Private Players in Insurance

Private Players in Insurance - It was only in 2001 that the private sector was allowed to enter the insurance industry. The Insurance Regulatory and Development Authority of India (IRDA) regulates the insurance business in India. Many corporates and scheduled banks are jumping into the fray of in

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Financial Analyst

Financial Analyst - Another emerging career option is Financial Analyst. As the very name suggests, study and analysis of finance and related areas along with their developments including corporate finance, investment management or other financial services e.g. leasing hire-purchase, venture capital

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Main Functions of Banks

Main Functions of Banks - Major activities that usually take place in a bank are: (i) Retail banking - which includes deposits, withdrawals, transfer of money,    exchange of foreign currency, issue of travellers cheques. (ii) Personal banking - which includes loans, mortgates, credits insura

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Risk Management

Risk Management - A recent development in the field of banking, finance and insurance is the boost to risk management. In fact, prudent risk management is the need of the hour as VK Agarwal, Manager Risk Management all Insurance, says. But what is risk management? "According to the techniques by

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Banking Inustry Vision 2020

Banking Inustry Vision 2020 - Consequent to nationalisation in 1969 and economic liberalisation in 1991, banks. in India are on fast track growth in size, technology and deliverables to customers. Every aspect of banking will be transformed by new technology by 2020. Customer friendly products, d

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Public Sector Banks

Public Sector Banks There are in all 27 banks in the public sector, comprising the State Bank of India and its 7 associate banks viz. State Bank of Patiala, Travancore, Hyderabad, Bikaner and Jaipur, Mysore, Indore and Saurashtra, 14 commercial banks in the private sector nationalised in July 1969,

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Financial Planning

Financial Planning - Financial Planning is also the option that most of the finance students look forward to. The job of a Financial planner basically involves managing the finances of an individual or a company in such a way as to not only meet the existing requirements of money but also manage pro

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Distance Education Courses in Banking

Distance Education Courses in Banking Alagappa University Directorate of Distance Education Alagappa Nagar Karaikudi 630003 (T.N.) Ph.: 04565-225205-07, 226001, 229230, 225216 Fax: 04565-225202 Email:vc_alagappa@rediffmail.com.alagappauniversity@gmail.com Website: www.aluniv.org offers the f

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Actuary

Actuary - The term Actuary means a professional whose job is to calculate insurance risks and payments by studying how frequently accidents, fires, deaths etc. occur an actuary has to apply mathematical probability theory, statistical and analytical methods while assessing any insurance risk. Act

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The Reserve Bank of India

The Reserve Bank of India Reserve Bank of India was established on April 1, 1935, with the basic objective to 'regulate the issue of Bank notes and the keeping of reserves with a view to securing monetary stability in India and generally to operate the currency and credit system of the country to i

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