Category Archives: Banking

Banking

Banks at your door step through mobile banking

India is no more lacking in mobile connection as at present it has 900 million connections and out of 900 15%  are smartphones.  Moreover 40%Indians are illiterate and only a small part of the population is English savvy. So it is very difficult for them to communicate with any way of text-based program at all. It is human behavior that we do what we know, and 99% of the time, we make choices within our comfort zone. So if we want customers to use their mobile phones for banking solutions that has a brand new interface, demanding training, it will never be easy to make people understand to use this.

Uniphore discovers that voice-based mobile money system is the maximum transaction solution for Native Indian demographics in such programs; customers simply call the application, verify their identification through Voice Biometrics, then engage with the Speech Recognition system to request and complete their deal. Voice programs can run on any basic feature phone, and they can be utilized in any and all Native Indian ‘languages’. Because this application is available in the native language so they can use the program to manage in the way they want and in quantities that they are relaxed with.

Uniphore’s Enterprise Mobility solution gives power to banks to provide their customers with the versatility and comfort of handling their financial situation from any cell phone at any time. They proceed by navigating the wide selection choices by discussion with the program. With the help of this system, the client can access the information or service he requires in no time, handling expenses, money exchanges and other services from any place. .You can transact almost all banking businesses with your voice as the password. Mobile banking can be very beneficial from both perspective be it a bank or customer.

Uniphore’s Mobile Voice Banking Solution for companies:

Increase client involvement:-  because the accessibility in native language customer are more  loyal. According to a survey people who find the process of transaction easy through mobile are more likely to recommend their bank to a friend.

Increase consumers and turnover:–  as the application is compatible with any basic phone or Smartphone and easy to navigate so  more customers are like to adhere  that results in the  increased revenue of  an enterprise.

Reduce scams through high-security Speech Authentication:– Mobile phone can be missing or thieved, and PINs are often neglected or affected.  But the unique combination in Enterprise Mobility makes it difficult to imitate a speech or gain fake verification – thus ensuring security on the program.

Enhance functional effectiveness through solid tracking and statistics of mobile transactions

Today, rivalry for business and authority in the banking industry is more extreme than ever. To win and fulfill customers’ need, banks must provide potentiality of service access through programs that are at the same time protected and convenient. Uniphore’s mobile banking solutions are the best solution for the banking sector and for customers too.

 

 

Uniphore is an expert writer who mainly writes on Enterprise Mobility  matters. In this article he is mainly explaining on Mobility Software  and has proved to be successful in doing so.

Banking

Banking stocks ? SBI and Axis bank on NSE

 

Look back at the year 2012 and consider the performance of banking stocks. Do you know the Indian bourses saw an uptrend by several percentage points owing to excellent feat by banking stocks followed by the automobile sector? Yes, bank stocks were the best performers in sensex with a return of 55 percent, an almost similar feat exhibited in the nifty as well.
 
The honcho in the Indian banking industry is undoubtedly State Bank of India. Ever since its inception, it has been dominating its segment. Statistics reveal this govt. banking firm accounting for nearly 20 percent of the Indian banking system’s deposit base besides getting almost 20 percent of the credit portfolio. Volatility of the market does affect banking stocks and SBI on NSE is no exception. Though a dominant player, it still projects a big price change difference week after week. According to the last 52-week price change dynamics, SBI NSE stock price was perched lowest at Rs. 1802.30 and highest at Rs. 2551.70.
 
State Bank of India’s 3rd quarterly results will be declared in February. Its second quarterly results failed to whip up support amongst investors given their high expectations. Net profit increased by 30 percent at Rs.3,658.14 crore from Rs.2,810.43 crore during the same quarter the previous year. With investors again positively hoping, SBI NSE stocks are seeing trending. It is to wait and watch till the quarterly results are declared. For long term investment these stocks are a good bet, but for intra-day trading, it is risky, which is applicable for all stocks irrespective of the segment. The investor should follow a very cautious approach, keeping a close watch on sector performance, the day’s low-high price statistics, difference between bid and offer price, and related paraphernalia in order to experience a win-win situation.
 
