The report deals with a clear understanding of the lending procedures followed by Indian Overseas Bank. It not only explains the basic concepts and the terminologies used in the banking sector but also gives an insight into the legal aspects and the paper work required for final sanction of a loan proposal.
Banking Structure in India:
This presentation helps us to understand the basics of banking in India, its initiation, role and growth over the period of time.
Today, the banking industry in our country is stronger and capable of withstanding the pressures of competition. It withstood Global Financial Crisis (2008). In the era of Globalization Banking Sector in India is rapidly changing since 1990s due to technological innovation, financial liberalization with entry of new private and foreign banks, and regulatory changes in the corporate sector. Indian banking industry is gradually moving towards adopting the best practices in accounting, internationally accepted prudential norms, with higher disclosures and transparency, corporate governance and risk management, interest rates have been deregulated, while the rigour of directed lending is being progressively reduced. In our country, currently we are having a fairly well developed banking system with different classes of banks – public sector banks, foreign banks, private sector banks – both old and new generation, regional rural banks and co-operative banks with the Reserve Bank of India as the leader of the system. In the banking field, there has been an unprecedented growth and diversification of banking industry and our banks are now utilizing the latest technologies like internet and mobile devices to carry out transactions and communicate with the masses.
The report deals with a clear understanding of the lending procedures followed by Indian Overseas Bank. It not only explains the basic concepts and the terminologies used in the banking sector but also gives an insight into the legal aspects and the paper work required for final sanction of a loan proposal.
Banking Structure in India:
This presentation helps us to understand the basics of banking in India, its initiation, role and growth over the period of time.
Today, the banking industry in our country is stronger and capable of withstanding the pressures of competition. It withstood Global Financial Crisis (2008). In the era of Globalization Banking Sector in India is rapidly changing since 1990s due to technological innovation, financial liberalization with entry of new private and foreign banks, and regulatory changes in the corporate sector. Indian banking industry is gradually moving towards adopting the best practices in accounting, internationally accepted prudential norms, with higher disclosures and transparency, corporate governance and risk management, interest rates have been deregulated, while the rigour of directed lending is being progressively reduced. In our country, currently we are having a fairly well developed banking system with different classes of banks – public sector banks, foreign banks, private sector banks – both old and new generation, regional rural banks and co-operative banks with the Reserve Bank of India as the leader of the system. In the banking field, there has been an unprecedented growth and diversification of banking industry and our banks are now utilizing the latest technologies like internet and mobile devices to carry out transactions and communicate with the masses.
This PPT describes about function of banks. There are two types of functions:- primary functions and secondary functions. Primary function of a bank are also known as banking functions. They are the main functions of a bank. Primary function is further divided into two parts:-accepting deposits and lending loans. Secondary function of a bank performs a number of secondary functions, also called as non-banking functions. Secondary function includes:-Merchant Banking, Leasing, Mutual funds, Venture Capital (VC), ATM, Telebanking, Credit cards,Locker Service, Underwriting, BCSBI. For more information please go through the slide:-
Origin, history and types of banking systemTalha Ali
Banks have been around since the first currency was formed
In the early days of ancient empires, temples were considered to be the safest place to keep valuable commodities.
Banking history types services Revolution by bhushankBhushan Kasture
All the slides are talking about the history, revolution of banking, types of banks and services provided by them with general knowledge about finance. "Share The Knowledge"
This presentation have the detailed analysis of the Indian banking sector, how it has evolved and reformes that have come gradually.It also has a classic case of merger of ICICI bank with BOM.
