BANKING FINANCE - December 2021

QR: The Next Big Disruptor

QR codes are also being used in education to improve communication between teachers and students

RBI CIRCULAR

All individuals currently holding lockers in any operating bank in the country have to provide proof of eligibility to renew their locker arrangement. The locker renewal agreement must be signed by 1 January 2023. This rule would apply to every individual who uses safe deposit lockers in any bank in the country

DEPOSIT INSURANCE: A COMPARATIVE STUDY ON FDIC AND DICGC

Abstract - Deposit insurance has been an integral part of banking industry in ensuring the stability of financial systems. The Federal Deposit Insurance Corporation (FDIC) in the United States has been providing deposit insurance since 1933, whereas the Deposit Insurance and Credit Guarantee Corporation (DICGC) in India was established in 1978. While both institutions serve similar functions, there are some notable differences in their policies and operations. This paper aims to explore the lessons DICGC can learn from FDIC and how it can be useful for the Indian banking industry and its customers. The study uses a qualitative research approach, utilizing secondary sources of data. The findings suggest that the DICGC can learn from the FDIC's best practices in terms of risk-based premiums, effective communication with stakeholders, and continuous review of policies. The study concludes that implementing these practices can enhance the efficiency and effectiveness of DICGC in ensuring the stability of the Indian banking system

CATASTROPHIC BONDS-ISSUANCE, TYPES, BENEFITS AND RISKS INVOLVED

Catastrophic bonds, also known as catastrophe bonds, are a form of risk management instrument

REINVENTING CUSTOMER EXPERIENCE THROUGH CONVERSATIONAL BANKING

The Banking, Financial Services & Insurance (BFSI) industry is continuously undergoing a remarkable digital transformation that is leading the way with new FinTech, InsurTech and RegTech services

GLOBAL REGULATORY PRIORITIES

Financial regulations refer to a form of regulation or supervision of financial markets and institutions

THE ROLE OF ARTIFICIAL INTELLIGENCE IN REVOLUTIONISING AGRICULTURE IN INDIA: A LOOK AT THE LATEST ADVANCEMENTS AND USE CASES

Agriculture has been one of the most fundamental practices that sustains human life, and the advancements in technology have made it possible to optimize the processes involved in Agriculture and allied activities. India's backbone is still its farmers

5G Banking

India has taken a mega leap in mobile telephony by joining a select group of countries who provide 5G telephony.

Artificial Intelligence - An Enabler For HR Analytics

Human Resource (HR) management has undergone a disruptive transformation in the recent past with the advent of big data, machine learning and artificial intelligence (AI).

What Is The Primary Purpose Of Investing

In today's world, investment has become a hot topic of discussion, but have you ever asked yourself why you should invest? The answer to this question is straightforward- the purpose of investing is to help you achieve your life goals, both short-term and long-term.