...Janata Bank Janata Bank Limited (JB) is the second largest commercial bank in terms of net worth with 904 (of which 4 is in the UAE) branches and fully owned by Government of Bangladesh. The mission of the bank is to actively participate in the socio-economic development of the nation by operating a commercially sound banking organization. The Bank provides all kinds of commercial banking services to its customers including accepting deposits, extending loan & advances, discounting & purchasing bills, remittance, money transfer, foreign exchange transaction, guarantee, commitments etc. The principal activities of its subsidiary are to carry on the remittance of hard-earned foreign currency to Bangladesh. Janata Bank Ltd. has a plan to switch over to a multidisciplinary financial institution by conducting Merchant Banking business and Islamic Banking operation. Immediately after the independence of Bangladesh in 1971, the erstwhile United Bank Limited and Union Bank Limited were nationalized and renamed as Janata Bank. Janata Bank is a pioneer when it comes to Information Technology but the current scenario is very disappointing. Janata bank first installed its server in the year 1968, even before the independence, under its parent company. But till 1990, no further initiatives were taken. IT Resources: Information Technology Division: It is very significant to adapt with the ongoing information technology revolution to provide faster services to the clients. In...
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...REPORT * 2 ABOUT JANATA BANK LIMITED * 2.1 VISION OF JANATA BANK * 2.2 MISSION OF JANATA BANK * 2.3 OBJECTIVES OF JANATA BANK * 2.4 VALUES OF JANATA BANK * 2.5 BUSINESS PHILOSOPHY OF JANATABANK LTD. * 2.6 THEIR LONG TERM STRATEGY * 2.7 BUSINESS AREAS OF JANATA BANK LTD. * 2.8 ORGANIZATIONAL STRUCTURE OF JANATA BANK * 2.9 History of the Bank * 2.9.1 Functions of the Bank * 2.9.2 Branch network * 2.9.3 Management system * 2.9.4 Products and Services * 3 Introduction: * 3.1 FUNCTIONS OF GENERAL BANKING: * 3.1.1 Documents to be obtained for different types of account: * 3.1.2 Remittance Section: * 4 Foreign Exchange * 5 Guarantee * 6 Bank’s liability: * 6.1 Fiscal incentives: * 6.2 Financial incentives: * 7 Remittance * 7.1 Interest received from Loan for the last 3 years * 8 BIBLIOGRAPHY * 10 Conclusion: CHAPTER 1 Introduction 1.1 Introduction Generally by the word "Bank" we can easily understand that the financial institution dealing with money. But there are different types of banks like Central Banks, Commercial Banks, Savings Banks, Investment Banks, Industrial Banks, and Co-operative Banks etc. But when JBL use the term "Bank" without any prefix, or restriction, it refers to the Commercial banks. Commercial banks are the primary contributors to the economy of a country. So JBL can say Commercial banks are a profit-making...
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...administration and laborers. * Formulation of policy for the improvement of business policy. * In performance evaluation of a business unit internship program is most significant. * Comparing or determining then extent applicability of systems or methodologies of various business disciplines. * Identify or direct barriers and changes to bring success of business unit. * Knowing about method of correction of errors, formulation of co-operatives. 1.2 SCOPE OF INTERNSHIP PROGRAM: Scope of the study can be described in terms of two grounds like: Organizational Scope: I worked in some important departments of Janata Bank Ltd. Hatem Khan Branch Rajshahi. I could not get the opportunity to work in foreign exchange department. I gave my all customers service in Janata Bank. Periodical Scope: My practical orientation in Bank started from the beginning dated 3rd May to 2nd June. The total duration of program was 4 weeks. 1.3...
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...Trade Management & General Report on Janata Bank Limited Submitted to : Lecturer Habibullah Bahar College Submitted by : Arifin Ahmed Shuvo Honors 2nd Year Session : 2009-2010 Roll no : 9615167 Registration no : 1649908 Department of Management Habibullah Bahar College, Dhaka. Submission Date : 25th March, 2013 1.1 Introduction of the Study The primary purpose of this report is to get an idea about the operations of Janata Bank Limited, a second-generation bank of the country and make an industry analysis on the banking sector of Bangladesh. Banks are profit – earning concern. The ‘word “Bank” refers to the financial institution deals with money transaction. Banks collect deposits at the lowest possible cost and provide loans and advances at higher cost. The difference between two is the profit for the bank. Commercial banks are the primary contributors to the country. The revenue earning sources of banks are mainly loans and advances. The credit facility can be of two types: funded and non-funded. Funded credit can be expensive for the banks, as the bank has to pay interests. Non-funded credit includes Letter of Credit, which is the main source of income for the foreign exchange business. If a bank can increase its import and export transactions, its profit will obviously reach a higher level, as the costs are negligible. This report is an attempt to reflect the position of Janata Bank Limited in the banking industry procedures...
