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Portfolio Organizer


June '09
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Savings Pattern and Investment Preferences of Individual Households
Is This Rally Sustainable?
Dancing to Global Cues
ICICI Bank: Preserving the Legacy During the Crisis
The New Pension Scheme: For the Employees of the Private and Unorganized Sector
Portfolio Protection and Portfolio Insurance: An Overview
Pledged Shares: Under Vigil
Disgraced Owner and Baffled Watchdog: A Chaotic Aftermath
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Savings Pattern and Investment Preferences of Individual Households

-- Ch Krishnudu and G Ramakrishna Reddy

Over the last few years, the savings and investment patterns of the household sector has been shifting. This article analyzes the investment objectives, preferences and patterns of individual households and studies the effect of various socioeconomic factors on these aspects.

Article Price : Rs.50

Is This Rally Sustainable?

-- VDMV Lakshmi

The BSE Sensex started a northward journey to reach more than 12,000 points during the first week of May 2009 from the level of around 8,000 points during March 2009 and provided a return of approximately 50% within a span of two months. However, all the market participants are wondering if this upward rally will be sustained.

Article Price : Rs.50

Dancing to Global Cues

-- Prabhat Kumar Sahoo

The theory of decoupling suggested that emerging markets have broadened and deepened to a point where they no longer depend on the US for growth, leaving them insulated from a recession in the US. This article examines if this adage holds good in the wake of the global financial crisis. It specifically examines if the performance of the Indian stock market index is `decoupled' from the major global indices.

Article Price : Rs.50

ICICI Bank: Preserving the Legacy During the Crisis

-- M Bhaskar and P Padmaja

ICICI Bank, founded way back in 1955, has grown phenomenally in the last decade. In the context of the organization witnessing a leadership change, this article analyzes the issues that the new management will have to grapple with.

Article Price : Rs.50

The New Pension Scheme: For the Employees of the Private and Unorganized Sector

-- Vidya Sekhri

Citizens of India will now have an option of securing their post-retirement life with the New Pension Scheme established by the Government under the Pension Fund Regulatory and Development Authority (PFRDA). The scheme has come into effect from May 1, 2009. This article focuses on the features of the scheme, its viability, benefits, architecture and its regulatory structure.

Article Price : Rs.50

Portfolio Protection and Portfolio Insurance: An Overview

-- NR Parasuraman

Portfolio insurance and portfolio protection involve a wide variety of strategies used to control investment risk in portfolios of various asset classes. By following these strategies, investment managers can mitigate the market risk without cutting off the ability of the portfolios to participate in the market upswings and add value.

Article Price : Rs.50

Pledged Shares: Under Vigil

-- T Jyotsna

Sebi's norms on mandatory disclosure of pledged shares by the promoters of listed companies are hailed by many, for they would impart greater transparency in the Indian markets.

Article Price : Rs.50

Disgraced Owner and Baffled Watchdog: A Chaotic Aftermath

-- VDMV Lakshmi and Vrunda Shah

From the bidding process adopted by the new board of Satyam Computers, it is clearly evident that our market regulator, SEBI, has ignored the interests of the public shareholders in an attempt to find a buyer for the company.

Article Price : Rs.50

 
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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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