Axis Bank on NSE is performing like any other banking stocks. The third best performer amongst the top ten banks in India, the private bank registered 22.22 percent rise in its net profit at Rs 1347.22 crore for third quarter ending December 31, 2012. During the same quarter a year ago, profits were at Rs 1102.27. Total income increased by 19.06 percent. So, there are reasons why you should invest on Axis Bank NSE stocks. According to the last 52-week performance statistics, price of Axis Bank NSE stock was perched lowest at Rs.922 and highest at Rs. 1516.05. As aforementioned, be cautious if you are investing for the short term.
 

 

Banking

Punjab National Bank Promoting Technology in Banking

PNB (Punjab National Bank) topmost rankings holder Indian bank began its great journey in 1894.  Currently, it is holding an enviable position of being at third place by assets; and second largest state owned commercial bank. Its 37 million customers are happily sharing its success story that is availing flawless services through 5000 branches sprawling in 764 cities. Apart from its operations in India, bank is operating in other countries as if it has banking subsidiary in UK, branches with Dubai, Hong Kong and Kabul and has representative offices in Almaty, Shanghai Dubai, and Oslo.    

The bank enjoys a prestigious status of being banker Important Indian political personalities. It started with its operations in Lahore and finally reached this stage.  Currently one can avail its quality banking services in its different braches as well as online. The services include details like internet banking, loan applications, mobile banking, bill payments, e- tax payments, money transfer, security alerts PNB – NRI remit, share trading and others.  One can find all details related to these services available online. The customers can visit the site and can compare the details accordingly.  

One can find it rich assistance in different banking sectors like social banking, personal banking, Agricultural banking, corporate banking, International banking/ NRI, MSME banking,  and other financial services. The different banking field details can know by visiting this site. Just go for details available online and avail the best one.  

Availing loans from the banks is quite easy and simple. One can avail loans at most reasonable interest rates.  One can find all details pertaining to different interest rates and can compare them with the best. One can avail its EMI calculator also, which can guide them to plan their different EMIs.  

To get the different branch locations, one can use atm finder services.  The service will provide the desired results and will help them in finding details accordingly.  One can avail all latest features offering credit cards, which will provide ample assistance to all.  

PNB net banking is also great help to all its customers. One can avail details regarding its netbanking facility and can enjoy better response from it.  The use of ifsc code also makes the banking transaction very useful and smooth for them. There is no dearth of banking services and one can vouch for PNB once they start using it.  

It’s offering corporate users digital certificate facility which helps in ensuring better and smooth business transactions. For more details related to its different customer’s policies, one can enjoy great assistance with its online facilities.  

The customers can avail its customer care services and can look forward for further assistance. One can avail all rich assistance regarding its different services and can make their optimum use. PNB offers its clients rich assistance through its online customer care services and one can avail toll free services.  

Apart from its quality services, Punjab National Bank is providing immense assistance in the different field of employment in their banks. Different branches are offering great opportunity to all aspirants who can join here as clerks and probationary officers and can grow to heights with it.

Welcome to recruitment4all.in. Find all the latest recruitment details from all over the India. Explore Recruitment 2013, Recruitment in India, PNB Recruitment 2013 and much more.

Banking

ICICI Bank Adds New Mobile Banking Services

ICICI Bank Ltd, India’s largest private sector bank announced launch of exclusive services on its mobile banking platform. The bank now boasts of widest range of mobile banking services for its customers. ICICI Bank customers can now sms IMPS to 9222208888 – from their mobile phones and transfer funds instantly and round the clock. This is facilitated using the Interbank Mobile Payment Service (IMPS). In another new service launched this year, ICICI Bank has enabled its customers to recharge any prepaid mobile phone in 3 simple steps, just by sending an sms MTOPUP to 9222208888.

Customers can also avail these services of Instant Fund Transfer and Prepaid Recharge by dialing *525# from their mobile numbers registered with the bank.  This option of *525# is currently available for the customers on select operator networks only.

As extension of the *525# service, customers can now pay their insurance premiums by simply dialing *525*11#. Currently this service is available for ICICI Life Insurance customers. The Bank plans to add more insurers soon.

