends have sold more than 10k pi coins to him And he bought all and still want more. I will drop his telegram handle below just send him a message.
@Pi_vendor_247
The European Unemployment Puzzle: implications from population agingGRAPE
We study the link between the evolving age structure of the working population and unemployment. We build a large new Keynesian OLG model with a realistic age structure, labor market frictions, sticky prices, and aggregate shocks. Once calibrated to the European economy, we quantify the extent to which demographic changes over the last three decades have contributed to the decline of the unemployment rate. Our findings yield important implications for the future evolution of unemployment given the anticipated further aging of the working population in Europe. We also quantify the implications for optimal monetary policy: lowering inflation volatility becomes less costly in terms of GDP and unemployment volatility, which hints that optimal monetary policy may be more hawkish in an aging society. Finally, our results also propose a partial reversal of the European-US unemployment puzzle due to the fact that the share of young workers is expected to remain robust in the US.
Poonawalla Fincorp and IndusInd Bank Introduce New Co-Branded Credit Cardnickysharmasucks
The unveiling of the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card marks a notable milestone in the Indian financial landscape, showcasing a successful partnership between two leading institutions, Poonawalla Fincorp and IndusInd Bank. This co-branded credit card not only offers users a plethora of benefits but also reflects a commitment to innovation and adaptation. With a focus on providing value-driven and customer-centric solutions, this launch represents more than just a new product—it signifies a step towards redefining the banking experience for millions. Promising convenience, rewards, and a touch of luxury in everyday financial transactions, this collaboration aims to cater to the evolving needs of customers and set new standards in the industry.
Empowering the Unbanked: The Vital Role of NBFCs in Promoting Financial Inclu...Vighnesh Shashtri
In India, financial inclusion remains a critical challenge, with a significant portion of the population still unbanked. Non-Banking Financial Companies (NBFCs) have emerged as key players in bridging this gap by providing financial services to those often overlooked by traditional banking institutions. This article delves into how NBFCs are fostering financial inclusion and empowering the unbanked.
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Currently pi network is not tradable on binance or any other exchange because we are still in the enclosed mainnet.
Right now the only way to sell pi coins is by trading with a verified merchant.
What is a pi merchant?
A pi merchant is someone verified by pi network team and allowed to barter pi coins for goods and services.
Since pi network is not doing any pre-sale The only way exchanges like binance/huobi or crypto whales can get pi is by buying from miners. And a merchant stands in between the exchanges and the miners.
I will leave the telegram contact of my personal pi merchant. I and my friends has traded more than 6000pi coins successfully
Tele-gram
@Pi_vendor_247
how to sell pi coins at high rate quickly.DOT TECH
Where can I sell my pi coins at a high rate.
Pi is not launched yet on any exchange. But one can easily sell his or her pi coins to investors who want to hold pi till mainnet launch.
This means crypto whales want to hold pi. And you can get a good rate for selling pi to them. I will leave the telegram contact of my personal pi vendor below.
A vendor is someone who buys from a miner and resell it to a holder or crypto whale.
Here is the telegram contact of my vendor:
@Pi_vendor_247
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Latino Buying Power - May 2024 Presentation for Latino CaucusDanay Escanaverino
Unlock the potential of Latino Buying Power with this in-depth SlideShare presentation. Explore how the Latino consumer market is transforming the American economy, driven by their significant buying power, entrepreneurial contributions, and growing influence across various sectors.
**Key Sections Covered:**
1. **Economic Impact:** Understand the profound economic impact of Latino consumers on the U.S. economy. Discover how their increasing purchasing power is fueling growth in key industries and contributing to national economic prosperity.
2. **Buying Power:** Dive into detailed analyses of Latino buying power, including its growth trends, key drivers, and projections for the future. Learn how this influential group’s spending habits are shaping market dynamics and creating opportunities for businesses.
3. **Entrepreneurial Contributions:** Explore the entrepreneurial spirit within the Latino community. Examine how Latino-owned businesses are thriving and contributing to job creation, innovation, and economic diversification.
4. **Workforce Statistics:** Gain insights into the role of Latino workers in the American labor market. Review statistics on employment rates, occupational distribution, and the economic contributions of Latino professionals across various industries.
5. **Media Consumption:** Understand the media consumption habits of Latino audiences. Discover their preferences for digital platforms, television, radio, and social media. Learn how these consumption patterns are influencing advertising strategies and media content.
6. **Education:** Examine the educational achievements and challenges within the Latino community. Review statistics on enrollment, graduation rates, and fields of study. Understand the implications of education on economic mobility and workforce readiness.
7. **Home Ownership:** Explore trends in Latino home ownership. Understand the factors driving home buying decisions, the challenges faced by Latino homeowners, and the impact of home ownership on community stability and economic growth.
This SlideShare provides valuable insights for marketers, business owners, policymakers, and anyone interested in the economic influence of the Latino community. By understanding the various facets of Latino buying power, you can effectively engage with this dynamic and growing market segment.
Equip yourself with the knowledge to leverage Latino buying power, tap into their entrepreneurial spirit, and connect with their unique cultural and consumer preferences. Drive your business success by embracing the economic potential of Latino consumers.
