Effectiveness of Mto Program in Banking Sector

In: Business and Management

Submitted By zuhairam
Words 5642
Pages 23
Final year project | Effective MTO Program in Banking Sector of Karachi | Submitted by: | | Zuhair Ahmed - 4292 | 12/17/2012 |

|

LETTER OF APPROVAL

Project Title | Effective MTO Program in Banking Sector of Karachi | Submitted by: | Zuhair Ahmed (BB-03-08-4292) | Project Supervisor: | Sir Aijaz Ali | Academic Year: | 2012 |

The board of Advanced Studies at PAF-KIET has approved this project as requirement for achievement the degree in Bachelor of Business Administration.

Approval committee:
___________________ __________________
Sir Aijaz Ali Sir Adnan Anwar
(Supervisor) (Director Academic)

Letter Of Transmittal

December 17, 2012.
Sir Aijaz Ali,
Project Supervisor,
PAF-KIET

Dear Madam,
I am submitting the final project report on “Effective MTO Program in Banking Sector of Karachi”. The report includes hypothesis and a concise literature survey. The theoretical framework was based on literature review and other studies. One hypothesis was developed and tested and some other results were discovered.
I am thankful for your guidance and supervision without which this project could have not been completed.

Yours Sincerely,
Zuhair Ahmed
BB-03-08-4292

LETTER OF AUTHORIZATION

December 17, 2012
Zuhair Ahmed,
BB-03-08-4292,
PAF-KIET

Dear Fellow,
Please refer to your initial proposal for undertaking the study on “Effective MTO Program in Banking Sector of Karachi”. In the view of following meetings, discussions, chances of availability of data, and scope and interest of this study, the initial proposal was finalized. Kindly initiate the study on the finalized Terms of Reference (TOR).

Sir Aijaz Ali,
Supervisor

Acknowledgement

First of all, I would like to thank Almighty ALLAH who guided me to the way for a bright future. I would like to…...

Similar Documents

Technology and Indian Banking Sector

...ISSN No-2230-7850 Vol.1,Issue.IX/Sept;11pp.1-4 Research Paper Technological Developments in Indian Banking Sector Dr. B.S. Sawant, Director, K.B.P. Institute of Management Studies and Research, Satara, Research Guide Abstract: Banking sector plays a significant role in development of Indian economy. So banks need to optionally leverage technology to increase penetration, improve their productivity and efficiency, deliver cost-effective products and services, provide faster, efficient and convenient customer service and thereby, contribute to the overall growth and development of the country. Technology enables increased penetration of the banking system, increases cost effectiveness and makes small value transactions viable. Besides making banking products and services affordable and accessible, its simultaneously ensures viability and profitability of providers. Technology allows transactions to take place faster and offers unparallel convenience through various delivery channels. Technology enhances choices, creates new markets, and improves productivity and efficiency. Effective use of technology has a multiplier effect on growth and development. In the area of payment systems, there have been significant advancements of technology on the customer transactions. India is one of the country that has effectively tackled huge volumes of paper instruments in cost effective manner. The Magnetic Ink Character Recognition (MICR) cheque clearing System, cheque......

Words: 3234 - Pages: 13

Indian Banking Sector

...Table Of Content TOPICS | REMARK | Acknowledgement | | Objective | | Executive Summary | | Introduction | | ICICI Bank | | Yes Bank | | HSBC | | SBI Bank | | HRIS | | ICT | | Role of Banks in India | | Recommendations | | Conclusion | | Bibliography | | Objective: The objective of this report is to study the banking sector in the Indian Economy on a global perspective. In this we have tried to study the different aspects of the banks. Here in we have considered 4 banks, namely SBI, ICICI, HSBC, Yes Bank. Research Methodology: The research methodology that we adopted was a dual one:- Primary Research Under Primary research we visited the banks, collected data directly from the respected persons and analysed it. Secondary Research Under Secondary Research we took information from the Internet, Books. INTRODUCTION Banking in India originated in the last decades of the 18th century. The first banks were The General Bank of India, which started in 1786, and Bank of Hindustan, which started in 1790; both are now defunct. The oldest bank in existence in India is the State Bank of India, which originated in the Bank of Calcutta in June 1806, which almost immediately became the Bank of Bengal. This was one of the three presidency banks, the other two being the Bank of ombay and the Bank of Madras, all three of which were established under charters from the British East ndia Company. For many years the Presidency banks......

