Agent banking is one of the most popular financial services in the world where there are difficulties in accessing geographical locations easily. And that is why agent banking is very successful in Latin America & Africa. Other developed like United Kingdom, Australia etc. countries are also gradually deploying agent banking because it reduces the cost of operating of the bank. Most of the services of a bank can be provided through agents, thus people of remotest area of a country can be brought under proper financial structure by the virtue of agent banking. According to the agent banking guideline the software of any individual agent will be connected to the core software of the bank, so transactions that will take place in agent premises will be shown in the banking system real-time and those transactional statements can be used anywhere and everywhere for different purposes of the client.
Internship report on agent banking and its prospects in bangladesh a study on...Comilla University
Internship report on agent banking and its prospects in Bangladesh a study on Bank Asia Ltd. Prepared By Md. Riad Shahriar Riaz_Dept. Of Marketing_Comilla University.
Agent banking is one of the most popular financial services in the world where there are difficulties in accessing geographical locations easily. And that is why agent banking is very successful in Latin America & Africa. Other developed like United Kingdom, Australia etc. countries are also gradually deploying agent banking because it reduces the cost of operating of the bank. Most of the services of a bank can be provided through agents, thus people of remotest area of a country can be brought under proper financial structure by the virtue of agent banking. According to the agent banking guideline the software of any individual agent will be connected to the core software of the bank, so transactions that will take place in agent premises will be shown in the banking system real-time and those transactional statements can be used anywhere and everywhere for different purposes of the client.
Internship report on agent banking and its prospects in bangladesh a study on...Comilla University
Internship report on agent banking and its prospects in Bangladesh a study on Bank Asia Ltd. Prepared By Md. Riad Shahriar Riaz_Dept. Of Marketing_Comilla University.
RBI
Aadhaar-based Authentication for Card Present Transactions
SEBI
Spread Margin Benefit
MCA
Revision of E-forms
OTHERS
Government of India takes policy decisions to encourage cashless/electronic transactions
Any Payment above Rs.5,000 to Suppliers, contractors, grantee/loanee institutions etc by Government Departments to be now made through e-Payment to attain the goal of complete digitization of Government payments
Company website- www.acquisory.com
Role of New Payment banks and Small banks - Part - 6Resurgent India
RBI as a part of its push for financial inclusion, recently granted ‘in-principle’ licenses for 11 payment banks and 10 small finance banks. Apart from this, the two new universal banks- Bandhan Bank Ltd and IDFC Bank Ltd which were awarded banking licenses by the RBI recently have already begun commercial operations.
Bank Mitra is the instrument or people who would be and is taking care of the scheme mentioned above, under the act of Pradhan Mantri Jan Dhan Yojana. You can also term them as a Business Correspondent Agent of PMJDY.
Payments Banks Relying On Scale To Attract CustomerseTailing India
The bank will start operations with over 1.5 lakh touch points, an in-inbuilt United Payment Interface (UPI) solution and will look at distributing loans of other financial institutions
“It is clearly a scale game unlike traditional banking. In traditional banking you can put up one branch and still do well. Here, it is scale since technology platform is the same which has to accommodate many transactions. So more the transactions you accommodate, more benefit you can give to the customers,” said Sudhakar Ramasubramanian, chief executive officer (designate), Aditya Birla Idea Payments Bank.
Services Marketing has different service sectors. And Banking is one of them. This is a presentation which includes all the necessary information about a banking service and the extended marketing mix, i.e. 7 P's.
