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What does the banking sector consist of?
The Banking Sector consists of all Banking and Financial Institutions in a country. For example in India, all companies that provide banking and financial services come under the Banking sector. Ex:State Bank of IndiaICICI SecuritiesReligare Asset Management CompanyHDFC Mutual FundsEtcAre all part of the Banking industry in India. The list above is not exhaustive and every single company that provides such services are part of it.
What is rural banking and its functions?
The goals of Rural Banks are to provide banking services to the rural/village population of India. Gramya banks or Grameen banks are banks in India that provide banking services for the rural population in India. There are a total of 32 Grameen banks in India.
What is the Scope and nature of merchant banking in India?
The scope and nature of merchant banking in India is investment banking. A merchant banker is used as an intermediary to match a company that needs capital to those that have capital.
Who perform the central banking function in India?
RBI(Reserve Bank of India)
What does schedulded bank means?
A Scheduled bank in India is a bank that is approved by the Reserve Bank of India (the Central Bank of India that monitors banking operations in India) to provide banking facilities to the citizens of the country. They are authorized to provide banking services like bank accounts, loans, fixed deposits etc.
Impact of recent developments in International business in India?
By allowing banks to open new branches & set up ATM machines without taking prior permission of RBI leads to the development of the banking system in rural India. As our 70% of the population resides in rural India, it is beneficial for both the banking industry & the public at large.
The recent developments in the secondary market in India?
recent development in the secondry market
Recent export import policy of India 2007-2012?
recent 5 years data of jute industry in India
What is very strict organization that regulates the banking industry?
There are many organizations across the globe that regulate the banking industry. Each country has one. For ex: Reserve Bank of India in India, the Federal Reserve in USA, etc. every country that has banks usually has one such organization to regulate it.
What are the developments in INDIAN banks because of existence of foreign banks?
Banks in India these days have started offering competitive services like internet banking, mobile banking, telephone banking etc because of the foreign banks. The foreign banks offer these kind of services abroad and can easily offer them in India and to compete with them Indian banks offer these facilities as well.
What does the banking sector consist of?
The Banking Sector consists of all Banking and Financial Institutions in a country. For example in India, all companies that provide banking and financial services come under the Banking sector. Ex:State Bank of IndiaICICI SecuritiesReligare Asset Management CompanyHDFC Mutual FundsEtcAre all part of the Banking industry in India. The list above is not exhaustive and every single company that provides such services are part of it.
Who is karan sanwal?
There is a Karan Sanwal who lives in Central Delhi, Delhi, India. She attended Shivaji University, and works in the banking industry.
What is the Scope of banking and finance in India?
MBA finance and Marketing Professionals are in great demand by Banking Industry to market investment and saving products. MBA with specialization in Banking helps a person to understand the job responsibilities of a Bank with respect to customer. The scope of banking and finance in India is great as many multinational firms have invested lot of money in Indian capital and financial markets.
Can the investment banking industry have great scope in India in the coming years?
yes because the growing economy in India needs a helping hand. and this helping hand can only be provided by the financial or the banking industries. thus it has great scope and importance in todays competitive and fast moving ecopnomy.
What is banking investment in India?
It is where, in india, you invest in banks.
Who regulates the indian banking?
The Banking System of India is regulated by the Reserve Bank of India or RBI. RBI was established in the year 1935 with headquarters in Mumbai, India to oversee and supervise the banking industry in India. Every bank that functions inside the border of the country of India have to obtain prior approval from RBI before starting services and is bound to follow all the rules and guidelines laid down by them. The primary goal of RBI is to protect the citizens of the country from unfair practices which the banks may indulge in, if left unregulated/unsupervised.
Is there any Singapore bank in India for personal banking?
You can go for the DBS bank. It provides personal banking in India and are operated in 12 cities of India.