Words: 18580 - Pages: 75

Risk Mangement in Banking Sector

...Term Paper On RISK MANAGEMENT IN BANKING SECTOR BY Sushant Patil 1PB11MBA45 Submitted to Dr. Anitha Yadav Professor Dept. of MBA Department of MBA PES INSTITUTE OF TECHNOLOGY, BANGALORE-560085 ABSTRACT Risk Management is the application of proactive strategy to plan, lead, organize, and control the wide variety of risks that are rushed into the fabric of an organizations daily and long-term functioning. Like it or not, risk has a say in the achievement of our goals and in the overall success of an organization. Present paper is to make an attempt to identify the risks faced by the banking industry and the process of risk management. This paper also examined the different techniques adopted by banking industry for risk management. To achieve the objectives of the study data has been collected from secondary sources i.e., from Books, journals and online publications, identified various risks faced by the banks, developed the process of risk management and analyzed different risk management techniques. Finally it can be concluded that the banks should take risk more consciously, anticipates adverse changes and hedges accordingly, it becomes a source of competitive advantage, and efficient management of the banking industry. INTRODUCTION Risk is defined as anything that can create hindrances in the way of achievement of certain objectives. It can be because of either internal factors or external factors, depending upon the type of risk that exists......

Words: 3302 - Pages: 14

Executive Development Programs in the Banking Sector in Bangladesh – a Study of Cases

...Synopsis of Research Proposal for M. Phil Degree Topic Executive Development Programs in the Banking Sector in Bangladesh – A Study of Cases Submitted to: Dr. Faruq Ahmed Department of Management Studies University of Dhaka Submitted by: Hazera Khatun February 12, 2013 Dhaka, Bangladesh Introduction: Employees are the most important asset of any organization. Now-a-days, the main focus of all companies is to attract, develop and maintain an efficient and skilled workforce. Executive development plays a concrete role in any organization. The banks in Bangladesh are putting their high concentration to train, develop and maintain an efficient work force. In this time of free market economy, all firms are competing with each other to minimize the cost of production and to create more values with the product and service they dealt with. A successful competing firm can do this job efficiently and can maximize its profit through skilled workforce. That’s why, all organizations give prime focus on executive development practices to cope with the standard of the rest of the world. A substantial number of training and development methods are used in different institutes in Bangladesh. But all methods are not used in all organizations in totally. The development methods vary from organization to organization. It depends on the organization’s culture, behavior and philosophy. The methods have similar types of functions all......

Words: 919 - Pages: 4

Banking Sector in Bangladesh

...Banking Sector in Bangladesh * By Super Admin * Published 26 September 2006 * Bangladesh Study * Rating: Unrated BANKING SECTOR IN BANGLADESH INTRODUCTION The Jews in Jerusalem introduced a kind of banking in the form of money lending before the birth of Christ. The word 'bank' was probably derived from the word 'bench' as during ancient time Jews used to do money -lending business sitting on long benches. First modern banking was introduced in 1668 in Stockholm as 'Svingss Pis Bank' which opened up a new era of banking activities throughout the European Mainland. In the South Asian region, early banking system was introduced by the Afghan traders popularly known as Kabuliwallas. Muslim businessmen from Kabul, Afghanistan came to India and started money lending business in exchange of interest sometime in 1312 A.D. They were known as 'Kabuliwallas'. NUMBER AND TYPES OF BANKS The number of banks in all now stands at 49 in Bangladesh. Out of the 49 banks, four are Nationalized Commercial Banks (NCBs), 28 local private commercial banks, 12 foreign banks and the rest five are Development Financial Institutions (DFIs). Sonali Bank is the largest among the NCBs while Pubali is leading in the private ones. Among the 12 foreign banks, Standard Chartered has become the largest in the country. Besides the scheduled banks, Samabai (Cooperative) Bank, Ansar-VDP Bank, Karmasansthan (Employment) Bank and Grameen bank are functioning in the financial sector. The......

