Thursday 28 February 2019

International Banking and Foreign Exchange Management-Situations in which Direct Quote would be used


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International Banking and Foreign Exchange Management
NMIMS MBA APRIL 2019 SOLVED ASSIGNMENTS
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NMIMS MBA SOLVED APRIL 2019 ASSIGNMENTS

1. Casa bank was a domestic bank and was doing good in the Indian Market. The managers of the bank were planning to expand to global operations and decided to propose the same to the management. Prepare a short report on the strategies that would be required for successful internationalization of the bank.

2. Commercial banks offer an effective platform for effecting cross-border remittance transactions. These banks have an advantage of extensive networks across countries for sending and receiving international payments and settlement systems. Prepare a report on the factors that need to be taken care by the banks offering the services of foreign remittances to their customers. (10 Marks)

3. Shiva has completed his Banking and Finance course and has joined the foreign exchange department in a bank. His profile would include transactions in various currencies for which he needs to understand the different quotations properly. Help Shiva to prepare a short report on:

a) Situations in which Direct Quote would be used (5 Marks)

b) Situations in which Indirect Quote would be used (5

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