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nabard

Banks should be compatible with the global industry reference

The Chief General Manager Thiruvananthapuram Regional Office of the National Institute of Agriculture and Rural Development Bank (Nabard), Mr. Shekhawat Brunswick, said that the problems emerging in the banking sector can not be solved with solutions today.

Delivering his speech at a national seminar on “reforms of the banking sector in the new era” here recently organised by the Institute for the Management of Kerala (IMK), Mr. Shekhawat said that reform was a continuous process. The need of the hour was not perfect, but all the forces of excellence in its efforts to ensure that banks purveyed.

According to him, less than 10 per cent of funds paid by banks on their own, such a situation and asked for more stringent measures if banks in India have participated in international benchmarks in the industry.

Mr. Shekhawat is also trying, fears about loans for agricultural purposes based on the misconception that it is more risky than the industry loan programs. During the next few years, banks should look forward to the restoration increasingly on the requirements of new markets and services, he added.

Mr. Shekhawat took the floor to respond to a number of questions arise in the interactive session in the port.

Others said on the occasion of Mrs. Radha Unni, General Manager, State Bank of India, Kerala Circle, and Mr. Hari Kumar EC, Assistant General Manager, State Bank of Travancore, Thiruvananthapuram.

In his presentation on “The objectives of reforms in India”, Ms. Unni pointed out that in comparison with China, reforms have also been paced. The results were for all to see - and non-performing assets in the Chinese banking system had floated nearly 16 per cent, with comparative figures for India to the tune of more than nine per cent.

Ms. Unni said that future reforms Real Time Gross Settlement (RTGS), electronic billing and cross-selling is important role to play in defining the contours of the international competitiveness of the banking sector profile, which was the start of ‘India.

Mr. Hari Kumar’s presentation resided in detail with the sea, that changes in the banking sector, would be the year 2010. According to him, 50 percent of the time, banks and unproductive was necessary in order to be entitled to expect reorientation, much more important and productive efforts RTGS, multi-Commodity Exchanges (MCXs) interest rate risk d interest and management in order banks, for more competitive and profitable.

The Indian banking sector, he said, would be in a financial supermarket of the global dimension of the year 2010, he added.

Previously, Dr. Mr. Sivaraman, Director, Center for Management Development (CMD) and Dean, Faculty of Management Studies, opened the national conference. He stressed the need to reform the banking sector reach the common man and strengthen his life.

Dr. M.K. Ramachandran Nair, director, IMK, welcomed the Assembly, while Dr KS Chandrasekar, a member of the faculty to submit a proposal for a vote of thanks.

Nabard to 25 pc RUDSET cost of the Institute’s programmes.

The National Bank for Agriculture and Rural Development (Nabard) contributes 25 percent of total spending on rural development of entrepreneurship programs - up to Rs 38 lakh - 12 rural development and vocational training d ‘autonomy (RUDSET) institutions.

The areas covered include Agra, Bhopal, Gurgaon, ghaziabad of Jaipur, Jalandhar, Kannapuram, Madurai, Pune and Vettapalyam.

This was confirmed by the Dharmadhikari Sri Kshetra Dharmasthala, Dr. D. Veerendra Heggade.

He said he had received orders in this regard. Dr. Heggade was chairman of the seminar on the theme of “self-help groups: A step towards self-confidence,” organized by the Sri Kshetra Dharmastala Rural Development Project, Justice KS Hegde Institute of Management, Nitte, and Sri Dharmastala Manjunatheshwara College, Ujire on Friday. Sri Dharmasthala Manjunatheshwara Educational Trust is one of the sponsors of the RUDSET institutes.

The chairman of the Nabard, Ms. Ranjana Kumar, opened the seminar, as well as self-help groups (SHGs) should not be regarded as a grant-loan groups. Instead, they should be developed as the industry. Referring to a study Nabard of 560 SHGs in 11 countries, she said that the formation of SHGs has contributed to the increase in the average number of assets per household, 13 per cent.

All members have SHG schärfte culture of the economy, and most members are outside the agricultural sector. She said that SHGs could succeed, provided credit at the right time interest rates.

Of the problems facing SHGs, she said that the weakness of marketing has hindered their activities. SHGs do, far from distributors and develop their own sales network. Quality and a good network marketing are essential for the success of a product, and SHGs must follow to achieve success in their efforts.

Betonend that the interaction between the SHGs in various fields, she said, it would help develop a model of success. A document on the path of SHGs is also necessary. Although the majority of women have benefited from SHGs, much more to help, she added.

Mr. Vinay Hegde, President of the Nitte Education Trust, and Dr NK Thingalaya, former chairman and CEO of the Syndicate Bank, were present.

Banks should be compatible with the global industry benchmarks.

The Chief General Manager Thiruvananthapuram Regional Office of the National Institute of Agriculture and Rural Development Bank (Nabard), Mr. Shekhawat Brunswick, said that the problems emerging in the banking sector can not be solved with solutions today.

