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    INITIATIVES FOR FINANCIAL INCLUSION IN INDIA Dr. DilipChellani and Dr. Ramamurthy N Introduction: For the first time, the Eleventh Five Year Plan (2007-12) envisaged inclusive growth as a key objective as well as a strategy for economic development. Financial inclusion (FI) can therefore be very well called as 21st century banking. Its main aim is to extend the banking and financial services to every persons (or class of people), Projects (activities in various sectors) and places/parts (rural/semi

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    To begin, banks are a place to deposit money. Most people think of banks like a safe storage locker. If a person deposits their paycheck into a bank they have the guarantee of their money being there next time they check their account, that is if they choose to not spend it. Without banks, consumers would be forced to hide their money in their homes and under mattresses. That is just impractical and poses many major risks. Banks are a much safer alternative. Banks also offer interest rates. Interest

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    Punjab National Bank is an Indian financial services company based in New Delhi, India. Founded in 1894, the bank has over 6,300 branches and over 7,900 ATMs across 764 cities. It serves over 80 million customers Punjab National Bank is one of the Big Four banks of India, along with State Bank of India, ICICI Bank and Bank of Baroda It is the third largest bank in India in terms of asset size (billion by the end of FY 2012-13). The bank has been ranked 248th biggest bank in the world by the Bankers

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    flexible exchange rate and a policy of closing its failed banks appears to have served the country well in the aftermath of the financial crisis. Banking crises in Iceland and Ireland came to a head at the height of the financial crisis in September and October 2008. These countries took quite different approaches in dealing with these difficulties. Ireland and Iceland are small island countries with many

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    Bank Accounting Essay

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    1.5.5 Liquidity Management: -As we all know that the liquidity ratio states the level or limit up to which a bank is able of satisfying its respective liabilities. Banks generate money by mobilizing short-term savings of the people converting into deposits at lower interest rate, and then lending these funds in long-term loans at higher rates of interest, so it is quite risky for banks to mismatch their lending interest rate. Liquidity is measured by the level of earnings, the

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    “THE DETERMINANTS OF CUSTOMER SATISFACTION IN STATE BANK OF PATIALA, PUNJABI UNIVERSITY, PATIALA BRANCH” A SYNOPSIS SUMITTED TO THE SCHOOL OF MANAGEMENT STUDIES DEPARTMENT OF MBA, PUNJABI UNIVERISTY, PATIALA FOR THE DEGREE OF MASTER OF BUSNISS ADMINSTRATION SUBMITED TO: DR. APAR SINGH BY: ABDI AHMED Roll .NO; 130423542 PATIALA, PUNJAB, INDIA

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    Bank of China: Chinese Central Bank

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    Bank of China (BOC) was established in February 1912. From 1912 to 1949, the Bank served consecutively as Chinese central bank, international exchange bank and specialised international trade bank. Fulfilling its commitment to serving the public and developing China's financial services sector, the Bank rose to a leading position in the Chinese financial industry and developed a good standing in the international financial community. In 1994, the Bank was transformed into a wholly state-owned commercial

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    Bank Essay

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    Many people don’t know what's the best bank for them in the future, so I am writing this to show what bank will be best for me in the future. I am going to talk about 4 banks that would be good for me. The 4 banks are 4Front credit union, Charlevoix State bank, Huntington, and 5/3rd bank. 4Front credit union will be open Monday through Friday 9:00A.M.-5:00. They are open on Saturday from 9:00A.M. to 1:00P.M. Some of the locations for 4Front are East Jordan, Boyne City, Petoskey, and Charlevoix. The

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    CHAPTER 1 INTRODUCTION The financial crisis in 2008 brought about drastic changes in customer behavior all over the world and encouraged customers to take a shifted action towards their needs and wants (Mansoor and Jalal 2011). In the age of globalisation, as no nation can keep itself aloof from the world economic volatility, India too, was affected significantly in economical as well as social dimensions. The economic turmoil had a profound impact on consumers (Flatters and Willmott 2009) and

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    financial crisis of 2008-2009 that, according to leading economists, is the worst financial crisis since the Great Depression (Eigner, 2015). The crisis began in 2007 due to a mortgage market failure in the United States and in the following year, with the collapse of the Lehman Brothers investment bank, advanced into an international banking crisis, which then developed into a global economic crisis, The Great Recession (Williams, 2010). This essay will conclude that that due to private sector financial

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