This ppt you could find RBI's move for setting-up payment banks-India Post which received a license will be a big competitor for other banks,SBI-RIL tie-up for payment bank,RBI's next move on small-finance banks,,creation of around 25,000jobs in Indian economy due to new banks
Climate change is already a measurable reality and along with other developing countries, South Africa is especially vulnerable to its impacts. This White Paper presents the South African Government’s vision for an effective climate change response and the long-term, just transition to a climate-resilient and lower-carbon economy and society. South Africa’s response to climate change has two objectives: • Effectively manage inevitable climate change impacts through interventions that build and sustain South Africa’s social, economic and environmental resilience and emergency response capacity. • Make a fair contribution to the global effort to stabilise greenhouse gas (GHG) concentrations in the atmosphere at a level that avoids dangerous anthropogenic interference with the climate system within a timeframe that enables economic, social and environmental development to proceed in a sustainable manner. This response is guided by principles set out in the Constitution, the Bill of Rights, the National Environmental Management Act, the Millennium Declaration and the United Nations Framework Convention on Climate Change. These principles are detailed in section 3. The overall strategic approach for South Africa’s climate change response is needs driven and customised; developmental; transformational, empowering and participatory; dynamic and evidence-based; balanced and cost effective; and integrated and aligned. In terms of strategic priorities, the White Paper sets out South Africa’s climate change response strategy to achieve the National Climate Change Response Objective in a manner consistent with the outlined principles and approach and which is structured around the following strategic priorities: risk reduction and management; mitigation actions with significant outcomes; sectoral responses; policy and regulatory alignment; informed decision making and planning; integrated planning; technology research, development and innovation; facilitated behaviour change; behaviour change through choice; and resource mobilisation. See section 4 for details of the elements of the response policy. In terms of adaptation, the National Climate Change Response includes a risk-based process to identify and prioritise short- and medium-term adaptation interventions to be addressed in sector plans. The process will also identify the adaptation responses that require coordination between sectors and departments and it will be reviewed every five years. For the immediate future, sectors that need particular attention are water, agriculture and forestry, health, biodiversity and human settlements. Resilience to climate variability and climate change-related extreme weather events will be the basis for South Africa’s future approach to disaster management and we will use region-wide approaches where appropriate.
RBI
Aadhaar-based Authentication for Card Present Transactions
SEBI
Spread Margin Benefit
MCA
Revision of E-forms
OTHERS
Government of India takes policy decisions to encourage cashless/electronic transactions
Any Payment above Rs.5,000 to Suppliers, contractors, grantee/loanee institutions etc by Government Departments to be now made through e-Payment to attain the goal of complete digitization of Government payments
Company website- www.acquisory.com
Role of New Payment banks and Small banks - Part - 6Resurgent India
RBI as a part of its push for financial inclusion, recently granted ‘in-principle’ licenses for 11 payment banks and 10 small finance banks. Apart from this, the two new universal banks- Bandhan Bank Ltd and IDFC Bank Ltd which were awarded banking licenses by the RBI recently have already begun commercial operations.
Bank Mitra is the instrument or people who would be and is taking care of the scheme mentioned above, under the act of Pradhan Mantri Jan Dhan Yojana. You can also term them as a Business Correspondent Agent of PMJDY.
Payments Banks Relying On Scale To Attract CustomerseTailing India
The bank will start operations with over 1.5 lakh touch points, an in-inbuilt United Payment Interface (UPI) solution and will look at distributing loans of other financial institutions
“It is clearly a scale game unlike traditional banking. In traditional banking you can put up one branch and still do well. Here, it is scale since technology platform is the same which has to accommodate many transactions. So more the transactions you accommodate, more benefit you can give to the customers,” said Sudhakar Ramasubramanian, chief executive officer (designate), Aditya Birla Idea Payments Bank.
Services Marketing has different service sectors. And Banking is one of them. This is a presentation which includes all the necessary information about a banking service and the extended marketing mix, i.e. 7 P's.
