Reprint of 1964 Mineral Information Service publications by the California Division of Mines and Geology
Descrição: Significance of textbook and The Procedure of Textbook Development in Pakistan,
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Strategies exist at several levels in an organisation and can range from the overall business or group of businesses through to the individual employees.This is a short look at the importanc…Full description
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GOOD FOR MANAGEMENTS STUDENTS
|| Hari Om || Param Pujya Sadguru Shree Aniruddha Bapu Dr. Anuruddha Dhairyadhar Joshi || Mi Ambadnya Aahe ||
Importance of EnglishFull description
Guide to rotating machinery shaft alignment
Being in the 21st century, technology changes within a particular period of time. As we know the data is obtaining larger day by day so its protection is also coming under the concern. data is growing at a faster rate so securing of data is also an i
Control valve
Importance of Money Market
Significance of textbook and The Procedure of Textbook Development in Pakistan,
Descripción: Dick Tosdal & John Dilles
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Needs of Review of LiteratureFull description
finance
Importance of CASA deposits: The main function of a bank is accepting deposits of money for the purpose of lending and investment. Banks are essentially essentially Commercial Organisations and hence they ork for profits. The ma!or portion of the profits of the Bank comes from "et interest Income hich hich is the diff differe erenc nce e bet betee een n intere interest st earne earned d an adva advanc nces es grant granted ed to vario various us categories categories of borroers borroers under per segment# Agri. segment# S$% & C & I segments segments and interest interest paid on various various deposit deposits s mobilise mobilised d by them such as Saving Savings s Bank# Bank# Term 'eposits# Special term deposits# (ecurring deposits etc. In order to ma)imi*e the net interest income# hich in turn ill improve the profitability# Banks follo the folloing strategies. Augment mobili*ation of CASA 'eposits to bring don the cost of deposits on the one hand# increase high yielding advances and reduce "on +erforming Assets of the bank# on the other# to increase the yield on advances. This essay deals ith importance of CASA deposits for the banks. CASA 'eposits constitute Current Accounts hich have no cost and Savings Bank Accounts Accounts hich have lo cost for the Bank. CASA deposits deposits are preferred by the banks for the reason that besides reduced cost# these are more stable. Increase in CASA depo deposi sits ts brin brings gs don don the the aver averag age e cost cost of depo deposi sits ts and and ther thereb eby y impr improv oves es the the profitability. State Bank en!oys CASA deposits of ,-.- of its total deposits thanks to the large netork of branches in India including in rural and semi urban areas. 'ue to the importance of CASA deposits# the Bank takes the folloing steps on an ongoing basis. a/ CASA 'eposits campaigns: All staff are alerted to survey and canvass opening C0A & SB a0cs. a0cs. Trad Trading ing conce concern rns# s# Schoo Schools# ls# Colle College ges# s# Clubs Clubs## asso associa ciatio tions# ns# chari charita table ble organisations# trusts accounts etc. are canvassed during these campaign & brought to bank1s books. b/ 'eposit fortnights: 'uring these fortnights special emphasis is given for opening more Current and Savings Bank accounts. c/ Opening of basic Savings Bank A0cs: In order to give fillip to financial inclusion savings savings Bank Bank account accounts s are opened ith liberali liberali*ed *ed 23C norms. This ill result in increase in the base of S.B a0cs of the Bank and improve CASA deposits. These have potential to turn into large accounts in future. Special efforts are being made to contact the relatives of the proprietors of firms# partners and directors of fairly large# accounts to identify potential customers and bring them to the bank1s books. d/ +roviding alternate channels of delivery: Banks provide various alternate channels of delivery such as AT$# Internet Banking# $obile Banking# $obi Cash etc. for making banking a more convenient and pleasurable e)perience for the customers. e/ +rovision of universal Banking services: The Bank in order to make the customer feel happy and confine to our bank provides all banking banking services 0 products products under one roof. These include providing
locker facility# safe custody articles# cross selling of Insurance policies# credit cards# $utual funds# remittance facilities such as issue of ''# IOI instruments# (T4S0"%5T0remittances# %CS# sale of gold coins0+OS machines# ealth management# financial counseling etc. %very staff member is enabled to reali*e the importance of CASA deposits for the Bank so as to involve him in mobili*ing CASA deposits by rendering first class service to customers. There is no gainsaying the fact that CASA deposits are very important for the Bank to improve its profitability.