Cord Blood Banks in India

In: Business and Management

Submitted By pravin543
Words 273
Pages 2
Cord Blood Banks in India

1)Baby Cell(Mumbai)
Total initial cost for registration = Rs 5000/-
Babycell Biocord: Cord blood + cord tissue banking = 59000/-
Total cost includes enrollment + courier + processing + 21 years storage fee.
Multiplication of Mesenchymal Stem Cells (MSC) is free of cost
2)Cryo save India (Bangalore)
• Cryo Cord:
This service includes only the Cryo preservation of the stem cells derived from Umbilical Cord blood. The service Fee includes, logistics, testing, processing and storage for 21 years.
Cryo Cord: Subscription fee INR 5,000 + service fee INR 80,000 = Total fee INR 85,000
• Cryo Cord+: This service includes the standard processing and storage of the stem cells derived from Umbilical Cord blood plus additional processing & storage of Umbilical Cord Tissue.
Cryo Cord+: Subscription fee INR 5,000 + service fee INR 85,000 = Total fee INR 90,000
3)Life cell (Chennai)
Umbilical Cord Banking - Standard Plan
5,000 Enrolment Fee
9,990 Umbilical Cord Blood Processing Fee (does not include collection fee)
5,000 Umbilical Cord Tissue Processing Fee
19,990 Total amount payable during enrolment

Annual Storage Fee payable every year on the birth anniversary of the child
3,500 Single Site Storage at Chennai or Gurgaon
4,000 Dual Storage at Chennai & Gurgaon
.4)Ree labs (Mumbai)
ReeLabs net fee for enrollment, processing, and storage is Rs 69,000.
5)Cord life India(Kolkata) the initial storage cost would be Rs 38000 and then Rs 3600 annually as storage fees. Parents can also opt to pay Rs 70,000 one time for 18 years, after which the baby can decide to extend the storage…...

Similar Documents

Comparitive Study on Nationalised and Private Banks in India

...need for government regulated banking system was felt.  The British government began to pay attention towards the need for an organised banking sector in the country and Reserve Bank of India was set up to regulate the formal banking sector in the country. But the growth of modern banking remained slow mainly due to lack of surplus capital in the Indian economic system at that point of time. Modern banking institutions came up only in big cities and industrial centres. The rural areas, representing vast majority of Indian society, remained dependent on the indigenous money lenders for their credit needs.   Independence of the country heralded a new era in the growth of modern banking. Many new commercial banks came up in various parts of the country. As the modern banking network grew, the government began to realise that the banking sector was catering only to the needs of the well-to-do and the capitalists. The interests of the poorer sections as well as those of the common man were being ignored.   In 1969, Indian government took a historic decision to nationalise 14 biggest private commercial banks. A few more were nationalised after a couple of years. This resulted in transferring the ownership of these banks to the State and the Reserve Bank of India could then issue directions to these banks to fund the national programmes, the rural sector, the plan priorities and the priority sector at differential rate of interest.  This resulted in providing fillip the banking......

Words: 24450 - Pages: 98

Evaluation and Structure of Commercial Bank in India

...EVALUATION AND STRUCTURE OF COMMERCIAL BANKS IN INDIA Vinod Raina, ACS, Company Secretary Anjani Technolast Limited, Noida Introduction In the earlier societies functions of a bank were done by the corresponding institutions dealing with loans and advances. Britishers brought into India the modern concept of banking by the start of Bank of England in 1694. In 1708, the bank of England was given the monopoly for the issue of currency notes by an Act. In nineteenth century various banks started operations, which primarily were receiving money on deposits, lending money, transferring money from one place to another and bill discounting. History of Banking in India: Banking in India has a very old origin. It started in the Vedic period where literature shows the giving of loans to others on interest. The interest rates ranged from two to five percent per month. The payment of debt was made pious obligation on the heir of the dead person. Modern banking in India began with the rise of power of the British. To raise the resources for the attaining the power the East India Company on 2nd June 1806 promoted the Bank of Calcutta. In the mean while two other banks Bank of Bombay and Bank of Madras were started on 15th April 1840 and 1st July, 1843 respectively. In 1862 the right to issue the notes was taken away from the presidency banks. The government also withdrew the nominee directors from these banks. The bank of Bombay collapsed in 1867 and was put under the......