This ppt you could find RBI's move for setting-up payment banks-India Post which received a license will be a big competitor for other banks,SBI-RIL tie-up for payment bank,RBI's next move on small-finance banks,,creation of around 25,000jobs in Indian economy due to new banks
Climate change is already a measurable reality and along with other developing countries, South Africa is especially vulnerable to its impacts. This White Paper presents the South African Government’s vision for an effective climate change response and the long-term, just transition to a climate-resilient and lower-carbon economy and society. South Africa’s response to climate change has two objectives: • Effectively manage inevitable climate change impacts through interventions that build and sustain South Africa’s social, economic and environmental resilience and emergency response capacity. • Make a fair contribution to the global effort to stabilise greenhouse gas (GHG) concentrations in the atmosphere at a level that avoids dangerous anthropogenic interference with the climate system within a timeframe that enables economic, social and environmental development to proceed in a sustainable manner. This response is guided by principles set out in the Constitution, the Bill of Rights, the National Environmental Management Act, the Millennium Declaration and the United Nations Framework Convention on Climate Change. These principles are detailed in section 3. The overall strategic approach for South Africa’s climate change response is needs driven and customised; developmental; transformational, empowering and participatory; dynamic and evidence-based; balanced and cost effective; and integrated and aligned. In terms of strategic priorities, the White Paper sets out South Africa’s climate change response strategy to achieve the National Climate Change Response Objective in a manner consistent with the outlined principles and approach and which is structured around the following strategic priorities: risk reduction and management; mitigation actions with significant outcomes; sectoral responses; policy and regulatory alignment; informed decision making and planning; integrated planning; technology research, development and innovation; facilitated behaviour change; behaviour change through choice; and resource mobilisation. See section 4 for details of the elements of the response policy. In terms of adaptation, the National Climate Change Response includes a risk-based process to identify and prioritise short- and medium-term adaptation interventions to be addressed in sector plans. The process will also identify the adaptation responses that require coordination between sectors and departments and it will be reviewed every five years. For the immediate future, sectors that need particular attention are water, agriculture and forestry, health, biodiversity and human settlements. Resilience to climate variability and climate change-related extreme weather events will be the basis for South Africa’s future approach to disaster management and we will use region-wide approaches where appropriate.
Regulatory Reform Post Global Financial Crisis overview paperDr Lendy Spires
Introduction The Global Financial Crisis (GFC) was the greatest shock to the world financial system since the Great Depression eight decades earlier, and although it created problems globally, the main effects were felt in the financial markets of the USA and Europe. It has resulted in a plethora of studies examining its causes, and while there is general agreement on a list of contributing factors, there is less agreement on which of these were most important and the consequent implications for desirable or needed regulatory changes. The global nature of the crisis has seen an attempt at harmonized global regulatory responses overseen by the G20 and prompting some changes to the structure and responsibilities of international agencies to achieve that outcome. There is a wide and sweeping range of regulatory responses in progress or under consideration, making the task of assessing the likely consequences and merits of individual measures that much more difficult. There are also questions as to whether (given differences of opinion on underlying problems) all proposed regulatory changes are well-founded, and whether regulatory changes across the broader financial sector will prove to be mutually consistent. Also open to question is the suitability of regulatory changes emanating out of problems in advanced Northern Hemisphere financial sectors to emerging market (and other) financial sectors where the same scale of problems did not occur. In some ways, that is paradoxical. The regulatory responses being driven internationally, and applied individually, by nations with highly developed financial systems involve a movement away from minimalist regulation and reliance on “light touch supervision” and market discipline, towards a more interventionist approach which many emerging markets tended to favor. Examples can be seen in a willingness to consider capital controls as part of macro-prudential policy and new requirements for minimum holdings of liquid assets by banks.
Enhancing Women’s Access to Markets: An Overview of Donor Programs and Best ...Dr Lendy Spires
“It is necessary to take a multi-dimensional perspective on poverty reduction. This includes ‘bottom-up growth strategies’ to encourage the broad-based rise of entrepreneurial initiatives” (UNIDO 2003:9). Women are a significant economic entrepreneurial force whose contributions to local, national and global economies are far reaching.
Women produce and consume, manage businesses and households, earn income, hire labor, borrow and save, and provide a range of services for businesses and workers. Women also produce more than 80 percent of the food consumed in Sub-Saharan Africa, 50-60 percent of all staples in Asia, and generate 30 percent of all food consumed in Latin America (see Annex 2, Box 8).
Women represent an increasing proportion of the world’s waged labor force and their activity rates are rising. In Africa, Asia, and Latin America, they are over one third of the officially enumerated workforce (WISTAT 2000). Women-run businesses can be found in emerging sectors such as the production and marketing of consumer goods, commercial banking, financial services, insurance, information services, communications, and transport.
As owners of SMEs, women furnish local, national and multinational companies with ideas, technology, supplies, components, and business services (Jalbert 2000). These activities are likely to prove fundamental as developing economies transition from primarily agricultural to industrial production and become more urbanized. Furthermore, as economies liberalize and open their borders, women-owned and operated SMEs are engaging in international trade—enhancing the prominence and visibility of women entrepreneurs globally.