**Keywords:** Latino buying power, economic impact, entrepreneurial contributions, workforce statistics, media consumption, education, home ownership, Latino market, Hispanic buying power, Latino purchasing power.
3. COMMERCIAL BANKS
A commercial bank (or business bank) is a type
of bank that provides services, such as accepting
deposits, giving business loans and basic
investment products.
Commercial bank can also refer to a bank or a
division of a bank that mostly deals with deposits
and loans from corporations or large businesses,
as opposed to individual members of the public
(retail banking).
4. CO-OPERATIVE BANKS
A co-operative bank is a financial entity which
belongs to its members, who are at the same
time the owners and the customers of their
bank. Co-operative banks are often created by
persons belonging to the same local or
professional community or sharing a common
interest. Co-operative banks generally provide
their members with a wide range of banking and
financial services (loans, deposits, banking
accounts)
5.
6. WHAT IS COMMERCIAL BANKS ?
• Commercial banks are the most important source of
institutional credit in the money market.
•
Commercial bank is a profit-seeking business firm,
dealing in money or rather dealing in claims to money.
• Moreover, deposits in a commercial bank circulate as
money, while deposits in other financial institutions do
not.
7. FUNCTIONS OF COMMERCIAL
BANKS
1. PRIMARY FUNCTIONS
These are the original functions of a bank whichare
obligatory in nature. Each bank must perform these
functions.
Acceptance of deposits from the public:
Savings Bank Deposits:
Current Account deposits:
Fixed Account Deposits:
Recurring Account deposits:
8. CONTD…
2. LOANS AND ADVANCES:
Overdraft facility:
Cash credit facility:
Discounting bills of exchange:
Direct loans:
3. CREDIT CREATION:
“Banks are not merely the manufacturers of money , but
also in an important sense manufacturers of money”.
9. SECONDARY OR NON-BANKING
FUNCTIONS:
In addition to the above mentioned banking functions, the
commercial banks performs a number of non-banking
functions such as :
Agency Service
Collection
Payments
Trustee Executor And Attorney
11. CATEGORIES OF CO-OPERATIVE BANKS
• Short term lending oriented CO-OPERATIVE
BANKS
• Long term lending oriented CO-OPERATIVE
BANKS
12. STRUCTURE OF CO-OPERATIVE BANKS
• Primary Agricultural Credit Societies : The Primary
Co-operative Credit Society is an association of
borrowers and non-borrowers residing in a particular
locality.
• District Central Co-operative Banks : These are the
federations of primary societies in a district.
13. CONTD…
• State Co-operative bank : the state co-operative bank is
a federation of central co-operative bank and acts as a
watchdog of the co-operative banking structure in the
state.
• Land Development Banks : The land development
banks are organised in 3 tiers namely state, central and
primary level and they meet the long term credit
requirements of the farmers for development purposes.
14.
15. IMPORTANCE OF COMMERCIAL BANK
• Capital Formation
• Banking & Investment
• Banking & Industry
• Banking & Agriculture
• Banking & Trade
20. RELATIONSHIP BETWEEN BANK AND
CUSTOMER
• In India, banks face a challenge of providing services to a broad
range of customers, varying from highly rated corporates and high
net worth individuals to low-end depositors and borrowers.
• Banks usually place their customers into certain categories so that
they are able to (a) develop suitable products according to customer
requirements and (b) service customers efficiently.
• While banks are competing with each other to attract the most
profitable businesses, financial inclusion is increasingly becoming
part of their agenda.
21. CUSTOMER RELATIONSHIP MANAGEMENT
• RBI has set up a full-fledged Customer Service Department with a
view to making banks more customer-friendly.
• Customers of commercial banks can also approach the RBI with
their grievances.
• In February 2006, RBI set up the Banking Codes and Standards
Board of India (BCSBI) as an independent autonomous watchdog to
ensure that customers get fair treatment in their dealings with banks.
• The BCSBI has published the "Code of Banks' Commitments to
Customers "(the Code)" which sets minimum standards of banking
practice and benchmarks in customer service for banks to follow.
22. STRATEGY FOR EXPANDING CUSTOMER
BASE
Driven by competition, banks are increasingly making
their services customer-friendly. There are three
key components of strategies to expand and retain
the customer base:
• Product life cycle strategy
• Appropriate targeting
• Expanding product portfolio
23. COMMITTEES ON CUSTOMER SERVICE
• Banks are required to constitute a Customer Service
Committee of their respective Boards and include
experts and representatives of customers as invitees to
enable improvements in the quality of customer service.
• Further, banks have to establish Customer Service
Committee at branch level.
• Each bank is also expected to have a nodal department /
official for customer service in the Head Office.
24.
25. CUSTOMER RELATION MANAGEMENT OF COOPERATIVE BANKS
•
The process of maintaining a lasting relationship with
customers relationship management(CRM).This process
brings the customers & the company closer together.
•
Maintaining good relationship with customers lie at
heart of success in business. It is a strategy for the
company and tool for the employees
26. CRM IN CO-OPERATIVES
• According to Dr. O.R krishnasamy, co-operation is a
‘value-laden’ concept.