Phases of Nationalization Process in India, Objectives of Bank Nationalization, Achievements of Nationalized Banks, Problems and Constraints of Public Sector banks, Note on Non Performing Assets
Introduction to Banking, Evolution of Banking, History of Banking system, Route map from traditional banking to Modern banking, Modern Banking system and its evolution, Growth of Indian Banking System
This PPT describes about function of banks. There are two types of functions:- primary functions and secondary functions. Primary function of a bank are also known as banking functions. They are the main functions of a bank. Primary function is further divided into two parts:-accepting deposits and lending loans. Secondary function of a bank performs a number of secondary functions, also called as non-banking functions. Secondary function includes:-Merchant Banking, Leasing, Mutual funds, Venture Capital (VC), ATM, Telebanking, Credit cards,Locker Service, Underwriting, BCSBI. For more information please go through the slide:-
Origin, history and types of banking systemTalha Ali
Banks have been around since the first currency was formed
In the early days of ancient empires, temples were considered to be the safest place to keep valuable commodities.
Banking history types services Revolution by bhushankBhushan Kasture
All the slides are talking about the history, revolution of banking, types of banks and services provided by them with general knowledge about finance. "Share The Knowledge"
This presentation have the detailed analysis of the Indian banking sector, how it has evolved and reformes that have come gradually.It also has a classic case of merger of ICICI bank with BOM.
Phases of Nationalization Process in India, Objectives of Bank Nationalization, Achievements of Nationalized Banks, Problems and Constraints of Public Sector banks, Note on Non Performing Assets
Introduction to Banking, Evolution of Banking, History of Banking system, Route map from traditional banking to Modern banking, Modern Banking system and its evolution, Growth of Indian Banking System
In this file, you can ref cover letter materials for production such as cover letter samples, cover letter tips, resume samples, types of interview questions, production situational interview, production behavioral interview…
Similar to Digitalisation ,special types of banking customer, priority sector lending, bankimg ombudsman, basel three accord, narasimham committee, non performing asset, financial market integration
The Financial services sector in India is blooming and has become one of the lucrative areas to professionalism. The sector has undergone metamorphosis since 1990. Indian economy got liberalized during 1991 and the financial sector was kept open for private and foreign players. During the late eighties, the financial services industry in India was dominated by commercial banks and other financial institutions governed by the Central Government. The economic liberalization has brought in a complete transformation in the Indian financial services industry. Prior to the economic liberalization, the Indian financial service sector was characterized by various other factors, which was related to the growth of this sectorThe term Financial services in its broader sense refers to ― mobilizing and allocation of savings‘‘. It is identified as all those activities involved in the process of converting savings into investment. Financial services also include FINANCIAL INTERMEDIARIES such as Merchant Bankers, Venture capitalists, Commercial banks, Insurance Companies etc.
Unit 3 (1).pptx financial services , custodian serviceBeastMahi1
Financial services
Similar to Digitalisation ,special types of banking customer, priority sector lending, bankimg ombudsman, basel three accord, narasimham committee, non performing asset, financial market integration (20)
what is the best method to sell pi coins in 2024DOT TECH
The best way to sell your pi coins safely is trading with an exchange..but since pi is not launched in any exchange, and second option is through a VERIFIED pi merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and pioneers and resell them to Investors looking forward to hold massive amounts before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade pi coins with.
@Pi_vendor_247
how can I sell pi coins after successfully completing KYCDOT TECH
Pi coins is not launched yet in any exchange 💱 this means it's not swappable, the current pi displaying on coin market cap is the iou version of pi. And you can learn all about that on my previous post.
RIGHT NOW THE ONLY WAY you can sell pi coins is through verified pi merchants. A pi merchant is someone who buys pi coins and resell them to exchanges and crypto whales. Looking forward to hold massive quantities of pi coins before the mainnet launch.
This is because pi network is not doing any pre-sale or ico offerings, the only way to get my coins is from buying from miners. So a merchant facilitates the transactions between the miners and these exchanges holding pi.
I and my friends has sold more than 6000 pi coins successfully with this method. I will be happy to share the contact of my personal pi merchant. The one i trade with, if you have your own merchant you can trade with them. For those who are new.
Message: @Pi_vendor_247 on telegram.