Words: 2376 - Pages: 10

First Internet Bank of India

...smart phone to locate a nearby atm, check their bank balance, and view their account statement. for a person who phone is a lil older than the number may be a little to small to see and you can not zoom in. Older people may not know how to zoom in and they may not be able to see the numbers on a smart phone. Also, smart phones may not have some of the capabilities of doing the things you want to do such as, transferring funds among accounts or monitor account history or balance. This may because things of those nature require alot of numbers that just can’t fit onto a screen that small or difficult to see or a smaller screen. C11-1. When considering an online only bank, the convenience of not being able to stop at a branch is a concern Not having the internet sometimes may be a problem with accessing your banking account. Website maintenance can be an inconvenience. If the bank is working or updating their website. Slow internet, can make banking taking longer than you want it too. Banking website that may be too advance maybe for an older person and its hard to find what you are looking for.. The technology a bank uses may not be compatible with your computer or you may not have the software to use some of the functions of a bank website. For example, if you don’t have PDF on your computer and your statement may online be seen using PDF. If you need to pay some one quick for example when using a cashier check, online banks will not be able to provide you with......

Words: 805 - Pages: 4

A Study on Mobile Banking Initiatives Taken by Reserve Bank of India(Rbi)

...CORPORATE FINANCE A study on Mobile Banking initiatives taken by Reserve Bank of India (RBI) to enable financial inclusion SUBMITTED BY A Naga Jyoti 1313009 Scope: This term paper envisages to study the major initiatives taken so far by Reserve Bank of India to enable financial inclusion using mobile device and the way forward to take the initiatives to the next level. Financial inclusion is the delivery of financial services at affordable costs to the disadvantaged and vulnerable segments of society. Indian banking sector has been facing severe challenges in bringing these under privileged sections of the society into the formal financial system.  More than 70% of the population, in India, live in the rural areas and these people do not have any access to organized banking facilities. Extending the financial services to these unbanked population is a major challenge to the banks as operating cost of providing the services to this population is much higher than the monetary value that is carried by their financial transactions. Several innovative measures have been initiated by RBI to drive growth in financial inclusion like: 1. No-Frills Accounts (NFAs): RBI encouraged the banks to review their existing practices to enable financial inclusion. Banks extended financial services to the unbanked households by opening “no-frills” account (NFAs) with nil or very low minimum balance. Banks have even relaxed Know your Customer (KYC) norms for these people. ......

Words: 2921 - Pages: 12

Financial Inclusion – Role of Commercial Banks in India

...objective for many central banks among the developing nations. Joint Liability Groups (JLGs) of the poor such as landless, share croppers and tenant farmers is another innovative mechanism towards ensuring greater financial inclusion. This mechanism has already been operationalised in a few regions under a Pilot Project of NABARD. Commercial Banks have been actively promoting such groups for effectively purveying credit and other facilities to such clients. In the current budget the govt. has earmarked a sum of Rs 100 Crores for Banks to open branches in un banked and difficult areas. Biometric card based authentication devices, are being used by the bank’s Business Correspondents at the villages. So far, 344 districts have been identified by State Level Bankers Committee for 100 per cent financial inclusion. As a result of the campaign of the public sector banks, 175 districts in 21 States and 7 Union Territories have reported having achieved the target. The self-help group (SHG)-bank linkage Programme has emerged as the major micro-finance Programme in the country and is being implemented by commercial banks, RRBs and co-operative banks. As on March 31, 2008 3.6 million SHGs had outstanding bank loans of Rs.17, 000 Crore, an increase of 25 per cent over March 31, 2007 in respect of number of SHGs credit linked. During 2007-08, banks financed 1.2 million SHGs for Rs.8,849 Crore. As at end-March 2008, SHGs had 5 million savings accounts with banks forRs.3,785 Crore. The......