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...Exchange” of Janata Bank Limited. Foreign exchange plays an important role in the balance of trade in our economy. In this regard Foreign Exchange of Bangladesh, Banks plays an vital role. The word “Bank” refers to the financial institution, which deals with money transaction. This report is an attempt to reflect the position of Foreign Exchange of Janata Bank Limited side by side Bangladesh. 1.2 Origin of the Report BBA program is designed with an excellent combination of theoretical and practical aspects. As the classroom discussion alone cannot make a student perfect in handling the real business situation, so it is an opportunity for the students to know about real life situation through this internship program. This internship program provides the students to link up their theoretical knowledge with practical fields. In this connection, I was assigned to Janata Bank, Elephant Road Corporate Branch, foreign exchange department for my practical orientation. I am required to prepare an internship report under the supervision of our honorable teacher M. Sadiqul Islam on “Foreign Exchange Management of Janata Bank Limited” to conduct a depth analysis on this subject matter. I have tried my level best to present my experience of the practical orientation in this report. 1.3 Objectives of the report 1.3.1 Broad objective The primary purpose of this report is to get an idea about the management of and Foreign Exchange of Bangladesh as well as Janata Bank, and make an...
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...OVER VIEW OF THE BANK Janata Bank Limited, one of the state owned commercial banks in Bangladesh, has an authorized capital of Tk. 20000 million (approx. US$ 250 million), paid up capital of Tk. 11000.00 million, reserve of Tk.17234 million. The Bank has a total asset of Tk. 508567 million as on 31st December 2012. Immediately after the emergence of Bangladesh in 1971, the erstwhile United Bank Limited and Union Bank Limited were renamed as Janata Bank. On 15th November, 2007 the bank has been corporatised and renamed as Janata Bank Limited. Janata Bank Limited operates through 892 branches including 4 overseas branches at United Arab Emirates. It is linked with 1202 foreign correspondents all over the world. The Bank employees more than 15(fifteen) thousand persons. The mission of the bank is to actively participate in the socio- economic development of the nation by operating a commercially sound banking organization, providing credit to viable borrowers, efficiently delivered and competitively priced, simultaneously protecting depositors funds and providing a satisfactory return on equity to the owners. The Board of Directors is composed of 13 (Thirteen) members headed by a Chairman. The Directors are representatives from both public and private sectors. The Bank is headed by the Chief Executive Officer & Managing Director, who is a reputed banker. The corporate head office is located at Dhaka with 10 (ten) Divisions comprizing of 38 (thirty eight)...
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...General Banking System of Janata Bank Ltd August 31, 2012 | Author: MD. Musawir Hasan | Posted in General Banking Table of Contents 1 INTRODUCTION 1.1 OBJECTIVE OF THE STUDY 1.2 METHODOLOGY OF THE STUDY 1.3 IMPORTANCE OF THE STUDY 1.4 LIMITATION OF THE STUDY 1.5 PURPOSE OF THE REPORT 2 ABOUT JANATA BANK LIMITED 2.1 VISION OF JANATA BANK 2.2 MISSION OF JANATA BANK 2.3 OBJECTIVES OF JANATA BANK 2.4 VALUES OF JANATA BANK 2.5 BUSINESS PHILOSOPHY OF JANATABANK LTD. 2.6 THEIR LONG TERM STRATEGY 2.7 BUSINESS AREAS OF JANATA BANK LTD. 2.8 ORGANIZATIONAL STRUCTURE OF JANATA BANK 2.9 History of the Bank 2.9.1 Functions of the Bank 2.9.2 Branch network 2.9.3 Management system 2.9.4 Products and Services 3 Introduction: 3.1 FUNCTIONS OF GENERAL BANKING: 3.1.1 Documents to be obtained for different types of account: 3.1.2 Remittance Section: 4 Foreign Exchange 5 Guarantee 6 Bank’s liability: 6.1 Fiscal incentives: 6.2 Financial incentives: 7 Remittance 7.1 Interest received from Loan for the last 3 years 8 BIBLIOGRAPHY 9 Findings 9.1 Possible Measures 10 Conclusion: INTRODUCTION Today’s fast growing companies need business banking services that fully meet their expectations for speed, convenience, efficiency and security. To ensure their optimum level of satisfaction, regarding their necessity for this type of affluent banking services different types of local as well as multinational banks are coming up with diverse and dynamic corporate banking services. The term “Bank” originally referred to...