Understanding how women access markets as producers and wage laborers is likely to prove critical for fostering pro-poor and inclusive economic growth. Analyzing where women are in the global supply chain and documenting the resources they use and transform will provide information about how to strengthen local economies and maximize forward and backward linkages.
Finally, reducing barriers to market access and enhancing women’s productivity will necessarily benefit both economies and households. Entrepreneurship and investment influence the rate and pattern of growth, the types of forward and backward linkages that develop in an economy, the labor demanded, and the human capital investment required to meet these labor demands (Ravallion 2004; Ranis, Stewart, and Ramírez 2000). Rapid growth can contribute to poverty reduction where that growth is broad-based and inclusive (OECD 2004).
UNDP: ADVANCING DEVELOPMENT THROUGH AN INTEGRATED GENDER PERSPECTIVE Dr Lendy Spires
The Africa Adaptation Programme (AAP) is pleased to present the first edition of its Discussion Paper Series. Each paper in this series will focus on one issue related to climate change adaptation and sustainable development.
These papers are intended to stimulate intellectual discussions as well as share early lessons learned from the design and initial implementation stages of the AAP with adaptation and development practitioners. This first paper in the Discussion Paper Series focuses on the links between gender and climate change adaptation. The AAP has made gender equality an important goal in each of its 20 participating countries. To promote equitable and gender-sensitive adaptation to climate change, the AAP is actively supporting countries to increase their capacities to integrate gender perspectives into both the design and implementation of climate change strategies and national development plans.
This is in line with Millennium Development Goal 3 – promoting gender equality and the empowerment of women. The AAP is a strategic climate change adaptation initiative designed to help create more informed adaptation decision-making and more e ective implementation of those decisions in the 20 participating African countries. The AAP supports the long-term e orts of targeted countries to further develop their capacity to successfully identify, design and implement holistic climate change adaptation and disaster risk reduction programmes.
It was established under the Japan-UNDP Joint Framework for Building Partnership to Address Climate Change in Africa, which was established at the Fourth Tokyo International Conference on Africa Development (TICAD IV) organized in Yokohama, Japan (May 2008). The AAP was launched in 2008 by UNDP in partnership with UNIDO, UNICEF and WFP, with funding of US$92 million from the Government of Japan. This discussion paper consists of three sections. The first section, ‘Key Challenges for Reducing Gender-Based Vulnerability’, provides a background on the relationship between climate change and gender, and presents three key factors contributing to the disproportionate effects of climate change upon women.
The second section on ‘Gender-Sensitive Approaches in the AAP’ outlines some of the methods the AAP is using to main-stream gender into climate change adaptation planning and decision-making to ensure equal participation and benefits.
A Study on State Bank of India’s Doorstep Banking Serviceijtsrd
The government has imposed strict movement regulations amid the COVID 19 lockdown in the country. All bank account holders fail to withdraw their money and meet the banks directly. It has become tough to lead their life with minimum needs because of shortage of money, especially to senior citizens. In this context, the top banking institutions such as State Bank of India SBI , HDFC Bank, ICICI, AND Axis Bank will now give essential services to their bank account holders. They will provide Doorstep Banking facilities which includes cash delivery, cash withdrawals, cheque deposits, etc. As of now, the State Bank of India is a bigger arranger responsible for external commercial borrowings in the country and it’s one of the biggest providers of infrastructure debt. So SBI is performing a major role in providing reliable doorstep banking services to the customers. Ms Priyanka B Kadur | Dr. Supriya. R "A Study on State Bank of India’s Doorstep Banking Service" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-5 | Issue-1 , December 2020, URL: https://www.ijtsrd.com/papers/ijtsrd38223.pdf Paper URL : https://www.ijtsrd.com/humanities-and-the-arts/tourism/38223/a-study-on-state-bank-of-india’s-doorstep-banking-service/ms-priyanka-b-kadur
CSP Bank Mitra BC-Your trusted partner for All Bank CSPCSP Bank Mitra BC
www.cspbankmitrabc.net.in - Do you want to process your All Bank CSP application quickly and successfully? Do you like to work as a Bank Mitra for the leading nationalized banks in India? Then, contact CSP Bank Mitra BC, as we are the only service providers to have a strong relationship with all foremost banks in India. Thus, we can process your All Bank CSP application efficiently and swiftly.