Words: 2222 - Pages: 9

Blood Charac

...Quality of Red Blood Cells Isolated from Umbilical Cord Blood Stored at Room Temperature Mariia Zhurova, 1 John Akabutu, 2 and Jason Acker 3 ,* Author information ► Article notes ► Copyright and License information ► ------------------------------------------------- Abstract Red blood cells (RBCs) from cord blood contain fetal hemoglobin that is predominant in newborns and, therefore, may be more appropriate for neonatal transfusions than currently transfused adult RBCs. Post-collection, cord blood can be stored at room temperature for several days before it is processed for stem cells isolation, with little known about how these conditions affect currently discarded RBCs. The present study examined the effect of the duration cord blood spent at room temperature and other cord blood characteristics on cord RBC quality. RBCs were tested immediately after their isolation from cord blood using a broad panel of quality assays. No significant decrease in cord RBC quality was observed during the first 65 hours of storage at room temperature. The ratio of cord blood to anticoagulant was associated with RBC quality and needs to be optimized in future. This knowledge will assist in future development of cord RBC transfusion product. Go to: ------------------------------------------------- 1. Introduction Fetal and neonatal anemias are among the most serious complications of pregnancy and postnatal development. The causes of fetal anemia include immune haemolytic disease [1],...

Words: 6474 - Pages: 26

State Bank of India

...Evolution The origins of the State Bank of India can be traced back two hundred years to the establishment of the Bank of Calcutta. The keen interest shown by the directors of the bank in maintaining records found an echo in 1975 when R.K. Talwar, a former chairman of the State Bank, commissioned an account of the bank's evolution from its earliest days. Banking in those days was a far cry from what it is today-an unbiased, uniform system that has led to increased purchasing power across classes. At the time, even though the rupee was the unifying currency, there also existed a confusing array of coinage whose value could vary by the region. Besides the cowrie-sea shells brought in from the Maldives-were the sicca, the Arcot rupee, notes issued by various banks and copper, silver and gold coins that the British tried to introduce as a standard coinage. Only the wealthy Indians and the Europeans had any use for bank notes-for the greater part of the population even the lowly copper coin had a purchasing power beyond their day-to-day needs. Rates of interest, while regulated for the banks to a maximum of 12 per cent, were exorbitant for the peasants, labourers and artisans with 50 per cent being fairly standard. The organizational set-up had its own share of anomalies, with salaries far lower for Indians than Europeans. The highest an Indian could aspire to was the position of khazanchee, a thankless job whose responsibility was equal to that of the secretary and treasurer...

Words: 8300 - Pages: 34

Corporate Governance in Banks in India, Aus, Uk

...THE UNIVERSITY OF BURDWAN DIRECTORATE OF DISTANCE EDUCATION TERM PAPER ON CORPORATE GOVERNANCE PRACTISE BY DIFFERENT COMPANIES OF INDIA AND OTHER COUNTRIES. COURSE: MASTERS IN BUSINESS ADMINISTRATION PAPER: BUSINESS LAWS AND CORPORATE GOVERNANCE. PAPER CODE: MBD 107. SEMESTAR: 1ST SUBMITTED BY SOUMYA KANTI BOSE ENROLLMENT NO: DDE/MBA/JUL2013/14. REGISTRATION NO: APPLIED FOR. SESSION: JULY 2013 - JUNE 2015. INDEX PARTICULARS | PAGE NO | Introduction | 03 | Objectives of Study | 03 | World Scenario in Corporate Governance | 03 | Indian Scenario in Corporate Governance | 03-04 | Corporate Governance Practices By State Bank of India, India | 04-05 | Corporate Governance Practices By Axis Bank Ltd, India | 05-13 | Corporate Governance Practices by National Australia Bank, NAB | 13-18 | Corporate Governance By HSBC, London | 19-23 | Conclusion | 23 | Reference | 23 | Introduction: The issue of corporate governance has come up mainly in the wake up economic reforms characterized by liberalization and deregulation. Corporate governance has at its backbone a set of transparent relationships between an institution’s management its board, shareholders and other stakeholders. Corporate governance has come up mainly in the wake up of economic reforms characterized by liberalization and deregulation. According to OECD, the corporate governance structure specifies the distribution of rights and responsibilities among different participants in the......