Words: 2112 - Pages: 9

Hrm Practice of Banking Sector

...------------------------------------------------- INTERNSHIP REPORT ON HRM PRACTICES OF BANKING SECTOR – A CASE STUDY ON UTTARA BANK. June 2, 2013 | Author: Jannatul Ferdous | Posted in Banking Table of Contents * ------------------------------------------------- 1 Chapter 1 * ------------------------------------------------- 1.1 Human resource management: * ------------------------------------------------- 1.2 Functions of HRM: * ------------------------------------------------- 1.3 Importance of HRM: * ------------------------------------------------- 1.4 Philosophy: * ------------------------------------------------- 1.5 Objective: * ------------------------------------------------- 1.6 Banking sector in Bangladesh: * ------------------------------------------------- 1.7  Number of Banks: * ------------------------------------------------- * ------------------------------------------------- * ------------------------------------------------- * ------------------------------------------------- 1.7.0.0.0.1 Human Resource Management Practices &  Uttara Bank Ltd. * ------------------------------------------------- 2 Chapter 2:Human Resource Planning * ------------------------------------------------- 2.1 Job Analysis: * ------------------------------------------------- 3  Chapter 3:Recruitment and Selection *......

Words: 6219 - Pages: 25

Imapact of It in Banking Sector

...IMPACT OF INFORMATION TECHNOLOGY IN BANKING INDUSTRIES TABLE OF CONTENTS Title page - - - - - - i Approval page - - - - - ii Dedication - - - - - - iii Acknowledgement - - - - iv Abstract - - - - - - v Table of contents - - - - - vi CHAPTER ONE 1.0 INTRODUCTION 1. Background of the study 2. Statement of problem 3. Objective of the study 4. Research question 5. Significance of the study 6. Scope of the study 7. Limitations of the study 8. Definition of terms CHAPTER TWO 2.0 REVIEW OF RELATED LITERATURE 1. Brief history about information technology 2. Banking environment in Nigeria 3. Application of information system applied in banking industry 4. Types of information system allied in banking industry 5. The impact of information technology to all state bank (Head office in Enugu) 6. Organizational profile CHAPTER THREE 3.0 RESEARCH METHODOLOGY 1. Sources of data 2. Population of study 3. Sample of six determination 4. Sampling technique 5. Method of data treatment 6. Research instrument used 7. Questionnaire distribution CHAPTER FOUR 4.0 Data presentation, analysis and interpretation 1. DATA PRESENTATION AND INTERPRETATION CHAPTER FIVE 5.0 SUMMARY OF FINDINGS, RECOMMENDATION AND CONCLUSION 1. Summary of findings 2. Recommendation 3. Conclusion Bibliography Appendix. CHAPTER......

Words: 1898 - Pages: 8

Banking Sector Reforms in India

...BANKING SECTOR REFORMS IN INDIA . Introduction: Financial sector reforms introduced in the early 1990s as a part of the structural reforms have touched upon almost all aspects of banking operation. For a few decades preceding the onset of banking and financial sector reforms in India, banks operated in an environment that was heavily regulated and characterized by sufficient barriers to entry which protected them against too much competition. The banking reform package was based on the recommendation proposed by Narsimhan Committee report (1992) that advocated a move to a more market oriented banking system, which could operate in an environment of prudential regulation and transparent accounting. One of the primary motives behind this drive was to introduce an element of market discipline into the regulatory process that would reinforce the supervisory effort of the reserve bank of India(RBI). Market discipline, especially in the financial liberalization phase, reinforces regulatory and supervisory efforts and provides a strong incentive to banks to conduct their business in a prudent and efficient manner and to maintain adequate capital as a cushion against risk exposures. The administered interest rate structure, both on the liability and the assets side, allowed banks to earn reasonable spread without much efforts. Although banks operated under regulatory constraints in the form of statutory holding of government securities and the cash reserve ratio (CRR)......

