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1.0 INDIAN BANKING SYSTEMA banking company in India has been defined in the banking companiesact,1949.as one “which transacts the business of banking which means the accepting, for the purpose of lending or investment of deposits of money from the public, repayable on demand or otherwise and withdraw able by cheque, draft, order or otherwise.” Most of the activities a Bank performs are derived from the above definition. In addition, Banks are allowed to perform certain activities which are ancillary to this business of accepting deposits and lending. A bank's relationship with the public, therefore, revolves around accepting deposits and lending money. Another activity which is assuming increasing importance is transfer of money .. more»

How would the current crisis in the Nigerian banking system affect the way banking is done in the country? What are the lessons to be learnt and what are the strategies Nigerian banks should adopt to overcome the many negative impact that this crisis will leave behind? Do the regulators stand to learn from this crisis? What should the business community expect or learn from this crisis when it blows over? These are the many questions that should be going through the mind of everyone watching the unfolding crisis in the Nigerian banking industry.   Taking these questions one by one, we will attempt to answer them and possibly paint a picture .. more»

GlobalData's "Medical Equipment Quarterly Deals Analysis M&A and Investments Trends - Q1 2010" report is an essential source of data and trend analysis on the Mergers and Acquisitions (M&As) and financing in the medical equipment market. The report provides detailed information on M&As, equity/debt offerings, Private Equity (PE), venture financing and partnership transactions registered in the medical equipment industry in Q1 2010. The report gives detailed comparative data on the number of deals and their value in the last five quarters, subdivided by deal types, segments and geographies. Additionally, the report provides information on the top PE, Venture Capital (VC) and advisory firms in the medical equipment industry.Data presented in this report .. more»

Author interpretation: Any companies or firms financial statements analysis is very importance. The major benefit is that the investors get enough idea to decide about the investments of their funds in the specific company. Financial statements analysis can help the government agencies to analyze the taxation due to the company. Moreover, company can analyze its own performance over the period of time through financial statements analysis. So I would like to interpretation my view on the explanation about "what are financial statements & meaning of financial statement analysis" before going into the my main article "objectives of the companies financial statements analysis"   Because I believe that the people who are related with accounts, .. more»