The document summarizes recent news in the Indian banking sector. It discusses special deposit schemes introduced by 14 banks with higher interest rates. It mentions that the EPFO will pay a 9.5% rate for 2010-2011 after discovering hidden surpluses. It also notes that SBI is considering forming a holding company structure for its banks and subsidiaries. RBI may tighten key interest rates in an upcoming policy review. ICICI is fully integrating employees from an acquired bank. Another item discusses an initiative between Oxigen and SBI to expand banking access in rural areas. Finally, it mentions that food inflation has risen to 15% due to supply constraints from heavy rains in some regions.
INDIAN ECONOMY LOOKING FOR DIRECTION FOR INDIA TO SHINE AGAINNeha Sharma
The Indian economy is in the threshold of a big leap towards India shining once again, but the main stumbling block being a sense of confusion about government policies, scarcity of low cost adequate money for funding further investments and most importantly India Inc. awaiting for specific policy decisions and creative actions in the areas which has been adversely impacted due to lack of policy initiative.
INDIAN ECONOMY LOOKING FOR DIRECTION FOR INDIA TO SHINE AGAINNeha Sharma
The Indian economy is in the threshold of a big leap towards India shining once again, but the main stumbling block being a sense of confusion about government policies, scarcity of low cost adequate money for funding further investments and most importantly India Inc. awaiting for specific policy decisions and creative actions in the areas which has been adversely impacted due to lack of policy initiative.
Fundamental report of oriental bank of commerce by epic researchAditi Gupta
Oriental Bank of Commerce (OBC) is one of the oldest and most trusted public sector bank. It
operates through 4,917 branches across the country reaching every geographical location.
During the FY6, the Paid–up capital of the bank increased by Rs.21.55 crore.
RBL Bank is one of the fast growing private banks in India. A detailed general environment analysis(PESTEL), Industry analysis(Porter's 5 forces), VRIO analysis carried to look at the strategy analysis and formulated strategy for different business verticals, as part of the Project in MBA
INDIAN ECONOMY: CHALLENGES AND EXPECTATIONSNeha Sharma
The Reserve Bank of India has recently released a small dose of liquidity by reducing Cash Reserve Ratio (CRR) by 0.5% for the commercial banks. Government borrowings have swallowed significant resources from the banking sector in recent months. The Liquidity with banking sector is still a major issue.
NON PERFORMING ASSETS – NEED FOR PRAGMATIC & PRACTICAL REGULATORY FRAMEWORK Neha Sharma
The Reserve Bank of India, Indian Banks Association, almost all Public Sector Banks and the Indian businesses are deeply concerned about significant rise in nonperforming assets during last one year. The Indian economy has been passing through unprecedented turbulent times. Many important sectors of the economy have been adversely affected.
Similar to News for the week ended 18 sep-2010 (20)
How to Make a Field invisible in Odoo 17Celine George
It is possible to hide or invisible some fields in odoo. Commonly using “invisible” attribute in the field definition to invisible the fields. This slide will show how to make a field invisible in odoo 17.
This is a presentation by Dada Robert in a Your Skill Boost masterclass organised by the Excellence Foundation for South Sudan (EFSS) on Saturday, the 25th and Sunday, the 26th of May 2024.
He discussed the concept of quality improvement, emphasizing its applicability to various aspects of life, including personal, project, and program improvements. He defined quality as doing the right thing at the right time in the right way to achieve the best possible results and discussed the concept of the "gap" between what we know and what we do, and how this gap represents the areas we need to improve. He explained the scientific approach to quality improvement, which involves systematic performance analysis, testing and learning, and implementing change ideas. He also highlighted the importance of client focus and a team approach to quality improvement.
The Art Pastor's Guide to Sabbath | Steve ThomasonSteve Thomason
What is the purpose of the Sabbath Law in the Torah. It is interesting to compare how the context of the law shifts from Exodus to Deuteronomy. Who gets to rest, and why?
Instructions for Submissions thorugh G- Classroom.pptxJheel Barad
This presentation provides a briefing on how to upload submissions and documents in Google Classroom. It was prepared as part of an orientation for new Sainik School in-service teacher trainees. As a training officer, my goal is to ensure that you are comfortable and proficient with this essential tool for managing assignments and fostering student engagement.