Words: 1839 - Pages: 8

Banking Sector

... Splitting a fund into some mix of shares relating to debt, dividend and capital directly adds value to the company (Gemmille, 2001).Firms has increased their level of debt relative to their profit. As a result, firm debt in general has risen substantially. They found that those firms having lower debt have higher value than the firm, which has high debt. Thus, firm can maximize its value by choosing low debt or zero debt (Kinsman and Newman, 1998). The overall finding is that the relationship between a firm’s debt level and that of its industry does not appear to be of concern to the market (Hatfield et al., 1994). Debt ratios are found to be decreasing in cash flow or profitability and increasing in the investment of the firm in both sectors of countries. underinvestment problem. Stulz (1990) assumes that managers have no equity ownership in the firm and receive utility by managing a larger firm. The “power of manger” may motivate the self-interested managers to undertake negative present value project. To solve this problem, shareholders force firms to issue debt. But if firms are forced to pay out funds, they may have to forgo positive present value projects. Therefore, the optimal debt structure is determined by balancing the optimal agency cost of debt and the agency cost of managerial discretion. Methodological framework This study aimed to provide a status on the extent to which a firm’s capital structure may differ and how value of firm change and it includes......

Words: 4881 - Pages: 20

Financial Sector Banking

...At the outset it was agreed with Iraqi authorities that the focus of this review should be forward looking and constructive. Overall the financial sector in Iraq is underdeveloped, and is playing a limited role in financial intermediation. The banking system is still by far the most important part of the Iraqi financial system, accounting for more than 75 percent of the assets and dominated by state ownership. Non-bank financial institutions and markets are small and under-developed but have the potential to provide access to sources of finance. Access to finance is impeded by weak financial infrastructure, which needs to be strengthened over time in all areas, including credit registry, the collateral framework, judicial systems, and accounting and auditing skills. When looking at Iraq’s financial system it is important to keep the general political economy in xv REPUBLIC OF IRAQ FINANCIAL SECTOR REVIEW mind. The difficult security situation imposes costs and constraints, the complex political situation impedes decisive policy action, governance issues linger, and the legacy of prevailing state intervention has not been fully addressed. Banking System The banking system is still by far the most important part of the financial system, accounting for more than 75 percent of the assets. Seven state banks dominate the banking system (in particular, Rafidain Bank, Trade Bank of Iraq (TBI), and Rasheed Bank). Private banks are generally quite small and many have been......

Words: 3527 - Pages: 15

The Impact of Empowerment on Employee Effectiveness and Employee Responsiveness in Banking Sector

...A PROJECT REPORT ON The Impact of Empowerment on Employee Effectiveness and Employee Responsiveness in Banking sector of Mysore Submitted by Deeksha.B USN-4JC10MBA35 Submitted to VISVESVARAYA TECHNOLOGICAL UNIVERSITY, BELGAUM, INDIA In December 2011 In partial fulfillment of the requirements For the award of MASTER OF BUSINESS ADMINISTRATION Under the guidance of Mr Girish Baga Assistant Professor Sri Jayachamarajendra College Of Engineering, Mysore Sri Jayachamarajendra College Of Engineering JSS Technical Institutions Campus, Mysore 570006 Autonomous institution affiliated to Visvesvaraya Technological University DECLARATION I,Deeksha.B , USN 4JC10MBA35 a student of Master of Business Administration at Sri Jayachamarajendra College of Engineering, JSS Technical Institution Campus, Mysore, India hereby declare that this project report titled “The Impact of Empowerment on Employee Effectiveness and Employee Responsiveness” is a record of an original and independent work carried out by me during the period july to december in the 3rd semester of the course under the guidance of Mr. Girish Baga Master of Business Administration, Sri Jayachamarajendra College of Engineering, JSS Technical Institution Campus, Mysore, India submitted to Visvesvaraya Technological University, Belgaum, India, in partial fulfillment of the requirements for the award of Masters of Business Administration. I further declare that this project work......

Words: 7048 - Pages: 29

Risk Management in Banking Sector

...Risk management in banking sector Table of content Particulars | Page no. | Executive summary | | Introduction | | Literature review | | Research methodology | | Sampling techniques | | Tools of analysis | | Data analysis & findings | | Conclusions | | Scope for further research | | Reference | | Executive Summary Today, The Indian Economy is in the process of becoming a world class economy. The Indian banking industry is making great advancement in terms of quality, quantity, expansion and diversification and is keeping up with the updated technology, ability, stability and thrust of a financial system, where the commercial banks play a very important role, emphasize the very special need of a strong and effective control system with extra concern for the risk involved in the business. Globalization, Liberalization and Privatization have opened up a new methods of Financial transaction where risk level is very high. In banks and financial institutions risk is considered to be the most important factor of earnings. Therefore they have to balance the Relationship between risk and return. In reality we can say that management of financial institution is nothing but a management of risk managing financial risk systematically and professionally becomes an even more important task. Rising global competition, increasing deregulation, introduction of innovative products and delivery channels have pushed risk management to the......

