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PROFILE
Bank of Baroda
Interview with CMD,
-- MD Mallya
Bank of Baroda (BOB) is a premier public
sector bank with a total business (depos
its and advances put together)
reaching over Rs. 3,56,000 cr in September 2009, having
a wide network of over 3,000 branches, recording continuous profits and serving over 36
million customers.
PROFILE
Corporation Bank
Corporation Bank came into being as Canara
Banking Corporation (Udipi) Limited, on
March 12, 1906, in the temple town of Udupi, by the pioneering efforts of a group of visionaries.
Interview with CMD,
-- JM Garg
COVER STORY
Indian Banking : Defying the Disarray
-- Katuri Nageswara Rao
The Indian banking system has bucked the trend of global financial crisis admirably, thanks to its counter cyclically policies
and efficient management of liquidity. It was able to preserve the spread, though there was erosion of profitability. Banks have
managed to maintain acceptable ratios of CAR, net NPAs, deposit and credit growth. Indian banks, however, face the challenges of
monetary tightening in the near future, coupled with persistently low credit offtake.
© 2010 IUP. All Rights Reserved.
MICROFINANCE
Development Strategy for Microfinance
-- Dr. BK Swain
Microfinance is still an evolving sector in countries like India as compared to many developed countries where it is
highly commercialized through created partnerships, leveraged public and private sectors assets, and shared know-how mechanisms.
The lessons from some of the best-managed microfinance institutions around the world show that use of certain methods like
group lending, peer guarantees, step-ladder lending, matching repayment terms with borrower cash-flows, etc., have contributed largely
to their success.
© 2010 IUP. All Rights Reserved.
TECHNOLOGY
Grid Computing Technology
and
Applications in the Banking Sector
-- S Kumar Chandar
The term `grid computing', coined in the mid-1990s, was originally proposed to denote a distributed computing system that
would provide computing services on demand, just like conventional power and water grids. It coordinates resources that are not subject
to centralized control using standard, open, general-purpose interfaces and protocols to deliver non-trivial qualities of service.
© 2010 IUP. All Rights Reserved.
TECHNOLOGY
Mobile Banking
-- S Anitha
Banks have introduced a new, lucrative technology called mobile banking, which is the usage of mobile phones as a medium
for extending banking services to target a large number of customers. With the advent of this new channel, it is possible to bank
from anywhere, at anytime and in any condition, either through SMS or WAP, by linking one's bank account to a mobile phone. The cost
of transaction is also low.
© 2010 IUP. All Rights Reserved.
INTERNATIONAL BANKING
Role of Foreign Banks in
Emerging Market Economies
-- Dr. K Alamelu
Foreign banks generally bring in new technology and better efficiency into emerging economies. But they may not deliver
banking services to the diverse sections of the society and concentrate only on affluent lot.
© 2010 IUP. All Rights Reserved.
SCENARIO
Banking : Changing the Gear
-- Sharad Kumar
Indian banking is transforming itself into a customer-centric, commercial proposition. With products like credit cards,
consumer credit and with superior technology and effective innovation, it is producing customer delight.
© 2010 IUP. All Rights Reserved.
CASE STUDY
Impact of SHG-Bank Linkage Program on Savings of Rural Poor
-- Dr. GS Gireesh Kumar and Susy Paul
SHG-Bank Linkage Program (SBLP) has been instrumental in the economic empowerment of the rural poor in Kerala.
Members' association with the program has enriched them and improved their savings capacity, which is obvious from the
significant incremental savings between `pre and post' SHG situations. SBLP has been successful in mobilizing higher volume of savings
from rural areas. The spread of thrift among members has resulted in the improvement of self-reliance and self-financing.
© 2010 IUP. All Rights Reserved.
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