WHAT IS A BANK, CLASSIFY AND DISCUSS BANKS.
Bank: a bank is a financial institution that accepts deposits from the public and creates credit. Lending activities can be performed either directly or indirectly through capital markets.
Up the Ratios Bylaws - a Comprehensive Process of Our Organizationuptheratios
Up the Ratios is a non-profit organization dedicated to bridging the gap in STEM education for underprivileged students by providing free, high-quality learning opportunities in robotics and other STEM fields. Our mission is to empower the next generation of innovators, thinkers, and problem-solvers by offering a range of educational programs that foster curiosity, creativity, and critical thinking.
At Up the Ratios, we believe that every student, regardless of their socio-economic background, should have access to the tools and knowledge needed to succeed in today's technology-driven world. To achieve this, we host a variety of free classes, workshops, summer camps, and live lectures tailored to students from underserved communities. Our programs are designed to be engaging and hands-on, allowing students to explore the exciting world of robotics and STEM through practical, real-world applications.
Our free classes cover fundamental concepts in robotics, coding, and engineering, providing students with a strong foundation in these critical areas. Through our interactive workshops, students can dive deeper into specific topics, working on projects that challenge them to apply what they've learned and think creatively. Our summer camps offer an immersive experience where students can collaborate on larger projects, develop their teamwork skills, and gain confidence in their abilities.
In addition to our local programs, Up the Ratios is committed to making a global impact. We take donations of new and gently used robotics parts, which we then distribute to students and educational institutions in other countries. These donations help ensure that young learners worldwide have the resources they need to explore and excel in STEM fields. By supporting education in this way, we aim to nurture a global community of future leaders and innovators.
Our live lectures feature guest speakers from various STEM disciplines, including engineers, scientists, and industry professionals who share their knowledge and experiences with our students. These lectures provide valuable insights into potential career paths and inspire students to pursue their passions in STEM.
Up the Ratios relies on the generosity of donors and volunteers to continue our work. Contributions of time, expertise, and financial support are crucial to sustaining our programs and expanding our reach. Whether you're an individual passionate about education, a professional in the STEM field, or a company looking to give back to the community, there are many ways to get involved and make a difference.
We are proud of the positive impact we've had on the lives of countless students, many of whom have gone on to pursue higher education and careers in STEM. By providing these young minds with the tools and opportunities they need to succeed, we are not only changing their futures but also contributing to the advancement of technology and innovation on a broader scale.
What is the point of small housing associations.pptxPaul Smith
Given the small scale of housing associations and their relative high cost per home what is the point of them and how do we justify their continued existance
Jennifer Schaus and Associates hosts a complimentary webinar series on The FAR in 2024. Join the webinars on Wednesdays and Fridays at noon, eastern.
Recordings are on YouTube and the company website.
https://www.youtube.com/@jenniferschaus/videos
Many ways to support street children.pptxSERUDS INDIA
By raising awareness, providing support, advocating for change, and offering assistance to children in need, individuals can play a crucial role in improving the lives of street children and helping them realize their full potential
Donate Us
https://serudsindia.org/how-individuals-can-support-street-children-in-india/
#donatefororphan, #donateforhomelesschildren, #childeducation, #ngochildeducation, #donateforeducation, #donationforchildeducation, #sponsorforpoorchild, #sponsororphanage #sponsororphanchild, #donation, #education, #charity, #educationforchild, #seruds, #kurnool, #joyhome
Jennifer Schaus and Associates hosts a complimentary webinar series on The FAR in 2024. Join the webinars on Wednesdays and Fridays at noon, eastern.
Recordings are on YouTube and the company website.
https://www.youtube.com/@jenniferschaus/videos
Understanding the Challenges of Street ChildrenSERUDS INDIA
By raising awareness, providing support, advocating for change, and offering assistance to children in need, individuals can play a crucial role in improving the lives of street children and helping them realize their full potential
Donate Us
https://serudsindia.org/how-individuals-can-support-street-children-in-india/
#donatefororphan, #donateforhomelesschildren, #childeducation, #ngochildeducation, #donateforeducation, #donationforchildeducation, #sponsorforpoorchild, #sponsororphanage #sponsororphanchild, #donation, #education, #charity, #educationforchild, #seruds, #kurnool, #joyhome
1. INDIAN OVERSEAS BANK
FINANCIAL INCLUSION CELL
CENTRAL OFFICE, CHENNAI
FINANCIAL INCLUSION
What is Financial Inclusion
The Committee on Financial Inclusion headed by Dr. Rangarajan has defined
Financial Inclusion as "the process of ensuring access to financial services and
timely & adequate credit where needed by vulnerable groups such as
weaker sections and low income groups at an affordable cost”.
