In this issue

The December 2019 issue brings you the latest update about the latest development in the Banking and Financial sector in India. The issue covers the latest development in Banking, Housing, Mutual Fund and the Financial Sector. We have covered articles onChallenges in changing landscape in MSME lending for banks & suggestive measures - R Sumitra,External Benchmark for Floating Rate Loans - B P Sharma, Ways of boosting agricultural credit in Banks - Rajeev Kumar andDecoding the Insolvency and Bankruptcy Code: Recent Amendments 2019 - Manish Yadav.

We have also covered Banking Promotional Exam Sample Questions Series 17, RBI Circular etc.
Apart from the above, there are several regular features, news, updates and so on from the industry.

CHALLENGES IN CHANGING LANDSCAPE IN MSME LENDING FOR BANKS & SUGGESTIVE MEASURES

The Role of MSMEs in the economic and social development of a country can hardly be over- emphasized. They are the major contributor in export, GDP and they play a significant role in maintaining balance in economic development yet they suffer from lack of adequate finance.It has been observed that business with tremendous growth potential fails to gain strong foothold due to paucity of both short term & long term finance.Banks/ FIs has important role to play in nurturing the small business units by providing them with adequate finance. It is observed that "Return on Capital Employed" in case of MSMEs using external finance is higher compared to SMEs who do not borrow. Unfortunately, still many MSMEs are unbanked; they still rely on informal sources of finance such as family, friends and relatives.The banks/ FIs also face several challenges in lending to MSMEs due to the inherent limitations of the sector like inability to submit required papers, lack of adequate collateral security, poor business financials etc.In this article , we have discussed the major challenges faced by banks in lending to MSMEs and some suggestive measures for improvement.

6 mins

EXTERNAL BENCHMARK FOR FLOATING

The amended Reserve Bank of India Act, 2016 has mandated the RBI to conduct monetary policy for achieving price stability as its primary objective while being mindful of growth. This mandated objective is difficult to achieve unless supported by a robust transmission mechanism (Acharya, 2017).

10+ mins

WAYS OF BOOSTING AGRICULTURAL CREDIT IN BANKS

Sources of agriculture credit can be broadly classified into institutional and non -institutional sources. Non-institutional sources include moneylenders, traders and commission agents, relatives and landlords but institutional sources include co-operatives, commercial banks including the SBI Group RBI AND NABARD.

4 mins

DECODING THE INSOLVENCY AND BANKRUPTCY CODE: RECENT AMENDMENTS 2019

The Insolvency and Bankruptcy Code

5 mins

SALARIED EMPLOYEES WHO GET HRA CAN'T CLAIM DEDUCTION UNDER SECTION 80GG ON RENT PAID

The income tax department recently sent notices to a number of salaried employees for claiming deduction for rent paid under Section 80GG of the Income-tax Act, 1961, even though they were receiving house rent allowance (HRA) from their employers.

2 mins

WHAT YOU CAN DO TO AVOID E-WALLET FRAUD

There is no end to the number of ways fraudsters can dupe you out of your money if you're not careful.

4 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.