Delivering his speech at a national seminar on “reforms of the banking sector in the new era” here recently organised by the Institute for the Management of Kerala (IMK), Mr. Shekhawat said that reform was a continuous process. The need of the hour was not perfect, but all the forces of excellence in its efforts to ensure that banks purveyed.

According to him, less than 10 per cent of funds paid by banks on their own, such a situation and asked for more stringent measures if banks in India have participated in international benchmarks in the industry.

Mr. Shekhawat is also trying, fears about loans for agricultural purposes based on the misconception that it is more risky than the industry loan programs. During the next few years, banks should look forward to the restoration increasingly on the requirements of new markets and services, he added.

Mr. Shekhawat took the floor to respond to a number of questions arise in the interactive session in the port

Others said on the occasion of Mrs. Radha Unni, General Manager, State Bank of India, Kerala Circle, and Mr. Hari Kumar EC, Assistant General Manager, State Bank of Travancore, Thiruvananthapuram.

In his presentation on “The objectives of reforms in India”, Ms. Unni pointed out that in comparison with China, reforms have also been paced. The results were for all to see - and non-performing assets in the Chinese banking system had floated nearly 16 per cent, with comparative figures for India to the tune of more than nine per cent.

Ms. Unni said that future reforms Real Time Gross Settlement (RTGS), electronic billing and cross-selling is important role to play in defining the contours of the international competitiveness of the banking sector profile, which was the start of ‘India.

Mr. Hari Kumar’s presentation resided in detail with the sea, that changes in the banking sector, would be the year 2010. According to him, 50 percent of the time, banks and unproductive was necessary in order to be entitled to expect reorientation, much more important and productive efforts RTGS, multi-Commodity Exchanges (MCXs) interest rate risk d interest and management in order banks, for more competitive and profitable.

The Indian banking sector, he said, would be in a financial supermarket of the global dimension of the year 2010, he added.

Previously, Dr. M. Sivaraman, Director, Center for Management Development (CMD) and Dean, Faculty of Management Studies, opened the national conference. He stressed the need to reform the banking sector reach the common man and strengthen his life.

Dr. M.K. Ramachandran Nair, director, IMK, welcomed the Assembly, while Dr KS Chandrasekar, a member of the faculty to submit a proposal for a vote of thanks.

Task force for the revitalization of rural cooperatives, credit institutions

Regarding the announcement by the Minister of Finance, the government created a task force to prepare an action plan for the revitalization of rural credit cooperatives. It is also an appropriate regulatory framework and defines its report on October 31, 2004.

The mandate of the Task Force would be: (i) to recommend to implement an action plan for the revitalization of World Rural Cooperative Bank institutions, taking into account, Interalia, the main recommendations of various commissions, in this respect, (ii ) Suggest that a proper regulatory framework and changes that are necessary for in the relevant laws (iii) for an assessment of financial support, that the credit union, a revival of the nature of aid, participate in models And the gradual and (iv) suggest that other measures which contribute to improving the effectiveness and sustainability of the rural cooperative institutions.

The chairman of the Task Force is Professor A. Vaidyanathan, Madras Institute of Development Studies, Chennai. Its members are Shri Rama Reddy, President Sahavikasa Cooperative Development Foundation, Hyderabad, Prof. P Sriram, Indian Institute of Management, Ahmedabad, representatives of the Ministry of Agriculture and Cooperation and government representatives of Orissa, the Government of Uttar Pradesh, the Government of Maharashtra. While Dr Y.S.P. Thorat, MD, NABARD is a member of the secretary, Shri AV Sardesai, Executive Director, RBI, Mumbai and the Legal Officer, Reserve Bank of India, Mumbai are permanent guests of the Task Force.

Micro-finance is afloat rural economies.

Mangalore, April 8. The increase in the micro-finance through self-help groups (SHGs), the prospects for the rural poor, according to D. Prof. Nagabrahmam, director of the Institute for Management TA Pai, Manipal.

The Mangalore University liberation paid by Thursday, provided the profiles Nagabrahmam EC Kamath Memorial Endowment lecture on “micro-finance: a management tool for rural development”, organized by the Faculty of Economics at the University recently.

He said that SHGs, sponsored by the National Bank for Agriculture and Rural Development (Nabard) manages, and especially women, have helped make the economies of the culture of the rural poor. SHGs have been an essential element in the development of rural areas.

Profiles Nagabrahmam emphasized the role of experience in Bangladesh Gramin and Self-Employed Women’s Association in Ahmedabad pioneer in the micro-finance in the concept of rural development.

By referring to the success of dairy farming in India, he said that an effective organization of decentralized production. In the latter, a centralized system for the sale allows the provision of any dairy product anywhere in the country.

The rector, Professor B. Hanumaiah, to preside over the function

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