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The IUP Journal of Chemistry
Focus

Proton exchange membrane fuel cells that were first used in the 1960s by the NASA for the Gemini program are today considered as the best type of fuel cells as power source for vehicles. Indeed, they are eventually expected to replace the gasoline and diesel internal combustion engines, for they are considered to be compact and of light weight, generating more power for a given volume, their ability to operate at lesser temperatures, and change the power output rapidly. Making them a commercial reality has, however, been delayed due to the non-availability of cheaper and more effective materials for their manufacture. Nonetheless it has generated lot of interest among researchers all over the world. Interestingly, the first article in this issue, "Preparation of Proton Conducting Composite Membranes from Sulfonated Poly(Ether Ether Ketone) and Silicotungstic Acid", talks about synthesizing a series of composite membrane with different amounts of SWA as the inorganic material and sulfonated PEEK as the polymer matrix, and studies their proton conductivity and other mechanical characteristics such as durability, tensile strength, percentage elongation and methanol permeability. The authors, Srinivasan Guhan and Dharmalingam Sangeetha, have found that methanol permeability decreased with the increasing content of SWA. Similarly, tensile property as well as percentage elongation were decreasing with the increasing content of SWA. They have also analyzed the thermal suitability of membrane using TGA technique and found that the membrane was thermally stable up to 250 °C, which is considered to be excellent for the operation in the proton exchange membrane fuel cell. The conductivity values—assessed by impedance spectroscopy—were also found to be good for application in proton exchange membrane fuel cell.

The second article, "Identification and Simultaneous Separation of Six Hydrophilic Therapeutic Vitamins by Micellar Thin Layer Chromatography", describes a novel micellar thin layer chromatographic method developed by its authors, Ali Mohammad and Sameen Laeeq, using 4% aqueous SDS + acetonitrile (1:2, v/v) for simultaneous separation and identification of B-groom vitamins along with ascorbic and folic acids. The new method developed by them was found to be a reliable analytical tool for the separation and identification of hydrophilic vitamins in pharmaceutical formulation.

In the third article, "Interactions in Starch-Iodine Complex: Electrochemical and Spectral Studies", the authors Kaushik Kundu and Kaushik Das claim that though extensive studies were carried out in the past for understanding the nature of starch-iodine complex, they were confined to the familiar blue complex. Hence to understand more about the other complexes that iodine is known to form, the authors undertook fresh studies on the interaction between starch and I2 in aqueous medium in the absence of I_ using cyclic voltammetry and visible absorption spectra. They have found that Blue starch _I2 complex is electrochemically inactive. They have also observed the formation of another complex between starch and uncharged I2 molecule, whose stability constant has been estimated at 2.62.

The fourth article, "Chemical Speciation of Ternary Complexes of Calcium(II) and Magnesium(II) with L-Glutamine and Succinic Acid", by Vajhala L S N Murthy, Kochu Govindan Sudarsan and Gollapalli Nageswara Rao, reports a pH-metric study of the speciation of ternary of Gln and Suc with Ca(II) and Mg(II) in N, N'-Dimethy1 Formamide (DMF)—water mixtures of varying compositions. Their study throws light on the metal availability in biofluids.

The fifth article, "IR and 13C NMR Spectral Correlations in Some Aryl Chalcones", by G Thirunarayanan, R Rajavel, G Vanangamudi, D Kamalakannan, N Kalyanasundaram and S Rohini, reports the correlation analysis of infrared deformation modes of biphenyl and thiophene chalcones with s and s+ constants.

In the last article of the issue, "Taste-Masking and Development of Pediatric Formulation of Nalidixic Acid", the authors Shishu and Kashyap N claim to have successfully developed taste-masking microspheres, using the pH sensitive polymer Eudragit E-100 through solvent evaporation techniques. The authors have also presented the panel data pertaining to taste evaluation by a panel of 20 healthy volunteers and other parameters such as drug content.

-- GRK Murty
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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