Words: 26880 - Pages: 108

Challenges of Banking Sector

... Article on Indian Banking Sector: “The challenges that the banking sector in India faces” It is by now well recognized that India is one of the fastest growing economies in the world. Evidence from across the world suggests that a sound and evolved banking system is required for sustained economic development. India has a better banking system in place vis a vis other developing countries, but there are several issues that need to be ironed out. In this article, we try and look into the challenges that the banking sector in India faces. Interest Rate Risk: Interest rate risk can be defined as exposure of bank’s net interest income to adverse movements in interest rates. A bank’s balance sheet consists mainly of rupee assets and liabilities. Any movement in domestic interest rate is the main source of interest rate risk. Over the last few years the treasury departments of banks have been responsible for a substantial part of profits made by banks. Between July 1997 and Oct 2003, as interest rates fell, the yield on 10-year government bonds (a barometer for domestic interest rates) fell, from 13 per cent to 4.9 per cent. With yields falling the banks made huge profits on their bond portfolios. Now as yields go up (with the rise in inflation, bond yields go up and bond prices fall as the debt market starts factoring a possible interest rate hike), the banks will have to set aside funds to mark to market their investment. This will make it difficult to show huge profits from......

Words: 3169 - Pages: 13

Banking Sector

...BANKING CHALLENGES IN THE 21ST CENTURY Dr. Muhammad Anwar Hassan, Vice Chancellor, Preston University, Mr. Muhammad Humayun Khan, Chief Manager, State Bank of Pakistan, SBP BSC (Bank) Peshawar, Mr. Rashid Qazi, Vice President, PICIC Commercial Bank Ltd. Peshawar, Mr. Badar Hussain, Area Head North, MCB Peshawar, Mr. Tabraiz Hassan Butt, Regional Business/Operational Chief Peshawar, Fellow Bankers, Distinguished Ladies and Gentlemen! First of all I would like to congratulate the administration of Preston University Peshawar for organizing this Seminar. It was the earlier part of the 1990s when the inherent weaknesses of the banking structure were recognized and a comprehensive reform process in the banking industry was initiated. The underlying objectives of the initiatives were to ensure and create a level-playing-field environment of competition in the market and to strengthen the governance and supervision of the financial institutions. In fact, the reforms were targeted to adopt a market-based indirect system of monetary, exchange and credit management to ensure the efficient allocation of financial resources. Today, 15 years later, it would no longer be an exaggeration but a fair statement that the landscape of the banking system in Pakistan has changed. The country has made a significant progress in implementing financial sector reforms and has achieved a more competitive market structure with expanding market share of private sector banks. Moreover, significant gains......

Words: 1873 - Pages: 8

Banking Sector

...Pakistan’s Banking Sector Current Situation and Critical Issues ISHRAT HUSAIN Pakistan’s banking sector reforms which were initiated in the early 1990s have transformed the sector into an efficient, sound and strong banking system. The most recent comprehensive assessment carried out jointly by the World Bank and the IMF in 2004 came to the following conclusion: “ for reaching reforms have resulted in a more efficient and competitive financial system In particular, the predominantly state-owned banking system has been transformed into one that is predominantly under the control of the private sector. The legislative framework and the State Bank of Pakistan’s supervisory capacity have been improved substantially. As a result, the financial sector is sounder and exhibits an increased resilience to shocks.” The major changes that have occurred in the banking sector during the last decade or so can be summarized as follows: a) 80 percent of the banking assets are held by the private sector banks and the privatization of nationalized commercial banks has brought about a culture of professionalism and service orientation in place of bureaucracy and apathy. b) The banks that were losing money due to inefficiencies, waste and limited product range have become highly profitable business. These profits are, however, being used to strengthen the capital base of the banks rather than paying out to the shareholders. The minimum capital......

Words: 2124 - Pages: 9