Definition of Amalgamation In general, the definition of amalgamation tin endure stated every bit follows. "Amalgamation is a matrimony of 2 or to a greater extent than companies, made amongst an intention to cast a novel company." In damage of finance , the definition of amalgamation tin endure given every bit under. "Amalgamation is an understanding (deal) betwixt 2 or to a greater extent than companies to consolidate (strengthen) their business activities past times establishing a novel fellowship having a carve upwards legal existence." Image credits © Brad Ross . Meaning of Amalgamation Before nosotros proceed to know, What is Amalgamation? First let's empathize the important of 2 damage viz., 'amalgamating companies' together with 'amalgamated company'. The important of these damage is every bit follows: Amalgamating companies are those 2 or to a greater extent than companies which willingly unite (combine) to behavior on their work

Definition of Merger The definition of merger inwards full general too inwards finance tin live stated equally follows: In General , "Merger is an absorption of 1 or to a greater extent than companies past times a unmarried existing company." In Finance , "Merger is an act or procedure of purchasing equity shares (ownership shares) of 1 or to a greater extent than companies past times a unmarried existing company." Image credits © Arrow International . Meaning of Merger Before nosotros understand, What is Merger? First, let's uncovering out the uncomplicated important of an acquiring companionship too acquired companies. Acquiring company is a unmarried existing companionship that purchases the bulk of equity shares of 1 or to a greater extent than companies. Acquired companies are those companies that give upwards the bulk of their equity shares to an acquiring company. Merger is a technique of business growth. It is non treated equally a draw of pie

How to Implement Total Quality Management TQM? The close of import role for the implementation of a Total Quality Management TQM physical care for is to larn the assigned chore completed at the correct fourth dimension as well as amongst character improvement. The Six Cs for successful implementation of a Total Quality Management (TQM) physical care for are depicted equally follows: The Six Cs required for proper implementation of a TQM are given below. There must live a character improvement commitment from all employees of the organization. Organization must follow a modern character improvement civilisation on a constant basis. Continuous improvement must accept house inward all policies, procedures, as well as activities lay downward yesteryear direction for the organization. Cooperation as well as sense of employees must live utilized to improve strategies as well as get upward performance. Focus on customers' requirements as well as satisfaction of their expectations a

Functions of Development Banks The role or functions of development banks inward Bharat are depicted below. banks inward Bharat are every bit follows: To promote together with develop small-scale industries (SSI) inward India. To finance the evolution of the housing sector inward India. To facilitate the evolution of large-scale industries (LSI) inward India. To assist the evolution of agricultural sector together with rural India. To heighten the unusual merchandise of India. To assist to review (cure) sick industrial units. To encourage the evolution of Indian entrepreneurs. To promote economical activities inward backward regions of the country. To contribute inward the increase of uppercase markets. Now let's hash out each of import role of evolution banks i past times one. 1. Small Scale Industries (SSI) Development banks play an of import role inward the advertisement together with evolution of the small-scale sector. Government of Bharat (GOI) started Small

Meaning of Development Banks Development banks are specialized fiscal institutions. They supply medium as well as long-term finance to the industrial as well as agricultural sector. They supply finance to both mortal as well as world sector. Development banks are multipurpose fiscal institutions. They create term lending , investment inwards securities as well as other activities. They fifty-fifty promote saving as well as investment habit inwards the public. Image credits © tonyhall . Definition of Development Banks The definition of the term 'development banks' tin locomote stated equally follows, 1. In General sense, "Development banks are those fiscal institutions whose prime number destination (motive) is to finance the primary (basic) needs of the society. Such funding results inwards the increment as well as evolution of social as well as economical sectors of the nation. However, needs of the lodge vary from percentage to percentage due to differences seen

Non-Banking Activities All banks perform non-banking activities along amongst their traditional functions. A banking concern cannot live on without performing the next non-banking activities: Banks assist their customers to brand utility payments amongst ease. They perform merchant banking for their customers. They render factoring services to their clients. They create out mutual funds together with minimize investment risks. They consequence gift cheques to the people. They acquit feasibility study together with submit the feasibility report. They facilitate the part transactions yesteryear maintaining demat accounts. They offering credit together with debit cards facility. They too offering leasing services. They give hire-purchase services to owners of diverse goods. They are straightaway allowed to offering insurance services. They render funds (capital) for starting novel ventures. Now let's verbalise over of import non-banking activities performed yesteryear b

Changing Role of Banks inwards India The move of banks inwards Republic of Republic of India has changed a lot since economical reforms of 1991. These changes came due to LPG , i.e. liberalization, privatization together with globalization policy existence followed past times GOI. Since thence most traditional together with outdated concepts, practices, procedures together with methods of banking accept changed significantly. Today, banks inwards Republic of Republic of India accept larn to a greater extent than customer-focused together with service-oriented than they were earlier 1991. They at i time likewise give a lot of importance to their rural customers. They are fifty-fifty willing ready to assist them together with serve regularly the banking needs of country-side India. The changing move of banks inwards Republic of Republic of India tin terminate live glanced inwards points depicted below. The next points briefly highlight the changing move of banks inwards India. Better

Banker-Customer Relationship The human relationship betwixt banker as well as client is mainly that of a debtor as well as creditor. However, they too percentage other relationships. Some of the of import relationships they percentage are depicted below. The banker-customer human relationship is that of a: Debtor as well as Creditor, Pledger as well as Pledgee, Licensor as well as Licensee, Bailor as well as Bailee, Hypothecator as well as Hypothecatee, Trustee as well as Beneficiary, Agent as well as Principal, Advisor as well as Client, and Other miscellaneous relationships. Discussed below are of import banker-customer relationships. 1. Relationship of Debtor as well as Creditor When a client opens an concern human relationship amongst a bank as well as if the concern human relationship has a credit balance, thus the human relationship is that of debtor (banker / bank) as well as creditor (customer). In representative of savings / fixed deposit / electrical current co

Important Features of an Asset The of import features of an asset are depicted inwards the next image. The vi of import features of an property are briefly listed every bit follows: Asset has a cost or value inwards the market. It must generate about revenue. It has maintenance or repair cost. It undergoes depreciation over a catamenia of time. It has an estimated useful life span. It likewise has a bit value. Now let's beak over each of import characteristic of an property i yesteryear one. 1. Price or Value An property commonly has a cost or value inwards the market . Such price, i.e. value of an property may survive either paid or is to survive payable. Based on cost or value the property tin survive classified every bit follows: Owned asset is that property whose cost or value is already paid. Loaned assets is that property whose cost or value is to survive payable. The payments made for the loaned assets are commonly known every bit EMI i.e. Equated Monthly In

Challenges Before Indian Entrepreneurs The challenges which Indian entrepreneurs own got to human face upwards are depicted below. The Indian entrepreneurs own got to human face upwards next challenges: To understand, tackle together with hold out the era of globalization. To convey optimum payoff of occupation organisation opportunities arose due to liberalization of Indian economic scheme since 1991. To supersede outdated engineering alongside improved modern technology. To motivate together with properly care needs together with expectations of women together with immature managers that build an Indian workforce. To follow marketing techniques that are number together with consumer-oriented. To professionally care the fiscal activities of the business. To improve production procedure together with attain high-quality goods. To ease turn a profit earning capacity together with social-welfare activities. Discussed below are the challenges before Indian entrepreneurs. 1. C