• The core values of co-operation are spontaneity,
homogeneity,
universality,mutuality,equality,equity,democracy,automa
ny,participation and frugality.
• The principles and values of co-operation make the cooperatives unique organisations.
27. CRM IN CO-OPERATIVES
• The Members and Customers.
• Member Institutions.
• The Method Used for CRM.
• The Principles of CRM.
• RETENTION of CUSTOMERS.
28.
29. EVOLVING TRENDS IN COMMERCIAL BANKS
There are a number of trends evolving in modern banking, the most important
of which relate to :
1.
TECHNOLOGY
Banks in India have started using technology in a proactive manner. The huge
number of bank customers and their myriad needs are being met in increasingly
sophisticated ways such as :
•
Internet Banking - Through its website, a bank may offer its customers
online access to account information and payment and fund transfer
facilities.
•
Mobile Banking Transactions - Some banks have started offering mobile
banking and telebanking to customers. The expansion in the use of mobile
phones has created new opportunities for banks to use this mode for
banking transactions
30. •
Point of Sale (PoS) Terminals - To use smart cards/debit cards/credit cards for
the purchase of an item or for payment of a service at a merchant's store, the
card has to be swiped in a terminal (known as Point of Sale or POS terminal)
kept at the merchant's store. POS terminal is a relatively new concept.
2. FINANCIAL INCLUSION
Financial Inclusion implies providing financial services viz., access to payments
and remittance facilities, savings, loans and insurance services at affordable cost
to those who are excluded from the formal financial system. There are various
initiatives taken by the RBI such as :
•
Basic banking 'no-frills' account
•
Use of Business Facilitators and Correspondents
•
Micro Credit
•
Self-Help Groups (SHGs)
31. 3. OUTSOURCING OF WORK BY BANKS
Outsourcing represent utilization of services of another entity or
outside service provider to perform certain functions/activities,
continuously which otherwise would have been normally
undertaken by the bank itself. This may be through an affiliated
entity (say a subsidiary) or an external entity like a marketing agent.
The outside service provider is an entity undertaking the outsourced
function on behalf of the bank. Outsourcing enables them to
economize their cost of operations. It however involves certain risks.
32.
33. RECENT TRENDS IN COOPERATIVE BANKS
• India’s cooperative banking sector has been suffering in the last
many years due to poor management and capital shortage.
• During 2000-2010, 132 banks had their licenses cancelled and 62
merged with other banks.
• There are over 1,650 UCBs with close to 7,000 branches in the
country.
• About 45 Indian co-operative banks with combined deposits
of Rs.35,600 crore face penal action by the Reserve Bank of India
(RBI), including possible prohibition on their operations, if they fail
to meet a 30 June deadline to achieve minimum capital and reserve
requirements.
34. • Of the 45 cooperative banks, 23 do not even have
licences but these together have Rs.7,600 crore
deposits.
• Of these, 16 are in Uttar Pradesh, three in
Maharashtra, three in Jammu and Kashmir and one
in West Bengal.
35. • The 16 banks in Uttar Pradesh together have a deposit
base of Rs.2,900 crore and will require Rs.1,400 crore of
capital to meet the 4% CAR stipulation. The three banks
in Maharashtra have about Rs.3,000 crore of deposits.
• These 23 banks will require about Rs.2,100 crore of
capital to achieve 4% capital adequacy ratio, according
to NABARD’s estimates.
• The remaining 22 of the 45 cooperative banks have
licences but were served notices by the central bank two
months ago for non-compliance with its stipulations.
36. • Of these, seven are in Kerala. These banks have to raise
their capital adequacy to 4% by the end of June and to
7% by March 2014. All cooperative banks have to
gradually migrate to 7% capital adequacy by March,
2014.
• In March 2011, the total deposits of all district
cooperative banks stood at Rs.1.61 trillion and the
advances at Rs.1.2 trillion.
37.
38. ECONOMIC DEVELOPMENT BY BANKING
SECTOR
•
•
•
•
Capital formation
Development of Agriculture sector
Investment in new enterprise by banking
Promotion of trade and industry
41. CO-OPERATIVE
BANK
Federal structure in
nature i.e at the top
level State Cooperative Banks
,and at the village
level primary Cooperative credit
Societies
COMMERCIAL BANK
They are functioning
on branch banking
and the branches
are located in all
areas rural,
urban,etc. the head
office contain
branches through
Zonal Office
42. They are generally
concentrating on
rural credit and
provide credit
facilities to
agricultural and rural
activities.
In Co-operative Banks
the borrowers are
usually their
members.
They are mainly
concentrating on
the requirements of
trade and industry.
Borrowers can be any
including
individuals
institutions.
43. At present cooperative banks in
India do not operate
mutual funds.
The Co-operative
Banks provide a
little higher rate of
interest on deposits
as compared to
commercial banks.
Commercial Banks
in India such as
Canara Bank, Bank
of India, State Bank
of India, do operate
mutual funds.
The Commercial
Banks provide a
lesser rate of
interest as
compared to cooperative banks.