Students, digital devices and success - Andreas Schleicher - 27 May 2024..pptxEduSkills OECD
Andreas Schleicher presents at the OECD webinar ‘Digital devices in schools: detrimental distraction or secret to success?’ on 27 May 2024. The presentation was based on findings from PISA 2022 results and the webinar helped launch the PISA in Focus ‘Managing screen time: How to protect and equip students against distraction’ https://www.oecd-ilibrary.org/education/managing-screen-time_7c225af4-en and the OECD Education Policy Perspective ‘Students, digital devices and success’ can be found here - https://oe.cd/il/5yV
The French Revolution, which began in 1789, was a period of radical social and political upheaval in France. It marked the decline of absolute monarchies, the rise of secular and democratic republics, and the eventual rise of Napoleon Bonaparte. This revolutionary period is crucial in understanding the transition from feudalism to modernity in Europe.
For more information, visit-www.vavaclasses.com
2024.06.01 Introducing a competency framework for languag learning materials ...Sandy Millin
http://sandymillin.wordpress.com/iateflwebinar2024
Published classroom materials form the basis of syllabuses, drive teacher professional development, and have a potentially huge influence on learners, teachers and education systems. All teachers also create their own materials, whether a few sentences on a blackboard, a highly-structured fully-realised online course, or anything in between. Despite this, the knowledge and skills needed to create effective language learning materials are rarely part of teacher training, and are mostly learnt by trial and error.
Knowledge and skills frameworks, generally called competency frameworks, for ELT teachers, trainers and managers have existed for a few years now. However, until I created one for my MA dissertation, there wasn’t one drawing together what we need to know and do to be able to effectively produce language learning materials.
This webinar will introduce you to my framework, highlighting the key competencies I identified from my research. It will also show how anybody involved in language teaching (any language, not just English!), teacher training, managing schools or developing language learning materials can benefit from using the framework.
2. 1. Special Deposit schemes return with high interest. 14 Banks have reintroduced these special liability products to lure small savers as they are facing poor growth of 14.4%. These products come for special term like 390 days, 790, 1000 days 7 carry higher interest rates as compared to interest rates attached on regular deposit.
3. 2. EPFO to pay 9.5% for FY11 on hidden surplus. Labour Minister MalliKarjunKhargedeclared on higher PF rates at 9.5% for 2010-11. Reason for increase in EPFO is it discovered hidden surplus of Rs. 158 cr. EPFO= Employee Provident Fund Organisation.
4. 3. SBI mulls holding co. for Banks & arms. SBI in talks with RBI to form a Holding co. which will control the equity of the Bank its associates 7 subsidiaries. SBI Group controls close to 1/4th of Country’s market for loans & deposits & is well positioned among Banks to go for Holding co. structure.
5. 4. RBI may tighten Interest rates in policy review. RBI is likely to tighten key policy rates. Will raise Repo & Reverse Repo rate by 25 Basis Pts.
6. 5. ICICI finally integrate BOR employees with itself. BOR(Bank of Rajasthan) employees are offered 2 stages increase in wages for accepting ICICI HR Policy which include - Dropping out of trade union membership . - Adhering to the Bank’s 9 to 6 work hrs. BOR employees salary increases by 20-25%. Wage bill of BOR gone up from 150 cr. To 185 cr. ICICI staff close to 50,000 & BOR employees are only 4000.
7. 6. Oxigen, SBI tie up to reach out the unbanked Electronic Service Provider Oxigen had tied up with SBI to open 1,00,000 points across country by FY,13. This will help people especially rural & poor, to open a/c ,avail loans &make investment through web-based kiosks and that will be connected with SBI core Banking System by Oxigen web retailers. Oxigen (CEO&MD) = Mr. PramodSaxena
8. 7. Loans to pinch more as RBI hikes key rates. Loans for corporate & individuals set to be costlier. RBI increases Repo Rate(lending rate) BY 25 bps to 6% & Reverse Repo Rate (borrowing rate) by 50 bps to 5%. This narrowing of difference between these two policy rates is expected to bring stability in call money market.
9. 8. Food Inflation jumps to 15% on supply constraints. Inflation in food articles in the new series with 2004-05 base was 15.1% for week ended sep 4 as compared to 14.6% in week before. There are some supply side constraints due to rains . Areas like Punjab, Haryana, Maharashtra have seen huge disruption by rains.
