Download Rupali Bank Ltd. Final Report PDF

TitleRupali Bank Ltd. Final Report
TagsBanks Corporate Social Responsibility Small And Medium Sized Enterprises Stakeholder (Corporate) Financial Capital
File Size494.9 KB
Total Pages52
Table of Contents
                            Sources of Data
	Primary Sources
	Secondary sources
                        
Document Text Contents
Page 26

--Savings Deposit

--Current Deposit

--Short Notice Deposit

--Time Deposit

--DPS

--Rupali Deposit Pension Scheme

--Festival Deposit

--Call Deposit

Interest Rates

SL No. Types of Deposit Interest Rate per annum

1. Savings Deposit 4.50%

2. Short Notice Deposit 3.50%

3. Time Deposits

a) 3 months & above but less than 6

months
b) 6 months & above but less than 1 year
c) 1 year & above but less than 2 years
d) 2 years & above but less than 3 years

7.50%
7.75%
8.00%
8.50%

4. Deposit From foreign Remitance 6.00%

5. Rupali Bank Deposit Pension-Scheme 2 6.50%
* The rates of interest are changeable from time to time depending upon market competition.

4.10.2 Loans & advances:

General Products

 Cash credit(Hypothetical)

 Cash credit(Pledge)

 Overdraft (OD)

 Loan against FDR

 Loan against Deposit Schemes

 Industrial Project Loan (Long & Multi Term)

 Short Term Loan

 Syndicate Loan

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Page 51

• As with all other channels of advertising infrastructure, CSR should get

comparable preference while assigning RBL’ communications budget. In fact,

partiality to CSR expenses should be greater because it has the ability to raise

the public consciousness with a fraction of publicity.

• RBL can afford to employ CSR employees, who should rely on them to put

together well written, influential and perform and plan CSR programmes and

press releases that are competent enough to catch public attention. This will also

work to minimize the information gap and ensure actual CSR expenditure

reporting.

• RBL Should issue separate report of its CSR programs and activities including

quantitative disclosure of CSR expenditure in accordance with the Bangladesh

Bank Guidelines.

7.3 Conclusion:

In recent times, corporate social responsibility has emerged as an important concept in

discourses on development. By incorporating CSR as a strategic investment into their

fundamental business strategy, management instruments and operation, companies will

be able to contribute to social and environmental issues affecting the development of

mankind. CSR is not a cost, it is an investment. Therefore, by incorporating CSR,

businesses will be able to contribute to the society and at the same time minimize risk

due to uncertainty. In the context of Bangladesh, CSR can contribute immensely for the

development of the community. Though Rupali Bank Limited has taken initiatives to

perform CSR activities in accordance with Bangladesh Bank Guidelines in most of the

cases, but the bank should properly follow the Bangladesh Bank Guidelines.. As there

are challenges to implement CSR properly in our country because of limited resources,

RBL should prioritize those CSRs which will contribute to poverty reduction and will

supplement government’s effort towards achieving the millennium development goals.

By exhibiting suitable CSR programs, adopting proper green baking policy, employing

CSR employees, RBL can be able to achieve a long term goal of sustainable

development.

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Page 52

Bibliography:

Cheney, C (2010). Financial Executives and CSR. Financial Executive. 26 (4), 26.

Köhler and Maclean. (2009). Talisman? A responsible corporation?. Corporate Social

Resposibility. 122 (23), 36.

Iiasa, (2010). Strategic Decision Making. Available:

www.iiasa.org.za/Technical/CSR.pdf .

Maccarrone, S (2009). Factors influencing the attitude towards corporate social

responsibility: some empirical evidence from Italy. Corporate Governance. 9 (2), 97.

Worldbank (2010), Corporate Social Responsibility Diamond – Main Elements of

CSR. Available: info.worldbank.org/etools/docs/library/57524/csr_diamond.pdf.

Sutantoputra, A W (2009). “Social disclosure rating system for assessing firms' CSR

reports. Corporate Communications”. 14 (1), 34.

Belal,A.R. (2009). “Corporate Social Reporting (CSR) in Emerging Economies: A

Review and Future Direction”.

Rupali Bank Limited , Annual Report 2010.

Rupali Bank Limited ,Annual Report 2009.

Rupali Bank Limited, Annual Report 2008.

Bangladesh Bank, Annual Report 2010-2011.

Bangladesh Bank, (July, 2011), “Review of CSR initiatives in Banks (2010)”

Bangladesh Bank, (April, 2010), “Review of CSR initiatives in Banks (2008 & 2009)”

DOS Circular No. 01(1 June, 2008)

http://www.bangladesh-bank.org/

http://www.nbr-bd.org

http://www.rupalibank.org/

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http://www.rupalibank.org/
http://www.nbr-bd.org/
http://www.bangladesh-bank.org/

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