In terms of technology, this probably started to some degree with the wiring of funds from bank to bank, but has now progressed significantly with ATMs, on line banking, and the Internet. The technology is readily available in this day and age to everyone, and everyone has been and is increasingly using it to pursue the business of your customers in a variety of ways. This is not just a matter ...

The international financial system has grown and evolved immensely over the past two decades. In the late 1950's the Eurocurrency market was only beginning to emerge, for all practical purposes there was no Eurobond market, and extensions of commercial credits were limited to the old commercial banking function of short term trade financing. All of that has changed. Total deposits in the Eurodo...

The following study is conducted to measure and compare the performance of 32 Indian banks, 21 public 11 private at two tiers during period 2008–2018. Industrial analysis both banking sectors in first tier, followed by an individual bank-level second tier. Data consists deposits, assets, equity as inputs outputs practicing data envelopment techniques. empirical results portray a mixed trend var...

In a general equilibrium model with risk neutral and risk averse agents, we show that if banks issue both demand deposits and equity, then free banking is run-proof and ecient. In particular, we obtain the ®rst best insurance solution if there is adequate risk neutral capital. If sucient risk neutral capital is unavailable, then a partial suspension of convertibility is optimal. In general, t...

A 55-year-old man operated on for tractional retinal detachment secondary to proliferative diabetic retinopathy, receives topical treatment including ciprofloxacin eye-drops and ointment. Lost sight of for a month without stopping treatment, patient returns with a real crystallization of the cornea as central whitish and hard plates corresponding to deposits of fluoroquinolone. The treatment wa...

Owing to the uncomparable quantity of people working on so many diff erent dictionaries and with almost all results being splendid – claims Richard Bailey – we live in the golden age of lexicography. The current state, achievements and perspectives of Church Slavonic as well as Croatian historical lexicography in this presumed lexicographic age of gold were presented and discussed during the co...

This paper analyzes a two-good version of the Diamond and Dybvig model in a small open economy. This structure is used to analyze the interaction between banks as liquidity insurers, real exchange rates and monetary policies. With ...xed exchange rates and local lender of last resort, non-tradeables price de‡ation is necessary for existence as well as for implementation. Conditions for currency...