1. Introduction PricewaterhouseCoopers, a leading professional services firm headquartered in London, United Kingdom is the largest multinational professional services firm providing service to 421 Fortune Global 500 companies & 452 FT Global 500 companies, thus clients range from some of the world’s largest multinationals to many small and medium-sized enterprises. PwC has its offices in 776 cities across 157 countries and a global workforce over 184,235 people who are committed to delivering quality in assurance, tax and advisory services. For the year ending 30 June 2013, PwC’s global gross revenues were US$32.1 billion, up 4%, showing a strong performance in challenging circumstance. In Assurance the total revenue was US$14.8 billion,
A. Profile of the Company The bank, “The Kumbakonam Bank Limited” as it was then called, was incorporated as a limited company on 31st October, 1904. The first Memorandum of Association was signed by twenty devoted and prominent citizens of Kumbakonam including Sarvashri R. Santhanam Iyer, S.Krishna Iyer, V.KrishnaswamiIyengar and T.S.Raghavachariar. T.S.Raghavachariar was the First Agent of the Bank. In 1908, he was succeeded by Shri R. Santhanam Iyer who became the Secretary of the bank under the amended Articles of Association which created the office of a Secretary to be in charge of the Bank 's Management in the place of the Agent, which post he held till his death in 1926.
By the end of the 19th century it had branches at Jhansi, Kanpur, Lucknow, Bareilly, Nainital, Calcutta, and Delhi. 20th century In the initial 20th century, with the start of Swadeshi movement, Allahabad Bank viewed a spurt in deposits. In 1920, P & O Banking Corporation acquired Allahabad Bank with a bid price of Rs.436 (US$6.50) per share. In 1923 the bank relocated its head office and the registered office to Calcutta for explanations of both operational convenience and business opportunities. Then in 1927 Chartered Bank of India, Australia and China (Chartered Bank) acquired P&O Bank.
1. INTRODUCTION Northern Rock was founded in 1965 by merger of Northern Counties Permanent Building Society and Rock building Society based in Newcastle. In the beginning, Northern Rock acquired 53 smaller financial institutions. Initially Northern rock was a building society it means it was a mutual organization until 1997, when it entered the stock exchange market. Then in 2000, it was upheld to FTSE 100 index of top 100 highly capitalized companies listed in London Stock Exchange.
2.0 Internal Forces 2.1 Company Profile CIMB Group Holdings Berhad is a leading ASEAN universal bank and one of the region’s foremost corporate advisors. The Group is headquartered in Kuala Lumpur, Malaysia and has been listed on the Bursa Malaysia since 1987. It is one of the largest investment banks in Asia and one of the largest Islamic banks in the world which lead CIMB Group as the fifth largest banking group in ASEAN. Currently, CIMB has around 39,000 staff in 16 countries and over 12 million customers. CIMB Investment Bank acts as market leader conventional and Islamic financial advisor for a customized of banking solutions to their customers.
The company also invests in their supply chain by buying a £19m refrigerated ship and builds a new ecological state of the art computerised ripening center in UK. In 1995, Fyffes together with Windward Islands Banana Development and Exporting Company (WIBDECO) bought the UK distributer, Geest Bananas Business. Four years later the company entered into a strategic alliance with Capespan of South Africa with a stake of 50% in Capespan Europe. In the new millennium the economic conditions pushed Fyffes Group in somecost saving measure and closed some of the ripening centers in UK, sold some of its refrigerated fleet, some of the cargo business and 50% stake in Sofiprim SA, (France). In 2002 the company continues its diversification strategy and acquires 70% Hortim International sro (Czech Republic) a fruit and vegetable importer and exporter who employs 600 people.
There are 30 stocks are listed with Bombay Stock Exchanges National Stock Exchange (NSE) NSE or national stock exchange is one of the popular stock exchange and it was established in the year of 1992, in Mumbai. This is first stock which provided highly automated or advanced technology that is electronic trading system. It was incorporated in the year of 1992 as per tax paying company act 1992. The NSE was started its work through the wholesale debt market segment in June 1994. The capital market sector started its operation in November in 1994 and derivative segment commenced in June 2000.
Introduction of Reserve Bank of India : The Reserve Bank of India (RBI) is India 's central banking institution, which controls the monetary policy of the Indian rupee. It commenced its operations on 1 April 1935 during the British Rule in accordance with the provisions of the Reserve Bank of India Act, 1934. The original share capital was divided into shares of 100 each fully paid, which were initially owned entirely by private shareholders. Following India 's independence on 15 August 1947, the RBI was nationalised on 1 January 1949. The RBI plays an important part in the Development Strategy of the Government of India.
2.2.1 BACKGROUND OF THE COMPANY State Bank of Mysore was founded by the great engineer- statesman Sir M vishvesvaraya in 2nd October 1913 and it was further established as Bank of Mysore ltd in 19 may. Under the encouragement of Maharaja krishnaraja wadiyar 4th of Mysore. In 1953 Reserve Bank of India became the agent of State Bank of Mysore to take the responsibility of treasury operations and government business. Under the State bank of India an act 1959 State Bank of Mysore became a subsidiary of State Bank of India. At present State Bank of India hold’s 90% of shares with the paid up capital of 48.01crore.
CHAPTER 2 INDUSTRY AND COMPANY PROFILE • INDUSTRY PROFILE • COMPANY PROFILE • VISION AND MISSION • QUALITY POLICY • PRODUCTS / SERVICES PROFILE • AREAS OF OPERATION • INFRASTRUCTURE FACILITIES • COMPETITORS INFORMATION • SWOT ANALYSIS • FUTURE GROWTH AND PROSPECTS INDUSTRY PROFILE IN the earlier period India’s banking system has some outstanding achievements to its credit. Indian banking system has reached even to the distant of the country. Indian bank since 1969 has paid rich dividends with the Nationaliosation of 14 major private bank of India. PHASE I: in the year 1786 The General Bank of India was set up. And Next came Bank of Hindustan and Bengal Bank.