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Focus

Current trends in genomic technologies are providing insights to understand the role of coding and noncoding sequences in gene expression and gene regulation. Study of noncoding RNA molecules and their importance is being carried out in advanced centers of excellence in genetics, molecular biology and molecular evolution. Such studies throw some light on gene function and regulation.

On the other hand, marker aided selection (MAS) and biomarker research are being applied for the improvement of all organisms and their phenotypic stability in agriculture, animal husbandry, whereas biomarker research is helping in the development of diagnostics and their application in the detection and management of diseases associating several traits with known standard markers of DNA, proteins and visible phenotypes. At this juncture, it is needed to combine information from both the directions and interpret the findings coming day-to-day.

The first paper, "Variation of Phenylalanine Ammonia Lyase and Phenol Content in Two Species of Casuarina During Salicylic Acid Signaling", by Suvega Thangavelu, Vellingiri Hemalatha, Radha Veluthakkal and Modhumita Ghosh reveals that the higher level of biotic stress tolerance in C. junghuhniana in comparison to C. equisetifolia may be attributed to the sustenance of high level of phenol and phenylalanine ammonia lyase (PAL) in tissues during stress conditions.

The second paper, "Micropropagation of Tinospora cordifolia: A Prioritized Medicinal Plant Species of Commercial Importance of NE India", by P J Handique and S S Choudhury demonstrates the possibility of developing an efficient in vitro propagation system for successful mass propagation of Tinospora cordifolia.

The third paper, "Efficient Genotype Physiology, Growth, Photosynthesis, Photosynthetic Pigments, Essential Monoterpene Oil(s) Yield and Oil Quality of Ocimum sanctum", by A Misra, S Dwivedi, A K Srivastava, D K Tewari, A Khan and R Kumar demonstrates an oxido-reducible reaction of peroxidase and high bands of peroxidase isoenzymes in OSP-6 genotype for the formation of monoterpene essential oil(s) and possibly the major constituents of eugenol through the high photosynthates.

In the fourth paper, "In Vitro Regeneration and Conservation of Kaempferia galanga", the authors, P E Rajasekharan, S R Ambika and S Ganeshan have made an attempt to optimize protocols for in vitro regeneration and conservation of Kaempferia galanga where they showed in vitro plants retained capacity to regrow after storage for duration of six months without intervening subculture.

The authors, Deepa R and Suriyavathana M of the fifth paper, "Germination Pattern of Tapioca (Manihot esculenta) Genotypes [CO(TP)4, CO2] by Salt (NaCl) Stress Induction" show that both CO2 and CO(TP)4 withstood the maximum salt stress induction with drastic phenotypic changes which emphasizes that they are superior varieties for salt tolerance.

The authors, Komal Desai, Dhara Patel, Deepmala Lawani and Vijay Kothari of the sixth paper, "Montmorillonite: A Puissant Catalyst for Prebiotic Formation of RNA-Like Oligomers" opine that minerals might have played the role of catalyst in the formation of bio-oligomers and indicated that generation of RNAs with chain length greater than 40 mers would have been sufficient for initiation of first life on Earth.

The last paper, "Principal Component Analysis in Brassica juncea L. Czern and Coss", by Sharad Pandey, M K Tripathi and Rahul Kumar exploits exhaustively the attributes, viz., days to flowering initiation, siliqua on main shoot, seeds per siliqua, length of siliqua, seed yield per plant, number of secondary branches per plant and 1000-seed weight which were proved to be the most important variables for selection and breeding programs since they had high eigenvalues for different principal components.

-- V Venugopal Rao
Consulting Editor

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Automated Teller Machines (ATMs): The Changing Face of Banking in India

Bank Management
Information and communication technology has changed the way in which banks provide services to its customers. These days the customers are able to perform their routine banking transactions without even entering the bank premises. ATM is one such development in recent years, which provides remote banking services all over the world, including India. This paper analyzes the development of this self-service banking in India based on the secondary data.

The Information and Communication Technology (ICT) is playing a very important role in the progress and advancement in almost all walks of life. The deregulated environment has provided an opportunity to restructure the means and methods of delivery of services in many areas, including the banking sector. The ICT has been a focused issue in the past two decades in Indian banking. In fact, ICTs are enabling the banks to change the way in which they are functioning. Improved customer service has become very important for the very survival and growth of banking sector in the reforms era. The technological advancements, deregulations, and intense competition due to the entry of private sector and foreign banks have altered the face of banking from one of mere intermediation to one of provider of quick, efficient and customer-friendly services. With the introduction and adoption of ICT in the banking sector, the customers are fast moving away from the traditional branch banking system to the convenient and comfort of virtual banking. The most important virtual banking services are phone banking, mobile banking, Internet banking and ATM banking. These electronic channels have enhanced the delivery of banking services accurately and efficiently to the customers. The ATMs are an important part of a bank’s alternative channel to reach the customers, to showcase products and services and to create brand awareness. This is reflected in the increase in the number of ATMs all over the world. ATM is one of the most widely used remote banking services all over the world, including India. This paper analyzes the growth of ATMs of different bank groups in India.
International Scenario

If ATMs are largely available over geographically dispersed areas, the benefit from using an ATM will increase as customers will be able to access their bank accounts from any geographic location. This would imply that the value of an ATM network increases with the number of available ATM locations, and the value of a bank network to a customer will be determined in part by the final network size of the banking system. The statistical information on the growth of branches and ATM network in select countries.

Indian Scenario

The financial services industry in India has witnessed a phenomenal growth, diversification and specialization since the initiation of financial sector reforms in 1991. Greater customer orientation is the only way to retain customer loyalty and withstand competition in the liberalized world. In a market-driven strategy of development, customer preference is of paramount importance in any economy. Gone are the days when customers used to come to the doorsteps of banks. Now the banks are required to chase the customers; only those banks which are customercentric and extremely focused on the needs of their clients can succeed in their business today.

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Genetics & Evolution