Advantages of a Self Help group

1. Meeting other stammerers;

2. Encouragement from other stammerers;
3. Knowing you are not alone;
4. Hearing of other therapies and seeing them in use;
5. Talking about your therapy and practicing it;
6. Generally exchanging ideas;
7. Being able to address several people, up to the whole group;
8. Gaining more confidence in speaking and social situations;
9. Having people to practice with the telephone;
10. Engaging in role play (Interviews etc);
11. If the group is set up for ‘exchanging jobs around the group’, experience in carrying out new job functions;
12. Starting or continuing to desensitize you by stammering freely, until you switch in to ‘speaking tools’ mode;
13. With luck, easy access at meetings to a trained and / or under training Speech Language professional;
14. Equal voice in shaping the direction of the group;
15. Possibility of asking for talks from professionals;
16. Occasional meetings with other groups;
17. Inviting others (employers / police / government representatives etc.) to meetings to hear first hand about
your problems and how you cope;
18. Inviting local media to see and hear your experiences;
19. All these things will build your own self image, and start to deal with emotional baggage many stammerers
have;
20. The meetings can be both fun and enjoyable, with you enjoying speaking.

importance of RRBs.
The importance of the rural banking in the economic development of a country cannot be overlooked. As Gandhiji
said “Real India lies in Villages,” and village economy is the backbone of Indian economy. Without the upliftment of the
rural economy as well as the rural people of our country, the objectives of economic planning cannot be achieved.

In fact, the real growth of Indian economy lied in the freeing of rural masses from acute poverty, unemployment,
and socio-economic backwardness

• RRBs are oriented towards meeting the needs of the weaker sections of the rural population consisting of:
o Small and marginal farmers,
o Agricultural labourers,
o Artisans,
o Small entrepreneurs
o Mobilize deposits from rural households
• The institution of Regional Rural Banks was created to meet the excess demand for institutional credit in the
rural areas, particularly among the economically and socially marginalized sections.
• RRBs are expected to make credit available to rural households besides inspiring carefulness.
• To take the banking services to the doorstep of rural masses, particularly in hitherto unbanked rural areas.
• To make available institutional credit to the weaker sections of the society who had by far little or no access
to cheaper loans and had perforce been depending on the private money lenders.
• To mobilize rural savings and channelize them for supporting productive activities in rural areas.
• To create a supplementary channel for the flow the central money market to the rural areas through
refinance
• To generate employment opportunities in rural areas and bringing down the cost of providing credit to rural
areas.

EFT? and its benefits.

Transfer of funds between accounts by electronic means rather than conventional paper-based payment
methods, such as Check writing. As defined by the Electronic Fund Transfer Act of 1978, an electronic funds transfer is
any financial transaction originating from a telephone, electronic terminal, computer, or magnetic tape.
o EFT payments are safer than checks, and should eliminate more than $60 million annually in forged, counterfeit,
and altered checks.
o EFT eliminates lost or stolen checks.
o EFT payments are faster than checks, with funds available on the date the payment is due.
o EFT payments are easy and convenient.
o EFT payments eliminate the need to obtain and deposit your paycheck or cash your paycheck each payday.
o EFT payments facilitate on-line banking at your bank or credit union.

Advantages of Mobile Banking.

Mobile banking through cell phone is really catching up. Now you can access your account, transfer
funds or make payments with your mobile. Mobile connectivity is vast and this makes mobile banking very
successful.
 Mobile banking through cell phone offers many advantages for customers as well as banks. Some of
them are as follows:-

1. Mobile banking has an edge over internet banking. In case of online banking, you must have an internet
connection and a computer.
2. You can make transactions or pay bills anytime. It saves a lot of time.
3. Mobile banking thorough cell phone is user friendly. The interface is also very simple. You just need to
follow the instructions to make the transaction. It also saves the record of any transactions made.
4. Cell phone banking is cost effective. Various banks provide this facility at a lower cost as compared to
banking by self.
5. Banking through mobile reduces the risk of fraud. You will get an SMS whenever there is an activity in
your account. This includes deposits, cash withdrawals, funds transfer etc. You will get a notice as soon
as any amount is deducted or deposited in your account.
6. Banking through cell phone benefits the banks too. It cuts down on the cost of tele- banking and is more
economical.
7. Mobile banking through cell phone is very advantageous to the banks as it serves as a guide in order to
help the banks improve their customer care services.
8. Banks can be in touch with their clients with mobile banking.
9. Banks can also promote and sell their products and services like credit cards, loans etc. to a specific
group of customers.
10. Various banking services like Account Balance Enquiry, Credit/Debit Alerts, Bill Payment Alerts,
Transaction History, Fund Transfer Facilities, Minimum Balance Alerts etc. can be accessed from your
mobile.
11. You can transfer money instantly to another account in the same bank using mobile banking.

Mobile banking has become really popular owing to the convenience that it gives its customers. You can
access your account, pay bills, and make cash transfers through cell phone banking. It offers many benefits over
internet banking and banking in person. With the wide range of mobile connectivity, mobile banking through cell
phone can be accessed by anyone.

