1 ibe-2
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BASAVESHWAR ENGINEERING COLLEGE
DEPARTMENT OF MANAGEMENT STUDIES
PRESENTED BY;
MANJU.P.MUDIYANNVAR
CONTENTS
BANK MEANING
ABOUT THE AXIS BANK PROFILE
NEW TECHNOLOGY ADOPTED BY AXIS BANK
BENEFITS TO BANK
BENEFITS TO CUSTOMERS
CONCLUSION
BANK MEANING
A banker or bank is financial institution who’s primary activity is to act as a
payment agent for customer’s and to borrow and lend the money.
HISTORY OF THE BANK
The first modern bank was founded in Italy in Genoa in 1406 it’s name was Bank of
George.
FUNCTION’S OF BANK
Accepting deposit from public deposits'/other deposits.
Lending money to public (loan).
Transferring money from one place to another place.
acting as a Trustees.
Government business.
Keeping valuables in safe custody.
FACTS AND FIGURES OF INDIAN BANKS SECTOR
Indian banking sectors as 6th rank in the all over the world.
SBI has 6500 + ATM all over the world.
AXIS bank has 3500 + ATM all over the country.
Transaction down through ATM’s around 70,000crore in a year.
RESERVE BANK OF INDIA
Commercial banks Co-operative Banks
Private Banks (31)
Old banks (23)
New Banks (8)
Public sector Banks (27)
SBI and Associations (8)
Nationalized Banks (19)
Urban-co-operative (52)
STATE co-operative banks (16)
Type Public
Industry Banking, Financial service
Founded 1994
Headquarters Mumbai, India
Key people Adarsh Kishore Chairman , Shikha Sharma MD & CEO
Products Credit cards , consumer banking ,corporate banking , finance
and insurance , investment banking ,mortgage loans , private
banking ,private equity , wealth management.
Employees 21,640 (2010)
Website www.axisbank.com
ABOUT THE AXIS BANK PROFILE
NEW TECHNOLOGY ADOPTED BY AXIS BANK
AXIS BANK
ADOPTED NEW
TECHNOLOGYE’S
PLASTIC MONEY
MOBILE-BANKING
E-BANKING
Electronic data
interchange (EDI)
Plastic money is the alternative to the cash
or the standard 'money' we use and is referred to
the credit cards or the debit cards that we use to
make purchases in our everyday life.
PLASTIC MONEY
DIFFERENT TYPES OF CARDS:
1. Credit Card
A credit card is plastic money that is used to pay
for products and services. ; you will pay this 'loan'
back to the institution at a later date.
2. Debit Card (My favorite!) Debit cards are
substitutes for cash or check payments, much the
same way that credit cards are total amount
charged is instantly reduced from your bank
balance.
4.Smart Card - A smart card contains an
electronic chip which is used to store cash.
This is most useful when you have to pay for
small purchases, for example bus fares and
coffee.
CONT……
MOBILE BANKING
Taking advantages of the booming market for
mobile phones and cellular services, several
banks have introduced mobile banking which
allows customers to perform banking
transactions using their mobile phones.
E-BANKING
E-Banking is becoming increasingly popular among
retail banking customers. E-Banking helps in cutting
costs by providing cheaper and faster ways of
delivering products to customers.
1.Electronic funds transfer -
Electronic funds transfer (EFT) is the electronic exchange or transfer of money from one
account to another, either within a single financial institution or across .
2.Electronic Clearing Service-
ECS (Credit) is used for affording credit to a large number of beneficiaries by raising
a single debit to an account, such as dividend, interest or salary payment.
BENEFITS TO BANK Large satisfied customer.
Scope to attract the new customers.
Improve quality and different services.
Greater opportunity to cross sell.
Reduce overall risk with proper MIS.
BENEFITS TO CUSTOMER Time and energy save.
Better awareness of products and services.
Up-to-date information on account.
Low cost of accessing the account.
CONCLUSION
From this presentation I came to know that how technology help to
reduce the work in banking sector and helpful to customers save
there time and money.