I wouldn't advise you selling all percentage of the pi coins. Leave at least a before so its a win win during open mainnet. Have a nice day pioneers ♥️
#kyc #mainnet #picoins #pi #sellpi #piwallet
#pinetwork
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
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.
Seminar: Gender Board Diversity through Ownership NetworksGRAPE
Seminar on gender diversity spillovers through ownership networks at FAME|GRAPE. Presenting novel research. Studies in economics and management using econometrics methods.
how can i use my minded pi coins I need some funds.DOT TECH
If you are interested in selling your pi coins, i have a verified pi merchant, who buys pi coins and resell them to exchanges looking forward to hold till mainnet launch.
Because the core team has announced that pi network will not be doing any pre-sale. The only way exchanges like huobi, bitmart and hotbit can get pi is by buying from miners.
Now a merchant stands in between these exchanges and the miners. As a link to make transactions smooth. Because right now in the enclosed mainnet you can't sell pi coins your self. You need the help of a merchant,
i will leave the telegram contact of my personal pi merchant below. 👇 I and my friends has traded more than 3000pi coins with him successfully.
@Pi_vendor_247
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
What website can I sell pi coins securely.DOT TECH
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the telegram contact of my personal pi merchant to trade with.
Tele-gram.
@Pi_vendor_247
US Economic Outlook - Being Decided - M Capital Group August 2021.pdfpchutichetpong
The U.S. economy is continuing its impressive recovery from the COVID-19 pandemic and not slowing down despite re-occurring bumps. The U.S. savings rate reached its highest ever recorded level at 34% in April 2020 and Americans seem ready to spend. The sectors that had been hurt the most by the pandemic specifically reduced consumer spending, like retail, leisure, hospitality, and travel, are now experiencing massive growth in revenue and job openings.
Could this growth lead to a “Roaring Twenties”? As quickly as the U.S. economy contracted, experiencing a 9.1% drop in economic output relative to the business cycle in Q2 2020, the largest in recorded history, it has rebounded beyond expectations. This surprising growth seems to be fueled by the U.S. government’s aggressive fiscal and monetary policies, and an increase in consumer spending as mobility restrictions are lifted. Unemployment rates between June 2020 and June 2021 decreased by 5.2%, while the demand for labor is increasing, coupled with increasing wages to incentivize Americans to rejoin the labor force. Schools and businesses are expected to fully reopen soon. In parallel, vaccination rates across the country and the world continue to rise, with full vaccination rates of 50% and 14.8% respectively.
However, it is not completely smooth sailing from here. According to M Capital Group, the main risks that threaten the continued growth of the U.S. economy are inflation, unsettled trade relations, and another wave of Covid-19 mutations that could shut down the world again. Have we learned from the past year of COVID-19 and adapted our economy accordingly?
“In order for the U.S. economy to continue growing, whether there is another wave or not, the U.S. needs to focus on diversifying supply chains, supporting business investment, and maintaining consumer spending,” says Grace Feeley, a research analyst at M Capital Group.
While the economic indicators are positive, the risks are coming closer to manifesting and threatening such growth. The new variants spreading throughout the world, Delta, Lambda, and Gamma, are vaccine-resistant and muddy the predictions made about the economy and health of the country. These variants bring back the feeling of uncertainty that has wreaked havoc not only on the stock market but the mindset of people around the world. MCG provides unique insight on how to mitigate these risks to possibly ensure a bright economic future.
how to sell pi coins in all Africa Countries.DOT TECH
Yes. You can sell your pi network for other cryptocurrencies like Bitcoin, usdt , Ethereum and other currencies And this is done easily with the help from a pi merchant.
What is a pi merchant ?
Since pi is not launched yet in any exchange. The only way you can sell right now is through merchants.
A verified Pi merchant is someone who buys pi network coins from miners and resell them to investors looking forward to hold massive quantities of pi coins before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade with.
@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.
