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Barc

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Submitted By saisandeep
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Why have you chosen to apply to this particular role and why at Barclays? (300 words maximum)
Any company to check the progress depends on the financial analysis. So, I chose Finance for internship in Barclays. Barclays is a Universal company with annual revenues of more than GDP of India, which only few banks could achieve. It has its operations in more than 50 countries and has its presence in almost every division in finance sector. These are few of the reasons that attracted me towards Barclays

Describe a recent development in the banking industry. What implications might this development have for the division to which you have applied? (300 word maximum) * http://economictimes.indiatimes.com/news/economy/finance/rbi-eases-procedure-of-ecb-refinancing/articleshow/41019401.cms http://www.caclubindia.com/forum/ecb-loan-110580.asp#.VFJ--PmUfXo

RBI eases procedure of ECB(external commercial banking) refinancing. It means that borrowers can repay existing debt by raising fresh ECB at lower all-in-cost but subject to the condition that the outstanding maturity of the original loan is maintained.
Now more loans will be available for investors but banks has to be careful that they must be very careful while processing loans as in pursuit of repaying their debts, companies may get into more debts

What do you understand about our Company Values? Give an example of how you have demonstrated one or more of our Values. (300 words maximum)*
Respect, Integrity, Service, Excellence and Stewardship.
Barclays has revenues of 2.12 trillion which is more than GDP of India, clearly depicting its

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