MONEY & BANKING
INSIGHT
`INDIAN BANKING: TOWARDS GLOBAL BEST PRACTICES'
The challenges ahead
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‘Outward orientation is the need of the hour’
The Indian Banks’ Association is a voluntary body of 150 banks that functions as a platform for addressing issues concerning the banking industry. Every year, the association conducts its annual conference in association with a host bank. ...
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A primer on sub-prime crisis
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New initiatives to usher in best practices
One of the first things Dr Anil K. Khandelwal did soon after he became the Chairman and Managing Director of Bank of Baroda in 2005 was to adopt a new logo for the bank –The Rising Sun in vermillion, which he called the Baroda Sun. ...
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Can BANCON become the beacon for bankers?
From an academic ‘bank economists meet’ ‘BECON-1975’ to the mega event of the financial world ‘BANCON-2007’, the transformation has been amazing.In early 70s,when the lead bank scheme and the concept of ...
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High performance in focus
The first panel discussion session of this BANCON will be on the theme of building high performance organisations. Keeping pace with overall growth of economy, the Indian banking industry has now entered an era of unprecedented ...
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E-trading: A strategic imperative for banks
The country’s leading public sector bank said the other day that its own broking arm SBICAP Securities would be offering an electronic trading platform in listed stocks for its customers. This would supplement an arrangement it already has ...
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BoB: A journey spanning 100 years
Set up by the visionary Maharaja Sir Sayajirao Gaekwad – III of Baroda in the year 1908, Bank of Baroda, now one of India’s leading public sector Banks, has entered its 100th year of service. From humble beginning from a small ...
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The survival of the fittest
The annual bankers’ conference – BANCON (earlier known as the Bank Economists’ Conference) is one of the India’s most popular conferences for discussing key issues affecting Indian banking industry. The theme of this ...
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Time for ‘financial social contract’
As Rousseau said, ordinary voters and democratic politicians have a social contract by which politicians are given political power in return for providing good governance. Likewise, I suggest bankers honour a financial social contract with their depo sitors, says P.V. INDIRESAN.
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Taking tech route to growth
In the current flat world, the ability to provide financial solutions on a multiple delivery channel assumes greater significance and has indeed been redefining the notions of competition and customer satisfaction. With increasing competition, ...
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The logistics of organising an event
There is this oft quoted Tamil saying ‘Kalyanam panni paar; veetai katti paar’ (that translates loosely as ‘see if you can conduct a marriage/ build a house’) to remind one of the Herculean efforts involved ...
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Lessons from US crisis
The crisis is leading to fears that the US credit market may reach a gridlock and the country itself may be facing a recession due to shortage of credit, since banks have problems raising further funds. The problem has spread to European banks as we ll.
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DEBT MARKET
Yields soften on merchandise inflows, weak credit offtake
Liquidity may increase as investments from long-term investors flow
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PUBLIC SECTOR BANKS
Bank of India to conduct survey on customer service
Pudukottai, Nov 25 Adopting the strategy of foreign banks for ensuring prompt customer service, the Bank of India will conduct a survey on its customer services through its branches. The three-month survey will be launched shortly, its ...
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FIXED DEPOSITS
Indian Bank sheds Rs 1,500-cr costly deposits
It can raise resources cheaper by selling its investments than by accepting high-interest deposits, the Chairman and Managing Director of Indian Bank, says.
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TRADE & LABOUR UNIONS
Officers of SBI associate banks to strike work in Dec
Officers of seven associate banks of State Bank of India (SBI) have announced their move to strike work during December 2-4 to protest against merger moves.The members of Associate Banks’ Officers’ Association (ABOA) plan to ...
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