NABARD's Roles and Functions

• Credit Functions

• Framing policy and guidelines for rural financial institutions

• Providing credit facilities to issuing organizations
• Preparation of potential-linked credit plans annually for all districts for identification of credit
potential
• Monitoring the flow of ground level rural credit

• Developmental and Promotional Functions

• Help cooperative banks and Regional Rural Banks to prepare development actions plans for
themselves
• Enter into MoU with state governments and cooperative banks specifying their respective
obligations to improve the affairs of the banks in a stipulated timeframe
• Help Regional Rural Banks and the sponsor banks to enter into MoUs specifying their
respective obligations to improve the affairs of the Regional Rural Banks in a stipulated
timeframe
• Monitor implementation of development action plans of banks and fulfillment of obligations
under MoUs
• Provide financial assistance to cooperatives and Regional Rural Banks for establishment of
technical, monitoring and evaluations cells
• Provide financial support for the training institutes of cooperative banks
• Provide training for senior and middle level executives of commercial banks, Regional Rural
Banks and cooperative banks
• Provide financial assistance to cooperative banks for building improved management
information system, computerisation of operations and development of human resources

• Supervisory Functions

• Institutional and Capacity building

• Help cooperative banks and RRBs to prepare development actions plans for themselves
• Enter into MoU with state governments and cooperative banks specifying their respective
obligations to improve the affairs of the banks in a stipulated timeframe
• Help RRBs and the sponsor banks to enter into MoUs specifying their respective obligations
to improve the affairs of the RRBs in a stipulated timeframe
• Monitor implementation of development action plans of banks and fulfillment of obligations
under MoUs.
• Provide financial assistance to cooperatives and RRBs for establishment of technical,
monitoring and evaluations cells.
• Provide financial support for the training institutes of cooperative banks
• Provide training for senior and middle level executives of commercial banks, RRBs and
cooperative banks
 • Provide financial assistance to cooperative banks for building improved management
information system, computerisation of operations, development of human resources, etc.

• Role in Training
• National Bank Staff College, Lucknow
• National Bank Training Centre, Lucknow
• Zonal Training Centre, Hyderabad
• Regional Training Centre, Mangalore
• Regional Training Centre, Bolpur
• Bankers Institute of Rural Development (BIRD), Lucknow
The provisions of the Act as stated below very clearly indicate the nature and scope of the
developmental mandate of the Bank and its role in training and capacity building with the underlying
belief that the process of development cannot be accomplished by credit/refinance alone.

Advantages and disadvantages of Internet Banking.

Today, internet banking has become a popular method to manage one's money and finances. When
using internet banking accounts, more consumers now feel empowered to take control of their money. Internet
banking, or banking by way of the Internet, offers numerous advantages for banks and consumers.

The following is a list of the advantages of internet banking:

1. Easy to Set-Up: It is easy and fast to set up an internet bank account. All that users have to do to
create an online bank account is complete a short form and then set the security features such as a
password and username. Finally, they just print and sign a form and send it in to the bank.
2. Fewer Costs: There are fewer costs associated with internet banking because online banks do not
have the overhead like traditional banks. Because there are fewer costs, internet banks pass the
savings on to consumers such as reduced service charges and increased interest rates for savings
accounts. They can even offer reduced lending rates for their loans.
3. Easy and Convenient online Bank Comparison: It is easy to research many internet banks online
allowing you to compare such features as interest rates, available credit cards and their interest rates,
FDIC bank rating, and terms and interest rates of their loans. You can then pick the best internet bank
that meets your needs.
4. Easy Bank Account Monitoring: You can track your internet banking and money 24 hours a day, 7
days a week. You can track such things as deposits, clearing of checks, and your account balance. It
allows you to keep your account from going into the negative.
5. Maintain Accurate Financial Records: You can keep track of your financial records by using
software programs such as Microsoft Money or Quicken. This will allow you to budget more efficiently
and track your spending.
6. Bank Account Security: Along with bank internet security features, you have the ability to monitor
you account any time which helps to detect any fraudulent activity. You will know immediately if
someone has written a check or withdrew money from your account. You will then immediately be
able to start resolving the problem before there is too much damage to your finances.
7. Convenient Banking Online: Traditional banking has always been slow. With online banking, you
will no longer have to stand in long lines to obtain financial information about your account. As well,
there is less paperwork and applying for loans is faster, easier, and more convenient. You can even
transfer funds from one account to another in almost an instant and you can carry out such
investment tasks as bond exchanges, stock trades and other investment activities.

Today, the internet has made many daily tasks much easier and more convenient. The
economic and convenience advantages have now made internet banking a popular choice for millions
of consumers. Internet banking gives consumers more control over their internet banking and money.
No matter your location, or the time of day, with internet banking, your money is only a few clicks
away.

Disadvantages of Internet Banking:

The biggest disadvantage of internet banking is the lack of trust that most people have. Most
people executing a transaction through internet banking always have an underlying uneasiness about
the transaction and end up printing the transaction receipt to allay their fears. The receipt is a proof
that the transaction was executed successfully.

Many beginners find internet banking difficult to learn and it can take time for them to get used
to it. In addition, certain internet banks ask for photo identification and this can cause inconvenience
to many people.
 You have to be very careful about ensuring that you have the right kind of virus protection or
you could prey to banking frauds and identity theft. However, this is the fault of your computer (or
laptop) and not internet banking.