With the launch of these services, ICICI Bank continues to stay ahead in adopting latest technology innovations for customer convenience. Its flagship mobile banking application, iMobile, launched in 2008 and available for iPhone, Android, Blackberry, Symbian and other major mobile platforms, now also allows customer to book tickets – rail, air and movies – through their phones. More details are available on the bank’s website www.icicibank.com

The Bank has also been a front-runner at promoting and implementing the Interbank Mobile Payment Service (IMPS). Over 16.5 million customers of the Bank have been issued their MMIDs (a 7-digit number required to receive money through IMPS). The communication technology used for mobile payments ensures that no data is stored in customer’s phone and data transfers are adequately encrypted to prevent risks of misusages. These services can be accessed from all kind of handsets- basic phones as well smart phones.

Mr. Rajiv Sabharwal, Executive Director ICICI Bank said “ICICI Bank has always focused at customers by making banking products safe and convenient.  The bank will continue to offer similar services which are safe and simple to use for millions of our customers who may not have access to internet. IMPS is poised to revolutionize the payments landscape. He further added that there is a greater need for interoperability to make cheques and even cash redundant in the next 3 to 5 years and IMPS will be a convenient instrument for payments and collections even for businesses”.

Mobile Banking Services in India – ICICI Bank is India’s second-largest bank with total of Rs. 4,062.34 billion (US$ 91 billion) at March 31, 2011 and profit after tax Rs. 51.51 billion (US$ 1,155 million) for the year ended March 31, 2011. The Bank has a network of 2,548 branches and about 7,440 ATMs in India, and has a presence in 19 countries, including India.

Banking

Banks Away from Home: A Basic Guide to Offshore Banking

Most people have a misconception that offshore banking involves making transactions with any bank outside the country. However, offshore banking is actually exclusive to certain banks in other countries that provide extra benefits for foreign investors, putting great emphasis on the security and privacy of their clients. Other nations created offshore banking for foreign countries to help develop their economy and cut down unemployment rates. Anybody can be qualified to do offshore banking, provided that there’s no tax evasion or lawbreaking involved.

If you compare offshore banking to conventional banking, you’ll notice that both share a lot of similarities. They both have checking and savings accounts, they allow you to use credit cards, they can approve loans and other financing options such as mortgages, and you can even save your money as time deposit. However, unlike local banks, most offshore banks are linked to financial centers in their respective countries. The amount of minimum deposit for different banks can range from as low as a few hundred dollars to around 10,000 dollars or more.

One of the biggest reasons why many people prefer offshore banking is the added security and privacy of information. There are far less people that are interested in your information offshore than in the country; that alone keeps your money a lot safer than it is in a local bank. Aside from that, most offshore banks are based in countries with lower tax rates, so you get to save more in the long run.

Of course, as with most things, dealing with an offshore banking bank requires caution. One of the most popular misconceptions regarding offshore banking is that you can avoid tax laws. You are required to report your bank account if it has over 10,000 dollars in it. Of course, one of the best things you can do to make sure your money is safe is to consult a financial expert on a regular basis.

When choosing an offshore bank, you need to check the financial center linked to the bank. Make sure that the majority of the member or stakeholders are solid; otherwise, the group might collapse with your money in their hands. Of course, it’s always better to choose established offshore banks rather than those in the beginning phases of offshore bank formation.

Finally, doing business with an offshore bank Bahamas or any country has involves a lot of cash. Apart from the stability of the bank, ensure that it is legitimate too.

If you have questions, please visit us at www.immediatecapital.com for complete details and answers.

Banking

UCO Bank is the Best Option in Banking Services

UCO bank was formerly known as United Commercial Bank. This bank is a brain child of Sri. Ghanashyam Das Birla, who was an industrialist. This came to be established as United Commercial Bank in 1943 with head office at Kolkata.

UCO bank became a nationalized bank along with other banks in 1969 by the Government of India. The name was changed from United Commercial Bank to UCO bank in 1985 by an act of Indian Parliament. This was because a Bank with the same name exited in Bangladesh. This caused problems with international banking, which was the reason for changing the name of the Bank. At present the bank has more than 2200 branches and four overseas branches. All the banks with established clientele would require IFSC Coding. UCO Bank IFSC Code is helpful in making Electronic transactions. IFSC code is a must for any NEFT, RTGS and on line banking transactions. The IFSC codes of all the branches of UCO bank are available on the internet. The bank offers all the facilities to the customers like savings, loans and deposits. There are Savings Bank accounts, Current Accounts, various deposit options available. The bank lends loans for housing, personal, vehicle, education and other purposes. The bank has mobilized good amount of deposit and has a very good client following. The service provided by the bank is good. It has branches at all major places in India to cater to the needs of its clients. There are different offers on deposit schemes and ensures good interest rate for the deposits. UCO bank is providing very good service to the citizens and UCO Bank IFSC Codes are making transactions easier for the customers. With all the facilities on hand, it is one of the leading banks in India.