The Committee suggested several measures to accelerate the pace of
financial inclusion. The various financial services include access to savings,
loan, insurance, payments and remittance facilities to the entire population
without discrimination of any type.
Steps to ensure Financial Inclusion
™ Opening No-frills SB accounts
™ Issuing General Purpose Credit Cards
™ Granting Overdraft facilities in SB accounts
™ Providing banking services at the door step of villagers through Smart
Cards.
Providing Banking outlet in un-banked villages
Reserve Bank of India advised banks to provide banking outlet in villages
having population over 2000 identified and allotted to various Banks before
March 2012.
Our Bank decided to extend banking services to these allotted villages
through Smart Card Banking with the use of Business Correspondents (BC).
Smart Card Banking (SCB)
SCB enables the account holders to operate their accounts at their own
place without visiting the branches. Customers will be given Bio-metric smart
cards which are swiped through Hand Held Devices (POS machines) with the
assistance of a Business Correspondent who receives or gives cash under a
prior arrangement with the Bank.
2. Adequate security features like identification by photo on the card,
authentication by finger impression, announcement of transaction in local
language and transaction slips are built in the system.
In addition to operations in No-frills a/c, other products like TOD, Recurring
Deposit, operations in KCC & GCC, repayment of loans and remittance will
be rolled out through smart card terminal.
Advantages of SCB:
™ Easy access to banking at the door step promotes savings.
™ As customers do not visit branch, branches with large number of SB
a/cs, pension a/cs, insurance a/cs can serve in a better way.
™ Branch Business grows with new customer base.
™ Recovery from the villages made easy.
™ Online transactions ensure hassle free accounting.
™ Payment under NREGA is facilitated.
™ Marketing our Bank products
Engagement of Business Correspondents (BC) / Business Facilitators (BF)
In line with the guidelines issued by RBI, our Bank evolved a Policy for
engaging financial intermediaries viz., BC and BF. Details are available in CO
circular No.ADV/401/ 2010-11 dated 12.04.2010 issued by PCD (Agri) in this
regard.
Branch should identify a suitable entity with due diligence recommend the
person to RO and RO will scrutinize the proposal and forward to Financial
Inclusion Cell, PCD, Central Office for approval. After receipt of approval
from CO, branches need to execute a Letter of Agreement (form will be
given by CO) with the proposed person for functioning as BC for the branch.
Who can be a Business Correspondent
1. Non Governmental Organisations / Micro Finance Institutions set up
under Societies / Trust Acts, Societies registered under Mutually Aided
Cooperative Societies Acts or the Cooperative Societies Acts, section
25 companies
2. Registered Non Banking Financial Companies not accepting public
deposits
3. Post-Offices
4. Retired Bank Employees, Retired Government Employees and Ex-servicemen
etc.
3. 5. Individual kirana / medical /fair price shop owners
6. Individual Public Call Office (PCO) operators
7. Agents of Small Savings schemes of Government of India/Insurance
Companies
8. Individuals who own Petrol Pumps
9. Retired teachers
10. Authorized functionaries of well run Self Help Groups (SHGs) linked to
banks.
11. Individuals including those operating Common Service Centres (CSCs)
How to engage BC
1. Individuals should be permanent residents of the area in which they
propose to operate.
2. Branch should conduct due diligence to assess their back ground,
social status, credit worthiness, ability to keep commitments etc.
3. After collecting required documents like application form, bio-data,
other credentials etc Branch should forward the proposal to RO
recommending engagement of BC.
4. After examination of the proposal RO shall recommend the same with
the concurrence of Region Head to Financial Inclusion Cell, Central
Office for approval.
5. On receipt of approval from CO, Branch can engage the person as
BC after execution of Letter of Agreement.