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...Department of Management Studies Jagannath University, Dhaka. Submitted By: Md.Emam Uddin Roll: 090202106, Reg:122905 Section: B, session:2009-10 Department of Management Studies Jagannath University, Dhaka. Jagannath University, Dhaka Date of Submission: 30-06-2013 Table of Content |Chapter |Title |Page No | | |Letter of Submission |i | | |Certificate of Supervisor |ii | | |Certificate of Bank |iii | | |Acknowledgement |iv | | |Executive Summary |v | |Ch - 1 |Introduction |9 | | |1.1 Introduction of the Topic | | | |1.2 Objectives of the Study ...
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...Bangladesh Bangladesh is important to world energy markets because of its large potential natural gas reserves. Bangladesh's location near India, plus southeast Asia, also makes it a potentially important regional energy trading hub. Note: information contained in this report is the best available as of February 2002 and can change. GENERAL BACKGROUND Bangladesh has received more than $30 billion in disbursed grant aid and loans from foreign donors (including the World Bank, the Asian Development Bank, the U.N. Development Program, the United States, Japan, Saudi Arabia, and Western Europe) since its independence in 1971, but remains one of the poorest and most densely populated countries in the world. Bangladesh historically has run a large trade deficit, which it finances largely through foreign aid and remittances from the many Bangladeshi workers abroad (largely in the Persian Gulf region). Overall, foreign aid provides Bangladesh with around 40% of government revenues and 50% of foreign exchange. The World Trade Organization (WTO) has stated that Bangladesh's main problems include civil unrest and political instability, natural disasters, and inadequate infrastructure. Bangladesh is primarily agricultural (around two-thirds of the labor force and 35% of the gross domestic product -- GDP), although urbanization is proceeding rapidly. This heavy reliance on agriculture makes Bangladesh vulnerable to natural disasters such as cyclones, floods, and droughts, as well...
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...Human Resource Management Practices in Janata Bank Limited: A Study on Dhaka University Campus Corporate Branch Salma BBA Program 2014 (17th Batch) Roll No: 109 Supervisor: Dr. Mohammad Thoufiqul Islam Associate Professor Department of Management Faculty of Business Studies University of Dhaka Date of Submission: 28th February, 2015 1.1 Introduction The concept of HRM became popular in the early 1980s; since then there has been increasing interest in the academic concept as well as in the research area. Early models of HRM were largely conceptual and not based on substantial empirical evidence for their validity (Beer, Spector, Lawrence, Miles & Walton, 1984; For burn, Tichy & Devanna,1984; Guest,1989). Human Resources (HR) are considered as the most important assets of an organization, but very few organizations are able to fully harness its potential (Ahmed & schroeder, 2002). Human resources system is a distinct but interrelated activities, functions and processes that are directed at attracting, developing and maintaining or disposing firms’ human resources (Lado & Wilson, 1994). Human resources in other words, well informed capable citizenry can improve the total ability of an organization, a society, a government agency and virtually of a country, of a nation (khan, 2003). Human resources are the most important assets of an organizations because without them the business functions such as managing cash flow, making business...
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...Marketing Strategies of Pharmaceutical Company: A Study on The ACME Laboratories Ltd. Abstract In the modern world, Bangladesh’s pharmaceutical industry plays a vital role. For pharmaceutical company there are some limitations on product promotion through the mass media, such as radio, TV and/or News paper. Thus, the total marketing system depends on marketing team. This paper presents the findings of the study conducted on the ACME Laboratories Ltd. to examine the marketing system. This study reveals that the ACME Laboratories Ltd.’s products are consumed allover the country and also globally. Their motive is to maintain the quality of the product to cope up with the existing competition. Their objective is to treatment the disease, they also set a reasonable price by considering the middle class people to get some benefit from the ACME Laboratories Ltd. They follow all possible distribution channels to make their product available to the customers and at a comfortable place. The ACME Laboratories Ltd. has also endeared to strength its network in international marketing operation to export products abroad. The company provides some motivational tools to the internal sales team. The company provides fringe benefit to these people. It is the most successive tool for the company. From the study we find that the ACME Laboratories Ltd. is a socially responsible company, and practice ethical values. From the study it has appeared that the ACME Laboratories Ltd. is facing some minor...
