Chemical Bank

• To determine how the BRM team works and their importance in a credit rating agency. • To study the infrastructure portfolio size of the banks in Chennai 2. CREDIT RATING AGENCIES IN INDIA &TRAINING ORGANISATION 2.1 Indian Credit Rating agencies- The beginning Birth of the rating agencies in India The idea of behind the rating agency was evolved in 1986 with the help of Pradip Shah, an HDFC employee and also an Harvard graduate suggested the idea of the credit rating agency to Nadkarni…

A huge negative impact caused by computers is cyber theft. Many banks have been subjected to many cyber thieves accross the world. When you think of a bank robber, you would think of someone stealing a few thousand dollars by going to a bank with a gun and demanding money. That is nothing compared to cyber theives. A group of cyber thieves stole 300 million to 1 billion dollars, from 30 banks accross the world, in just two years (securityweek.com). Thousands of people across the…

The finance and health sectors are often compared to one another. Both provide important services and are highly regulated. Physicians and financial advisers also play similar roles in guiding clients through numerous products and decisions, so that debt and disease may be avoided. Where the two sectors differ is with their use of technology. IT systems have revolutionized financial services, and as a result, the banking industry has saved billions of dollars while offering consumers numerous…

I walked into the People’s Bank at 9:50 am. The outside and lobby was clean and well organized. A Teller said good morning can I help you. I walked over to the Teller and asked to talk to someone about opening an account. She said that I could have a seat and she would get someone for me to talk to. I sat down and the Teller passed by me and asked the ladies in the office one of them could meet with me. The Teller came to me and said that Gwen would be with me shortly, would you like any…

Cards”). If you do not understand that then something 's wrong, but who knows maybe you’ll figure it out one day when you have kids. The worst thing that could happen is not paying the bill and getting sued for all the money you did not pay to the banks back, but if you stay on top of your game…

Moment for the $100 Trillion Global Bond Bubble? Most economies have barely recovered from the 2008 subprime mortgage fiasco that was caused by sloppy lending practices at banks, overextended them and compromised essential liquidity to pay their own debts. Investopedia.com reports that Lehman Borothers, the fourth-largest investment bank in the United States, was forced to declare bankruptcy with $619 billion in debt versus $639 billion in assets in 2008. A vast number of defaults caused this…

industry was tightly regulated. Most of the regular banks were local businesses. And they were prohibited from speculating depositor’s savings. Investment banks, which handle stocks and bond trading were small private partnerships. Traditionally the partners put the money up and watched the money very carefully. They wanted to live well, but they didn’t want to bet everything on anything. In the 1980s, the financial industry exploded. The investment banks went public, which gave them large…

Colorado has legalized growing, selling and consuming Marijuana. But what you might not know is that the marijuana industry has been blocked out of the banking industry. The reason these banks will not take the marijuana industry’s money is because it is still federally illegal to do anything with marijuana and the banks fear being raided or shut down by the DEA or Drug Enforcement Agency due taking “drug money”. This had lead to many problems in the industry from making it very hard to start…

rate to be influenced by foreign-exchange market mechanism. This is determined by the demand supply of that particular currency (Economics.help, 2012). Arnold (2010) states that the fixed exchange rate is the opposite, as the government or central bank decides the official exchange rate to another country’s currency, this is done to sustain the value of he currency. This also allows the government to keep low inflation which means low interest rates and rise in trade and investment. In 2015, the…

problems and threats similar to the 1970 financial crisis. Supervision in the financial institution bring an effective integration to the systemic stability since they make sure the numerical balance to be consistent, now a days the privileges that banks use to have are gone, because many of them reached to have risky activities by economizing capital because of all the risky activities the government has put measures to reduce it, such as the integration of the Basle Committee and the BIS, to…