UCO border was formerly known for the reason that tied money-spinning side. This count is a brain child of Sri. Ghanashyam Das Birla, who was an industrialist. This came to be confirmed as unitedcommercial border in 1943 with leader place of work at Kolkata. UCO edge became a nationalized boundary in line with other banks in 1969 by the Government of India. The name was corrected fromcoupled gainful bank to UCO rely in 1985 by an act of Indian legislative body. This was since a bank with the same name exited in Bangladesh. This instigated difficulties with broad-based banking, which was the bring about for varying the name of the edge. At existing the bank has more than 2200 branches and four overseas branches.

 All the banks with introduced associates would call for IFSC Coding. UCO edge IFSC Code is effective in making Electronic transactions. IFSC code is a require for any NEFT, RTGS and on domain banking transactions. The IFSC codes of all the branches of UCO perimeter are available on the internet. The side give all the amenities to the viewers require savings, loans and deposits. there are Savings boundary files, contemporary causes, various coatingpreferences offered. The depend lends loans for space, privileged, automobile, education and other reason. The side has mobilized best degree of deposit and has a very respectable client following.

Theprovision presented by the count is genuine. It has branches at all top points in India to provide the needs of its patrons. there are different put forward on deposit schemes and guarantee correctspecialization price for the deposits. UCO depend is granting very decent benefit to the public and UCO border IFSC Codes are constructing transactions easier for the viewers. With all the provisionson hand, it is one of the major banks in India.

For more information on UCO Bank, check out the info availables online; these will help you learn to find the UCO Bank IFSC Codes!

Banking

The Benefits of Banking with Modernized Andhra Bank

The trend on money transfer via internet banking has become very common in the banking field. In modern time the secured and modified internet banking system of every bank, allows the users to access their accounts with the assurance of cyber security. All the users need to do is follow the guidelines properly in order to enjoy the uninterrupted banking solutions. If you are the customer of Andhra Bank and you want to use the digital banking services for your banking operations, which are offered by this bank then there are the important advices.

 

If you want to transfer funds or want to receive funds in your Andhra Bank account by using any of the internet or mobile banking options, then all you need to douse your unique id and password on internet banking if you are doing it with your internet account and then enter your account. From where you can transfer or receive funds via your Andhra Bank IFSC Code, which is allotted to you by the bank. The information about the IFSC Code is given in your cheque book and if you feel any trouble in identifying this then you can contact the helpline service of this bank for further guidance.

 

The use of your Andhra Bank IFSC Code will let you enjoy the trouble free transfer as it ensures the secured transfer of money. These all sorts of developments, which have taken place in the modern baking system has enabled the users to enjoy the hitch free banking and they do not need to visit for any little or big transaction as they can do it directly through the official website of the modernized banks. Same goes in the functioning of Andhra Bank, as it is the fully automated branch serving its account holders with delighting banking services.

 

 

The phenomenon on finance appointment via internet banking has become very joint in the banking topic. In high-tech celebration the protected and adapted internet banking form of every depend, allows the customers so as to right to use their reasons with the assurance of cyber guarantee. All the users need in order to do is adhere to the tips perfectly with the intention of take pleasure the uninterrupted banking answers. If you are the clients of Andhra count and you want to arrange the digital banking assistance for your banking procedures, which are presented by this rely then there are the centraladvices. If you feel like so as to transmit funds or feel like to acquire pocket in your Andhra depend picture by using any of the internet or mobile banking selections, then all you need so as to douse yourdistinctive matchless id and password on internet banking if you are doing it with your internet record and then gain entry your portrayal.

 

 

From where you can relocation or acquire financial plan via your Andhra bank IFSC Code, which is chosen to you by the edge. The detail about the IFSC Code is proffered in your cheque reserve and if you consider any difficulty in identifying this then you can phonethe helpline assistance of this border for further support. The place of your Andhra rely IFSC Code will let you take pleasure the simple passing on as it guarantee the safe appointment of expense. These all forms of developments, which benefit from taken insert the fashionable baking means has enabled the users to relish the hitch clear banking and they do not need so as to drop in on for any little or bigagreement as they can do it directly through the certified site of the modernized banks. Same goes in the operative of Andhra side, as it is the completely totally automated component assisting its reportholders with delighting banking amenities.

