Private banking

execution Story :Jan Dhan Yojana the biggest financial inclusion drive. The Purpose Jan Dhan Yojana - the prime minister's biggest project to ensure financial inclusion of households in India was started with an idea to provide 'Universal access to banking facilities'. The Problem Pradhan Mantri has given a target of 7.5 crore bank accounts to be opened by banks. Raghuram Rajan, the governor of Reserve Bank of India identifies the challenges and cautions banks in which he regulates to be…

Bahrain based Islamic retail bank that is licensed and regulated by the Central Bank of Bahrain and provides retail, commercial, treasury and financial institutions and other banking services. Ithmaar bank provides a diverse range of Sharia-compliant products and services that cater to the financing and investment needs of individuals and institutions.  In 2003, Shamil Bank purchased all the assets and liabilities of FIBEC. Shamil Bank then sold the entire share capital of FIBEC to DMI and…

industry especially, banking industry. Electronic banking channels are providing alternatives for faster delivery of banking services to the customers such as online banking. Electronic-banking is the latest delivery channel of banking services. Once banking institutions recognized the low processing cost per transaction via the internet, they began viewing online banking as an extension of the bank rather than as an add-on service. The motivation to introduce online banking now also included…

Second, time banking enables a community to gauge its social capacity and to mobilize its resources to fill unmet social needs. Third, time banking provides large-scale social welfare systems with a framework for engaging the recipients of services as active collaborators in achieving outcomes. The use of time banking changes the way people value their hours and minutes and reintroduces the importance of community…

The banking sector adopted budgeting strategies to ensure that is guarded against probable future risks that may be faced. The DIB bank adopts measures against probable risks through measures to avoid such adverse conditions like risk concentrations which results when a number of players are engaged in the same business. This occurs due to Competition arising due to many players targeting the same market in the same geographical area. The bank adopts credit management risk policies and…

MIDTERM #2 Question #1 It was the investment bankers of Wall Street who were the original, principal innovators of the symbolic framing of Corporate America in the 1980s. The capitalist realized that it was something wrong with the Corporate America, due to the exogenous system shock in the 80s. The investments bankers symbolically framed the managers because they were “betraying” the owners by using the conglomerate strategy. This strategy has been used since the 1960s to avoid a potential…

INTRODUCTION OF BITCOIN. Bitcoin is the first decentralized digital currency. Bitcoin is a digital coin that you can send through the internet. Compare to the other alternative, Bitcoin have some advantages. Bitcoin can transfer directly from person to person without going through a bank. So, the fee are much low, we can use the money at every country around the world, our account cannot be frozen, and no pre-requisite to access the bitcoin account. Now, majority of people are busy, does not…

Waqf in Arabic, is hold confinement or prohibition. In North and West Africa Waqf is called awqaf. The word Waqf is used in the Islamic law in the meaning of holding certain property and preserving it for the cantoned benefit of certain philanth and prohibiting any use or disposition of it outside it is specific objective. Whose benefit and usufruct can be extracted without consuming the property itself, Therefore, Waqf itself relates to land and building, there are awqaf of…

Ten Online Security Mistakes Seniors Make Seniors, in general, are trusting souls and don’t understand the dangers online. There are so many cyber thieves online searching and lurking, waiting for their next trusting victim to make a mistake. Each day at least 1 million cyber-attacks are executed, and the number is growing. It’s our job to keep our seniors informed and protected from all dangers, including the internet. Here are 10 tips on how to explain to seniors they are vulnerable to…

There are many disadvantages of being a brick and mortar agency in today’s technology driven marketplace. One of the main disadvantages is how much more money it costs a brick and mortar store to operate versus an online company. Operating costs such as rent, utilities, employee wages, and startup costs are substantially higher for the brick and mortar store. Rent can range anywhere from twelve to forty plus dollars a square foot according to smallbusiness.com. Depending on the location, whether…