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...Congress System and It’s breakdown After independence and before 1967, the Congress was in a dominant position and this period normally referred as a “Congress Dominated System” or “Congress System”. Congress was a dominant force under the leadership of a majestic personality like Nehru and formed governments in centre and in most of the states. After the demise of Nehru, the Congress System started breaking up because of the fights between internal factions and power ambitions. This essay is an attempt to study the reasons behind break down of the congress system. Breakdown of Congress System Congress dominance started crumbling from the mid of 1960s. Fourth general election held in 1967 saw a fall in congress vote share and seats. The party system which emerged from this general election and till 1989 can be termed as a bipolar system where congress was facing a united opposition in almost all the states. This period also witnessed making of many coalition governments in the states where opposition posed a united front to keep congress out of power. One point can be noted here is that the votes of the congress party declined much more drastically in the assembly elections than in parliamentary elections. Following are some of the reasons which can be identified for the breakdown of the Congress systemUnited Opposition: Indian electoral system is a “First past the post” system or in India the candidate who gets the maximum vote wins. Congress never secured more that 50%...
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...Politics of Coalition in India Politics of coalition has become the ultimate truth of Indian politics these days. No doubt, a coalition gives the chance and pleasure of running a government, but in the course of time, temporal friendships, deceit and blackmailing turn out to be the cause of brutal termination of a coalition government. In most of the cases, a coalition is a principle less, irresponsible and unaccountable alliance of some power-seeking individuals. We have the very current example of Karnataka where the BJP got deceived in a game of ridiculous political farce. The Indian society is divided into different religions, castes, sects and regional mindsets. Principle-based politics has become a deed on papers only and what are more visible nowadays are parties of castes and castes of parties. There are regional parties having special zones for them. We find regional barons and country heads of various castes. These small and regional groups never hesitate to unabashedly indulge in the act of blackmailing for their own purpose. There is no discussion on the burring and relevant topics of national interest. Agriculture, employment, economic policies, education, public welfare, etc. are out of their agenda. These coalitions have become a severe headache for our nation. The pertinent question arise here :what these characterless coalitions have to offer to our nation? The answer is not hidden from the known fact that these coalitions could not become a medium of...
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...Title of Paper: Political Marketing and Social Media: A Case Story of Aam Aadmi Party Author 1: Dr. Sanjeev Prashar Professor – Marketing Indian Institute of Management (IIM) Old Dhamtari Road, Sejbahar Raipur-492015, Chhattisgarh (India) Ph: +91-9039039499 E-mail: dr.sanjeev.prashar@gmail.com Author 2: Raghu Vara Teja Thudi Student, Post-Graduate Program Indian Institute of Management (IIM) Old Dhamtari Road, Sejbahar Raipur-492015, Chhattisgarh (India) Ph: +91-8349501045 E-mail: teja.raghuvara@gmail.com Author 3: Abhishek Reddy K Student, Post-Graduate Program Indian Institute of Management (IIM) Old Dhamtari Road, Sejbahar Raipur-492015, Chhattisgarh (India) Ph: +91-8349501005 E-mail: abhishek.koleri@gmail.com Author 4: Abhishek Mukherjee Student, Post-Graduate Program Indian Institute of Management (IIM) Old Dhamtari Road, Sejbahar Raipur-492015, Chhattisgarh (India) Ph: +91-8349501004 E-mail: abhishek.mukherjee.one@gmail.com Political Marketing and Social Media: A Case Story of Aam Aadmi Party Dr. Sanjeev Prashar Professor Marketing, IIM Raipur Raghu Vara Teja Thudi Student, Post Graduate Program, IIM Raipur Abhishek Reddy Student, Post Graduate Program, IIM Raipur Abhishek Mukherjee Student, Post Graduate Program, IIM Raipur Abstract For the world’s...
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...News India edition Modern [pic] • Top Stories Kingfisher iPhone5 Aishwarya Rai baby RIL Higgs 4.2 Falklands O. V. Vijayan El Clasico IAEA report • Portland-South Portl... • India • World • Business • Technology • Entertainment • Sports • Science • Health • More Top Stories • Spotlight |Top Stories | |Personalize Google News | |[pic] | |Portland-South Portland-Biddeford, ME » -Change location | | | | | | ...
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