For more information on Andhra Bank, check out the info available online; these will help you learn to find the on Andhra Bank IFSC Code!

Banking

Central Bank of India a Stable Career in The Industry of Banking

The primary reason for various attractive careers in several organizations is the availability and presence of various jobs. When the offers are not narrow, people can get into different posts into an organization. They can put their applications and can be naturally drawn towards it. Banking is such a sector where an interested candidate can work at various posts according to his eligibility criteria and his educational qualification. Out of various banks, the public sector or the nationalized banks have a very good attractiveness. There is a very high demand for the Central Bank of India recruitment. Jobs are accepted as per the capability and eligibility.

The operations of Central Bank of India were first started in the year 1911 and later this bank came into being. The banking needs of the people have been served since over a century. The bank has its headquarters in Mumbai. The number of branches of this bank is 3563. It has 270 extension branches as well. The number of branches is vast and is having a widespread presence. It gives rise to increasing need of personnel and manpower for carrying out various functions. Also, the functions have expanded to a great extent. These functions are involved with the bank. These include the loan facilities as well as the mutual funds.

There has always been a requirement of trained and skilled professionals for performing these functions and for being posted according to various capacities. There has also been a rising need for office staff for looking into the daily work within the office premises. On the whole, there has always been a significant rise in the Central Bank of India throughout the country. Ample opportunities are given to the residents of the country for building a stable career in the industry of banking.

There is always a requirement for specialist officers for handling various functions of the bank. They are required in various departments such as mutual funds, loans, insurance schemes, other investments and various other day to day banking needs such as fixed deposits, withdrawals and deposits. The selection of these officers is done through the bank PO exams. These are conducted by the banks on a regular basis. A good opportunity is given to the aspiring candidates for starting prosperous careers.  The exams for Central Bank of India recruitment are held every year by the Central Bank of India. Thousands of vacancies are published. There are several candidates as well. Many people prefer these posts mainly due to the good pay, working without tension and a stable life. There has been an appearance of thousands of applicants in bank clerical exams every year. All of them try their luck and prepare very hard for the examinations.

Under the Central Bank of India recruitment, there are various other posts such as manager-technical, chief manager and assistant managers. They are published from time to time for various interested candidates. Through the recruitment process of Central Bank of India, many opportunities are created for the candidates. They can earn their livelihood in a very peaceful manner.

SarkariExam is the first job Portal in India dedicated to provide details of all Government Jobs. Explore sarkari naukri, bank jobs, central bank of india recruitment and much more.

Banking

Get All the Latest Banking News on Bank Jobs

You are one who wishes to keep yourself update with all banking news because there may be something in you for which you want to keep such a close watch on banks. To learn about the banks and banking news you need to check the webpage of bankingonly.com. This is the place to learn all new things about banks. You will find information from bank loans to interest rates and also the new RBI guidelines and rules for banks.

As the name suggests this webpage is something where you will get all news regarding banks. The bank market shares, the rise and fall of rupee value, the banking deals and much more about the banks are all discussed and notified at this webpage. Bnakingonly has been around for few years and it tries to point out each and everything related to banks. The source is also useful to people who are in the lookout for bank jobs.

The bankingonly will lead you to the major banks or also the small local banks of the states likely grameen banks to tell you about the news and new things happening in these banks. Moreover it brings in the latest news of employment, vacant positions and recruitment drive of the banks. In short this is the most pleasant site to find all information regarding banks and banking related affairs.

Banking is one of the safest professions you can hope to get into. Jobs are aplenty, plus, banking jobs always look impressive in the resume.

Banking is one of the fastest growing sectors with lots of scope for employment. While recent mergers between banks mean a lesser number of manager level jobs, entry level banking jobs keep opening up. The salary is good and if you are ready to take on the responsibilities that they come with, here is how you can get started.
 

The author is a financer and deals in financial solutions and suggestions. To learn more about  Banking Jobs and Interest Rate visit www.bankingonly.com