The extension of the war made it imperative to start a blood bank on modern lines for the processing of serum or plasma in India. The Government of India took a lead in the matter and early in January 1942, the Calcutta Blood Bank was established at the All-India Institute of Hygiene and Public Health in collaboration with the Bengal Branch of the Indian Red Cross Society. This was the first bl...

The advent of Internet banking and phone banking is changing the role of bank branches from a predominantly transaction-based one to a sales-oriented role. This paper reports on an assessment of the branches of a Portuguese bank in terms of their performance in their new roles in three different areas: Their efficiency in fostering the use of new transaction channels, their efficiency in increa...

This paper presents a Service Creation Environment which is unique in ooering global correctness and consistency checks. These guarantee frame conditions for the design concerning implementability, country speciic standards and network speciic features. Frame conditions are formulated in a modal logic and veriied via model checking. The described environment ooers a lazy and incremental use of ...

The beginning of nineteenth century was marked by tremendous growth of trading activities in India. This was especially true in case of Calcutta (now called Kolkata), which became the hub of trade in India during that period. Rise in trade paved way for establishment of the bank of Bengal (modern day State Bank of India) in Calcutta in 1806. By the mid of 19 th century, many foreign banks like ...

(1) The necessary condition for an economic recovery is the new creation of purchasing power. Non-performing loans form an obstacle to the banks’ ability to create this purchasing power, and this is the root cause of the recession. (2) At the present time the central bank alone is able to increase purchasing power. It is necessary that it engages in open market purchases of assets and active fo...

In this paper we develop wavelet engines on a DSP platform, the target application being image and intraframe video compression by means of the forthcoming JPEG2000 and Motion-JPEG2000 standards. We describe two implementations, based on the lifting scheme and the filter bank scheme respectively, and we present experimental results on code profiling. In particular, we address the following prob...

This paper discusses service creation tools and the benefits which these tools can deliver. The BT VISAGE (voice interactive services application generation environment) service creation tool is used as a specific example and is described in some detail. VISAGE is currently used within BT to generate advanced network-based services, an example of this being the network-based call-answering serv...

This paper develops a unified theory of bank operations that integrates theories of financial intermediation, asset pricing, and production. In a simple dynamic model, banks maximize the present value of future profits generated through three categories of qualitatively distinct functions: (1) resolving information asymmetry in order to make loans, (2) providing transaction services, and (3) fi...

Customer value creation is allegedly at the centre of relationships between service recipients and service providers (such as financial service organisations in general, and commercial banks in particular). This research considers the role of customer value creation in the strategic response of banks to external changes in their growth opportunities. The analysis established that there had been...