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Indian Institute Of Banking And Finance
Established in 1928 as a company under Section 26 of the Indian Companies Act, 1913, the Indian Institute of Banking & Finance (IIBF), formerly known as the Indian Institute of Bankers (IIB), is a professional body of Banks, Financial Institutions, and their employees in India. It is known for its flagship courses, such as the Junior Associate of Indian Institute of Bankers (JAIIB)/Diploma in Banking and Finance (DBF) and the Certified Associate of Indian Institute of Bankers (CAIIB). With its membership of over 600 banks and financial institutions as institutional members and about 10,00,000 of their employees as individual members, IIBF is the largest Institute of its kind in the world . History The Institute was founded in 1928 as the Indian Institute of Bankers on the model of the London Institute of Banking and Finance to license and regulate those professionals who are known as bankers. In 1925, with the encouragement of Sir Basil Blackett, the finance member in the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sir Norcot Warren
Sir Norcot Hastings Yeeles Warren Order of the Indian Empire, KCIE (4 June 1864 – 23 April 1947) was an Irish banker who served as the Managing Governor of the Imperial Bank of India from 1921 to 1927. He also served as the President of the Indian Institute of Bankers. Early life Norcot Warren was born in Galway, Ireland, the son of Augustus Offer Warren and Martha Hopkins.''Ireland, Select Births and Baptisms, 1620-1911'' He went to India in 1885 where he secured employment as a clerk in the Bank of Bengal. Career Joining the Bank of Bengal as a clerk in 1885, Warren rose to become its Secretary and Treasurer. When the Imperial Bank of India was formed on 27 January 1921 by the merger of the three presidency banks – the Bank of Bengal, Bank of Bombay and Bank of Madras, Warren became its first Managing-Governor. As head of the Imperial Bank of India, Warren was instrumental in the founding of the Indian Institute of Bankers and served as its first President in 1928. He ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banking Schools In India
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. As banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional-reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but, in many ways, functioned as a continuation of ideas and concepts of credit and lending that had their roots in the ancien ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Organisations Based In Mumbai
An organization or organisation (Commonwealth English; see spelling differences) is an entity—such as a company, or corporation or an institution (formal organization), or an association—comprising one or more people and having a particular purpose. Organizations may also operate secretly or illegally in the case of secret societies, criminal organizations, and resistance movements. And in some cases may have obstacles from other organizations (e.g.: MLK's organization). What makes an organization recognized by the government is either filling out incorporation or recognition in the form of either societal pressure (e.g.: Advocacy group), causing concerns (e.g.: Resistance movement) or being considered the spokesperson of a group of people subject to negotiation (e.g.: the Polisario Front being recognized as the sole representative of the Sahrawi people and forming a partially recognized state.) Compare the concept of social groups, which may include non-organizat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