Words: 8238 - Pages: 33

Your Health: Umbilical Cord Blood Could Be Saving Lives

...and save their baby’s umbilical cord blood. They’ll only have one opportunity to do it: in the moments following their baby’s birth. Umbilical cord blood is a rich source of stem cells, considered to be the master cells of the body. Under the right conditions, these immature, “undecided” cells can be transformed to virtually any type of cell in the human body. For nearly two decades, these cells have been used in transplant medicine to treat more than 80 serious diseases, including leukemia and other blood disorders and cancers. Scientists at leading universities in the U.S. are exploring a growing list of other potential uses for cord blood stem cells. One of the most promising areas of stem cell research is regenerative medicine, in which an individual’s own stem cells are used to repair damaged or diseased tissues and organs. Clinical trials are underway to evaluate the benefits of using a child’s cord blood stem cells in the treatment of type 1 diabetes, heart defects, cerebral palsy and other brain injuries. “Cord blood stem cells are not the same as embryonic stem cells, which come from human embryos and are very controversial,” explained obstetrician-gynecologist Marra Francis of The Woodlands, Texas. “When cord blood cells are used to treat an illness, they’re administered to the individual intravenously, like a blood transfusion.” In the body, stem cells can trigger natural repair processes by reducing inflammation and increasing blood flow to injured or diseased......

Words: 767 - Pages: 4

Small and Payment Banks in India

...Conclusion 7 5 Bibliography 8     INTRODUCTION On July 17, 2014, RBI issued draft guidelines for small banks and payment banks. Payment banks and small banks are “niche” or “differentiated” banks; with the common objective of furthering financial inclusion. While small banks will provide a whole suite of basic banking products, such as, deposits and supply of credit, but in a limited area of operation, payments banks will provide a limited range of products, such as, acceptance of demand deposits and remittances of funds, but will have a widespread network of access points particularly to remote areas, either through their own branch network or through Business Correspondents (BCs) or through networks provided by others. They will add value by adapting technological solutions to lower costs. GUIDELINES:- • Purpose There is a need for transactions and savings accounts for the underserved in the population. Also remittances have both macro-economic benefits for the region receiving them as well as micro-economic benefits to the recipients. to migrant labour workforce, low income households, small businesses, other unorganised sector entities and other users, by enabling high volume-low value transactions in deposits and payments / remittance services in a secured technology-driven environment. The objectives of setting up of small banks and payment banks will be for furthering financial inclusion by (i) provision of savings vehicles to underserved and unserved......

Words: 2576 - Pages: 11

Blood Bank

...Case: Blood Bananas Name: Muhammad Umair Sami ID: 13E00132 Section: A Chiquita brand was one of the leading producer of high quality marketer and distributor of fruit products in the world. Chiquita Brands have been working in Colombia for the past 100 years under their subsidiary Banadex, operating extensive fruit plantations and providing employment opportunities to over 12,000 workers. Colombia had in recent years become a very violent country due to rise of narcotics trade and formation of paramilitary groups. The company was approached by one of the paramilitary groups United Self Defense Forces of Columbia (AUC) for protection money disguised as security services for operating in the company. The company faced a dilemma of paying the protection money or risks the smooth operations and safety of their employees. AUC is not currently listed as a terrorist organization by the US State Department, so the company had the option of doing business with AUC. AUC had a reputation of functioning as a death squad and did not hesitate to murder or extortion. The company was faced with three problems to do business with AUC: 1) Agree to Pay They will be supporting a terrorist organization and will face dilemma of being blackmailed by other drug cartels and will indirectly supporting terrorist activities in Columbia. Secondly they will be risking their corporate reputation by engaging in unethical business practices. 2) Refuse to Pay If they refuse to pay they......

Words: 565 - Pages: 3

Functions of the Blood Bank

...Functions of the Blood Bank: An Overview The American Association of Blood Banks (AABB) is one of the main or crucial international association of blood banks and this includes hospitals, community blood centers and transfusion and transplantation services, as well as those involved in transfusion and transplantation medicine. Standards concerning patient care and donors in all facets of blood banking, transfusion medicine, and hematopoietic, cellular and gene therapies are established by the AABB. It is usually the organization responsible for accreditation while the Food and Drug Administration (FDA) is the agency responsible for regulation. “The blood bank laboratory is a place of business where donated blood and blood products undergo extensive testing, and every task associated with the work performed is scrutinized to ensure the quality and safety of both the services and the products provided.” (Harmening 2012). It may be an isolated free-standing facility but is typically part of a larger laboratory associated with a hospital or community blood center. The blood bank is responsible for collecting, storing, processing and distributing human blood and blood products for the purpose of transfusion. The blood donated and collected is whole blood and is separated into red blood cells, plasma and platelets. Each of the preceding components can be separately transfused to different individuals depending on their needs. If the component to be prepared is platelets then......