The European Unemployment Puzzle: implications from population aging
Digitalisation ,special types of banking customer, priority sector lending, bankimg ombudsman, basel three accord, narasimham committee, non performing asset, financial market integration
1. Financial Market Integration
Financial matters include all functions
which involve financial matters.
Integration means all acts or activities
combining into one important unit. So
according to this Financial Integration
means it is a process in which
financial markets of neighbouring,
regional or global economies are
closely linked together.
2. Various forms of actual
financial integration
Sharing of best practices
among financial institutions
Information sharing among different
financial institutions
Sharing of
best technologies among financial
institutions
Firms borrow and raise funds directly in
the international capital markets
Investors directly invest in the
international capital markets
3. Benefits of Financial
Integration
Efficient capital allocation,
Better governance, higher investment
and growth and share risk.
It can also help predict consumption
volatility.
It can also provide great benefits for
international risk-sharing.
4. Non Performing Assets
A Non-performing asset is defined
as a credit facility in respect of which
the interest and/or instalment of Bond
finance principal has remained ‘past
due’ for a specified period of time.
5. Non-performing assets further
into the following three
categories
Sub-standard assets: a sub standard
asset is one which has been classified
as NPA for a period not exceeding 12
months.
Doubtful Assets: a doubtful asset is one
which has remained NPA for a period
exceeding 12 months.
Loss assets: where loss has been
identified by the bank, internal or
external auditor or central bank
inspectors. But the amount has not been
6. The Problems caused by NPAs
Bank shareholders are adversely
affected.
Depositors do not get rightful returns
and many times may lose unsure
deposits.
Banks may begin charging higher
interest rates on some products to
compensate Non-performing
loan losses.
Bad loans imply redirecting of funds
7. Narasimham Committee
Reform
Narasimham committee was formed by two
experts committee under the chairmanship of
Narasimham. They submitted their
recommendations in the 1990s in reports widely
known as the Narasimham Committee-I (1991)
report. From the 1991 India economic crisis to its
position of third largest economy in the world by
2011, India has grown significantly in terms of
economic development. So has its banking.
During this period, to evolve needs of the sector,
the Finance Ministry of Government of India set
up various committees with the task of analysing
India's banking sector and recommending
legislation and regulations to make it more
effective, competitive and efficient.
8. The 1998 report of the Committee to the GOI
made the following major recommendations:
Autonomy in Banking
Reform in the role of RBI
Non-performing assets
Stronger banking system
Capital adequacy and tightening of
provisioning norms
Entry of foreign banks
9. Basel Three Accord
Basel III Accord is a global, voluntary
regulatory framework on bank capital
sufficiency, stress testing, and market risk.
The basic meaning of accord is agreement so
it was agreed by the members of the Basel
Committee on Banking Supervision in 2010–
11, and was scheduled to be introduced from
2013 until 2015. The third instalment of
the Basel Accords was developed to give
response to the lacking in financial
regulation disclose by the financial crisis of
2007–2008. Basel III is introduced to
strengthen bank capital requirements by
increasing bank liquidity and decreasing
banking purchase.
10. Key principles
Capital requirements
The original Basel III rule from 2010 required banks to hold 4.5%
of common equity and in Basel it was 2.5%, of risk-weighted assets.
Therefore since 2015, a minimum Common Equity ratio of 4.5% must be
maintained by the all banks.
Leverage ratio
Basel III introduced a minimum "leverage ratio". This is a non-risk-based
leverage ratio and is calculated by dividing Tier 1 capital by the bank's
average total consolidated assets ,sum of the exposures of all assets and
non-balance sheet items.
Liquidity requirements
The "Liquidity Coverage Ratio" was supposed to require a bank to hold
sufficient high-quality liquid assets to cover its total net cash outflows over
30 days.
The Net Stable Funding Ratio was to require the available amount of
11. Banking Ombudsman Scheme
Banking Ombudsman is a quasi judicial
authority functioning under India’s Banking
Ombudsman Scheme 2006, and the authority
was created pursuant to a decision made by
the Government of India to enable resolution
of complaints of customers of banks relating
to certain services rendered by the banks.
