A study on the implications of Pradhan Manthri Jan Dhan Yojana on the growth of Indian Economy Authors: 1. T. Mary Jones Associate Professor and Head, Department of MBA, PACE Institute of Technology & Sciences, Vallure 2. S. DivyaSri II MBA PACE Institute of Technology & Sciences, Vallure. 3. G. Bavani II MBA PACE Institute of Technology & Sciences, Vallure. Abstract: Indians are transforming from rural India to digital India with so many initiatives by the Central government of our…
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 new shops to being squeezed out of the market by people with bigger bankrolls. But Lamine Zarrad a federal banking regulator might…
The Back-Office Manager plays an increasingly important with a truly cross-cutting function within the bank. It is no longer a mere administrative function applied to the traditional operations of the bank. This must be done in compliance with deadlines, rules and circuits. This function covers the management and accounting of operations as well as management control. It's about: Optimize procedures It continuously monitors the proper arrangements for service. The implementation of dashboards…
A STUDY ON CONSUMER AWARENESS OF BANCAASURANCE PRODUCTS IN LAKSMI VILAS BANK(KAMBARASAMPETTAI) Sriram S, C.A balachandran.S Student, IInd year MBA, SASTRA University. Professor, School of Management, SASTRA University. Thirumalaisamudram, Thanjavur, Tamilnadu, India. Email –sriramsekar27@gmail.com Email - balachandran@mba.sastra.edu ABSTRACT The Bancassurance is an arrangement between a bank and an insurance company, whereby the insurance company uses the bank sales channel to sell…
surveillance cameras that monitor every movement that takes place on both the interior and exterior of the complex, turning the bank into an unavoidable presence of exposure to the millions of bank employees and bank customers that engage in everyday banking. Much like a panopticon, banks use this tactic of oversight to initiate their fearful agenda onto its victims. Banks can even be compared to The Plague when Foucault speaks of the surveillance needed to contain the deadly disease, he states…
unique financial experiences. Jeff Blyskal writes, “The good news in banking is that consumers have options; no one has to settle for merely acceptable service.” (Blyskal) Another important fact when deciding on a bank is to consider the fees that you might have to pay. Some banks offer free accounts with a minimum balance, while others might require you to pay a small monthly maintenance fee. Investerorguide.com says, “Banking fees have risen significantly in recent years, and show no signs…
approved initiation and authorization limits are in place based on job function. D. User access review performed at least annually to ensure all users have appropriate access and limits. 7. INFORMATION TECHNOLOGY RISK Information technology enables banking organizations to carry out their wire activities more efficiently and effectively, however Information Technology can also be a source of risk for the financial institution and the customer. Risk: Disaster takes place that affects the…
Paolo Freire’s ‘The Banking Concept of Education’ shows the audience the apparent distinction between two different kinds of education. He however does not go into great detail on the specifics regarding each one which is one are in which he could’ve improved on. The main form of teaching he describes is the ‘Banking Concept’ and the lack of effective communication between student and teacher. He wants to reach students, teachers and/or parents in order to present to them how the current…
care about their customers, provide loans that help the community flourish, and have their officers are on site. When living in a small town, everybody knows each other. While this may be bad in some aspects, this is a good thing when it comes to banking. As with any business, banks have their regular customers, and because of this employees are able to develop lifelong relationships with them. People are more than just customers, and when one walks into…
The banking sector plays a very important role in the country’s economy, therefore, the banking industry offer up to the national incomes and the global growth. It is imperative to assess, break down and screen the banking performance . Variety of methods was used to analyse the performance of banks and the most popular ways it eh CAMELS rating system, the banking supervision institution based on six factors to assess the registration of financial institutions. CAMELS represents the six rating…