Words: 631 - Pages: 3

Blood

...The Rh factor (ie, Rhesus factor) is a red blood cell surface antigen that was named after the monkeys in which it was first discovered. Rh incompatibility, also known as Rh disease, is a condition that occurs when a woman with Rh-negative blood type is exposed to Rh-positive blood cells, leading to the development of Rh antibodies. Rh incompatibility can occur by 2 main mechanisms. The most common type occurs when an Rh-negative pregnant mother is exposed to Rh-positive fetal red blood cells secondary to fetomaternal hemorrhage during the course of pregnancy from spontaneous or induced abortion, trauma,[1] invasive obstetric procedures, or normal delivery. Rh incompatibility can also occur when an Rh-negative female receives an Rh-positive blood transfusion. In part, this is the reason that blood banks prefer using blood type "O negative" or "type O, Rh negative," as the universal donor type in emergency situations when there is no time to type and crossmatch blood. The most common cause of Rh incompatibility is exposure from an Rh-negative mother by Rh-positive fetal blood during pregnancy or delivery. As a consequence, blood from the fetal circulation may leak into the maternal circulation, and, after a significant exposure, sensitization occurs leading to maternal antibody production against the foreign Rh antigen. Once produced, maternal Rh immunoglobulin G (IgG) antibodies may cross freely from the placenta to the fetal circulation, where they form antigen-antibody......

Words: 3290 - Pages: 14

Measurement of Efficiency of Banks in India

...MP A R Munich Personal RePEc Archive Measurement of Efficiency of Banks in India Varadi, Vijay Kumar, Mavaluri, Pradeep Kumar and Boppana, Nagarjuna University of Hyderabad, India August 2006 Online at http://mpra.ub.uni-muenchen.de/17350/ MPRA Paper No. 17350, posted 17. September 2009 / 09:11 Measurement of Efficiency of Banks in India 1 - Varadi Vijay Kumar , - Mavaluri Pradeep2 - Boppana Nagarjuna 3 Introduction: The opening up of the financial sector in 1990 followed by RBI’s reform program4 which intended to create an viable, competitive and efficient banking system in India had resulted in entry of many private banks both Indian as well as foreign banks and increase competition among the commercial banks in India. Between the years 1991-97 there ware a greater inflow of 21 foreign banks and 9 private banks in the Indian banking. In 1998 the Cash Reserve Ratio (CRR) was raised to 9% (effective as March 2000) with government securities given a 2.5% risk weight to begin reflecting interest rate risk. On-site supervision of banks was introduced in 1995, and CAMELS system of annual supervision was introduced in 1997, and in 1998, RBI judged that this system can fully met 14 of the 25 Basel Core Principles of Supervision and was implementing compliance with the other 11 core principles. In this process, by 1997-98, most of the financial market was liberalized. In 1999, Vasudevan committee made an initiative to the beginnings of a......

Words: 6380 - Pages: 26

Nationalisation of Banks in India

...Nationalization of banks in India generated a controversy which was meaningless. In fact the public deposits in the banks have increased so much that it is unsafe to leave them in the private hands. Banks by advancing loans to the speculators and non- priority sectors can play havoc with the economy of the country. So banks were nationalized in the larger interests of the nation. Banks are the custodians of the public money but they were in private hands. Some directors of the banks used to utilize funds for their personal benefit By entering into partnership with some business they would sanction loans and get profits. Thus public money was used for personal profit. In a welfare state a government cannot sleep over the matters that do harm to the public interest. Banks, thus, used to advance loans to the individuals or non- priority sectors. Planned economy cannot work till all the factors influencing economy are geared up in that direction. Agriculture and cottage industries were to be financed in order to give a fillip to them. This could be done if the government had a control over the disbursement of Banks' loans. Nationalization is in accordance with our national policy of adopting socialistic pattern of society. Some may say that industries which provide proper place for exploitation should have been nationalized first They forget that the control of the capital is neces­sary because it gives power to exploit. Another objection raised against......

Words: 373 - Pages: 2