In this issue

In this issue we have covered articles on Transformation Efforts of the Banking Industry of Bangladesh in the New Normal - Prof. Shah Md Ahsan Habib; Time Bank is need of the time - Rajeev Kumar; Has the wheel Completed full circle? - M Raghavendra Rao; Crypto Currency - Prabhat Singh Suman; Startup India Scheme - A Review - Dr. V S Kaveri; Foreign Contribution (Regulation) Amendment Act 2020, Guidelines and Bank Procedures - K. G. Sridhar.

We have covered news on Banking, RBI, Industry, Mutual Fund and Co-Operative Bank News.

Besides it covers other interesting features.

TRANSFORMATION EFFORTS OF THE BANKING INDUSTRY OF BANGLADESH IN THE NEW NORMAL

The impact of the Covid-19 crisis created foundation for the transformation and restructuring of the banking industry. Historically, economic and financial crises challenged traditional business models which appear to be even more relevant during new normal.

8 mins

Time Bank Is Need Of The Time

The concept of Time Banks is gaining momentum at a rapid pace in the entire world. Time banks have been established in 34 countries The numbers of Time Banks have grown sharply in the year 1940. At that time the number of Time Banks in United States were500 and now more than 37000 enrolments exist. Time Banks also have a significant presence in Switzerland, Japan, South Korea, New Zealand, Taiwan, Senegal, Argentina, Israel, Greece, and Spain.

6 mins

HAS THE WHEEL COMPLETED A FULL CIRCLE?

The above question has come to the foray, as the farm bills passed by the parliament has become an Act with the assent of President Sri Ram Nath Kovind.

10+ mins

What You Need To Know About Cryptocurrency

Crypto means a person who adheres or belongs secretly to a party or group, not openly declared. Cryptocurrency is a virtual currency or digital currency that is secured by cryptography, which makes it nearly impossible to counterfeit or double-spend. Many cryptocurencies are decentralized networks based on blockchain technology - a distributed ledger enforced by a disparate network of computers.

5 mins

FOREIGN CONTRIBUTION (REGULATION) AMENDMENT ACT 2020, GUIDELINES AND BANK PROCEDURES

The Government of India notified FCRA 2020(Amendment) and it came into effect from 29th September 2020 and has given strict enforcement and stringent penalties (including criminal consequences) for violations of the FCRA. Let us understand the rules for foreign contribution from its inception.

10+ mins

AXIS BANK ACQUIRES CITIBANK'S INDIA CONSUMER BUSINESS FOR RS. 12,325 CR

In a significant acquisition in the Indian banking sector, Axis Bank has acquired Citibank's consumer businesses for Rs 12,325 crore.

2 mins

Read all stories from BANKING FINANCE

BANKING FINANCE Magazine Description:

BANKING FINANCE Magazine is a monthly magazine published by Sashi Publications Pvt Ltd. in Lucknow, India. It is one of the leading banking and finance magazines in the country. The magazine is known for its in-depth coverage of the Indian banking and finance industry, as well as its insights from leading experts in the field. It covers a wide range of topics related to banking and finance, including:

* Banking trends and developments: BANKING FINANCE Magazine covers the latest trends and developments in the Indian banking industry, such as new digital banking initiatives, regulatory changes, and mergers and acquisitions.
* Financial markets: BANKING FINANCE Magazine also covers financial markets, including the stock market, bond market, and currency market. The magazine provides analysis of the latest market trends and investment opportunities.
* Corporate finance: BANKING FINANCE Magazine also covers corporate finance, including articles on capital markets, mergers and acquisitions, and corporate restructuring.
* Personal finance: BANKING FINANCE Magazine also features articles on personal finance, such as saving, investing, and retirement planning.
* Risk management: BANKING FINANCE Magazine also covers risk management, including articles on credit risk, market risk, and operational risk.

BANKING FINANCE Magazine is a valuable resource for anyone who is interested in the Indian banking and finance industry. It is a must-read for anyone who is looking to stay informed about the latest trends and developments in the industry, or who is looking for insights from leading experts in the field.