The Banking Ombudsman Scheme was first
introduced in India in 1995, and was revised
in 2002. The current scheme became
operative from 1 January 2006, and replaced
and superseded the banking Ombudsman
Scheme 2002. From 2002 until 2006, around
36,000 complaints have been dealt by the
Banking Ombudsmen.
12. Type of complaints resolved by
banking ombudsman
Non-payment or inordinate delay in the payment
or collection of cheques, drafts, bills, etc.
Non-acceptance, without sufficient cause,
of coins tendered and for charging of commission
for this service.
Non-payment or delay in payment of inward
remittances .
Failure to issue or delay in issue, of drafts, pay
orders or bankers’ cheques.
Non-adherence to prescribed working hours.
Failure to honour guarantee or letter of credit
commitments.
13. Priority Sector Lending
Priority Sector refers to those sectors of the
economy which may not get timely and adequate
credit in the absence of this special dispensation.
Typically, these are small value loans to farmers
for agriculture and allied activities, micro and
small enterprises, poor people for housing,
students for education and other low income
groups and weaker sections.
Priority Sector Lending is an important role given
by the Reserve Bank of India to the banks for
providing a specified portion of the bank lending
to few specific sectors like agriculture and allied
activities, micro and small enterprises, poor
people for housing, students for education and
other low income groups and weaker sections.
14. CATEGORIES OF PRIORITY
SECTOR
The broad categories of priority sector
for all scheduled commercial banks
and Priority Sector includes the
following categories:
(i)Agriculture
(ii)Micro and Small Enterprises
(iii)Education
(iv)Housing
(v)Export Credit
(vi) Others and some of the categories
15. Special Type of Bank
Customers
Opening of an account binds the banker and
customer into a contractual relationship.
Every person who is competent to contract
can open an account with a bank. The
capacity of certain classes of person, to make
valid agreement is subject to certain legal
restrictions, as is the case with minors,
lunatics, drunkards, married women,
undercharged insolvents, trustees, executors,
administrators etc. Extra care is also needed
for the banker while he deals with customers
like public authorities, societies, joint stock
companies, partnership firms etc.
16. Here are some types of
customers
Here are some types of customer are-:
Minors
Lunatics
Illiterate persons
Married women :
Executors and administrators
Trustees
Partnership firm
Joint stock companies
17. Banks – One Stop Financial Service
Solution
Banking covers certain types of
areas-:
Asset Management
Investment Banking
Wealth Management
Data Warehousing
ExchangeBrokerage
18. Types of Management
Asset Management
Online portfolio valuation
Performance management system
Workflow management
Investment Banking
Internet banking
Financial portal
Wealth management
Processing system
Decision support system
Aggregation portals
19. Contd.
Exchange
Order management system
Document management system
Transaction processing and reporting system
Message format interface
Brokerage
E brokerage service
Online interface to banks
OATS implementation
20. Digitalisation of Banks
Digitization is the process of
converting information into
a digital format . In this format,
information is organized into discrete
units of data (called bit s) that can be
separately addressed (usually in
multiple-bit groups called byte s). This
is the binary data that computers and
many devices with computing capacity
(such as digital camera s and digital
hearing aid s) can process.
21. Immersed in digital
Digital communication is pervasive; from mobile phones to
tablet computers, we are immersed in digital. Recent
development of new digital features has led to-:
Improvements in user-experience design through interactive,
game-like interfaces that are starting to merge the boundaries
between the real and the virtual and bringing data to life
through rich visualisations.
Advances in mobile devices and networks, providing new
services such as enhanced digital security and the ability to
access the Internet from anywhere (partially limited by high
international roaming charges).
The rise of social media and collaboration tools, empowering
customers and employees, and moving control of the ‘brand
message’ from businesses to consumers.
New channel integration technologies, enabling a more
seamless end-to-end experience for customers with their