Campaign finance reform

2.2. PESTLE ANALYSIS 2.2.1. POLITICAL FACTORS Life insurance industry is affected by many political factors. In political sphere, hike in FDI limit up to 49 percent but, the Parliamentary Standing Committee on Finance has rejected foreign direct investment (FDI) to 49 per cent, in the Insurance Laws Bill (Amendment) 2008 (News, 2011). Increase in FDI limit attracts foreign investors and provide fund for penetrate in market. Insurance companies need capital to expand and penetrate their…

Punjab National Bank Introduction Punjab National Bank shortly referred to as PNB is an Indian commercial services company that has its base in New Delhi, the capital city of India. It was founded in the year 1894, the bank has more than 5,800 branch offices and more than 6,000 ATM centers spread over nearly 764 towns. The bank aids more than 80 million customers. Punjab National Bank is one amongst the Big Four banks of the Indian banks along with ICICI Bank, State Bank of India, and Bank of…

After pronouncing judgment in Ghasi Ram on February 7, 1968, Hidayatullah, J., decided Om Prabha Jain v. Abnash Chand on the same day dealing with the same issue, i.e., whether making of discretionary grant by a Minister on the eve of election amounts to bribery or not. Applying the test laid down in Ghasi Ram, i.e., "that a Minister in the discharge of his duties may be required to do some acts of administration including the granting of money for the uplift of a certain communities and this…

Wells Fargo: Accounts, Fees and Commissions Ronal Stevens (4/5/2016) 0 comments subscribe save The Bank Wells Fargo offers different types of financial products, which cover different needs of customers. Among the most important products can highlight savings accounts , checking accounts , IRAs and CDs . Want to know the main features and costs of these products? In this post we detail the different features and benefits of each product offered by the Bank Wells Fargo , so that you can choose…

into countries like Laos. This is because Maybank recently get the license operating from Laos’s government. Total population of Lao is 6.77million which mean Maybank have the largest business opportunity in Laos. Maybank have the largest Islamic finance market such as Singapore, Indonesia, Brunei, China, the Philippines and the Middle East. Besides that, Maybank want to achieve become Regional Financial services leader in 2015, they search international banking opportunity in Myanmar, Cambodia…

This section begins by revisiting Kenneth Pomeranz’s argument in The Great Divergence which attempts to answer the question about why industrial revolution did not occur in China in the Ming/Qing Dynasty. His studies were largely based on comparing the economic developments in China and Europe before the great divergence happened, in particular the Yangzi River Delta in China and the core regions of England. As Pomeranz (2000) put it, these two places were similar in technological levels,…

The three variance equation parameters such as ω, α, and β of GARCH-M model with different error distributions for all subset data were significant at 1% level with correct signs which provide evidence in favor of ARCH and GARCH effect. The significant value of ARCH term (α) implies that past stock price innovation influence on current volatility whereas significant GARCH parameter (β) suggest that current volatility of stock price is influenced by past volatility. For asymmetric models…

A. Suppose the company is considering a potential investment project to add to its portfolio. Calculate the following items: Before Home Depot calculates the net present value (NPV), internal rate of return (IRR), terminal value (TV), and modified internal rate of return (MIRR) of its newest potential investment project, the company must first calculate its free cash flows. The calculation begins by subtracting the operating costs and the 20% depreciation expenses from the cash flows…

is free. In case of conventional bonds, bond issuers provide full guarantee on capital and the benefits to be obtained. Forth, investment criteria also indicate that the bonds may be used for any purpose of the finance in order to receive the interest amount. Bonds will be used to finance any asset, project, business or joint venture that complies with local laws. Meanwhile, Islamic bonds are based on Shariah compliant structure, which it is only can invest in Halal business and receive profit…

CASE STUDY ‘Key Man Insurance’ Our client Mr. AA (aged 33, an Arab) is the CEO of a UAE based company. He recently took over the reins from his father who retired after being a first generation entrepreneur for over 30 years. His company has a long standing banking relationship with a local bank. The banker has requested collateral for the liabilities that Mr. AA’s company owes the bank, through a life insurance policy on the life of the CEO. A traditional policy would require a large premium…