Essay on banking sector in india

The client can modify the login password, information of the Credit Card and the client information in e-bank on net. Many farmers have difficulty in paying for the expensive technologies, especially if they have a bad harvest.

The new methods in agriculture increased the yield of rice and wheat, which reduced India's dependence on food imports. It has potential of using mobile phones as input devices in certain areas where last mile connectivity becomes issues for simple data inputs of critical importance for decision making in government departments.

Substantial increase in the production of cottage goods based on agro, marine and natural products or bio-products has generated employment in the rural sector. Minor irrigation schemes are coming up and the village industries are booming.

Retrieved 9 August There is a spate of tractors, harvestors and tubewells in villages. Using a telephone to perform direct banking - make a balance enquiry, inter-ac- count transfers and pay linked accounts; 4.

However, the focus of computerization at that time was on customer service in banks. The fraction of percentage so arrived will be ignored i. But the substantial increase in our calculation capabilities has permitted a variety of other products and, most beneficially, new ways to unbundle risk.

Besides, these projects go on for 20 to 30 years. We are moving at an exceptionally rapid pace, fueled not only by the enhanced mathematical applications produced by our ever rising computing capabilities but also by our expanding telecommunications capabilities and the associated substantial broadening of our markets.

In the long run I plan to advance towards general management to eventually become company president, as my father recently clarified is his expectation. Increased access to information: Candidate should indicate the percentage obtained in Graduation calculated to the nearest two decimals in the online application.

Thirdly, computerization needs heavy capital outlay for purchase of machines. Government also helped those under loans. The process is fast picking up even at rural branch level.

They were a front office mechanization, and b back office automation. An accountable Government is a responsible Government. Today, the number of computers in use with banks in India had crossed 1, 00, Retrieved 16 November from https: This international exposure will improve my ability to establish contacts with other nations, hence supporting my longer term career goal of rejoining the PMO.

Trading in derivatives includes the following: In general, senior citizens do not have much computer education and they would have to approach a customer service officer for assistance. Most of the Government expenditure is appropriated towards the cost of stationary.

Moreover, the client can inquire about the present balance at real time. The company does not have to spend anything extra to avail such facilities. What are your short-term and long-term post-MBA goals? HBS has no competitors in academic level and in world-wide fame I learned that from talking to people in China, Eastern Europe, and Arab countries.

This is particularly true in case of infrastructure projects, many of which are struggling to repay loans. He can pay his regular monthly bills telephone, electricity, mobile phone, insurance, etc.

The rising incidence of NPAs has been generally attributed to the domestic economic slowdown. My longer term vision is becoming the CEO of a major telecom company, such as Vodafone.

There has been growing concern about the privacy of data being collected as part of UID project.

Green Revolution in India

However, looking into the future, I will need to lead in the private sector where leadership is also characterized by the talent to lead corporate players in global, competitive markets and an understanding of the cultural, economical and financial forces that drive the marketplace.

During the Five Year Plans, the community development programme has shown excellent results. Currently all our projects rely either on our investments or IMF and World Bank grants while institutional financing options are ignored. Shooting of interest rates will directly impact the investors who wish to take loans for setting up infrastructural, industrial projects etc.

It will also impact the retail consumers like us, who will have to shell out a higher interest rate for a loan. Furthermore, at a class of event during my April campus visit I was inspired by potential networking with students of such eclectic professional and cultural backgrounds.

It is not useful for a GS paper, even if some of it may be useful for Economics optional paper.

Essay on the Computerisation of Banking Operation in India

Thirdly, computerization needs heavy capital outlay for purchase of machines.Non-performing Assets (NPAs) INTRODUCTION. In the last article on “Understanding the banking system“, we had discussed the Basel norms. We learnt what Basel norms are and why they hold such importance for the Indian banking system.

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Get essay on cross cultural management or intercultural management assignment help, defining their benefits and features, cross cultural management coursework done by our professors. CAREER IN PUBLIC SECTOR BANKS By - Vijay Prakash Srivastava Banks are considered the backbone of a country’s economy.

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The relationship between political stability, freedom and economic performance has raised many debates in economic literature in the past de.

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Essay on banking sector in india
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