Business
BANKING FINANCE
TREDS: A CASH FLOW SOLUTION FOR MSMES
MSMEs have been facing the problem of delayed realization of their bills and receivables since long, particularly from large corporate buyers and government organizations.
10+ min |
February 2022
BANKING FINANCE
TALENT MANAGEMENT IN THE EMERGING BANKING SCENARIO
Ability teaches us how we do, Motivation determines why we do, And Talent decides how well we do.
10+ min |
February 2022
BANKING FINANCE
Paisabazaar.com and Axis Bank Launch Pre-Qualified Program for Personal Loans
Paisabazaar.com, India’s largest digital marketplace for consumer credit, announced today that it has strengthened its partnership with Axis Bank, India's third largest private sector bank, by launching a Pre-Qualified Program for unsecured loans on its platform.
1 min |
February 2022
BANKING FINANCE
PRIVATISATION OF PSBS A NEW PANACEA
The country is going through a discussion about privatisation of PSBs and Government is vigorously pulling up for the same.
3 min |
February 2022
BANKING FINANCE
AGRICULTURE INFRASTRUCTURE FUND SCHEME: OPPORTUNITIES TO FINANCE
The role of infrastructure is crucial for agriculture development and for taking the production dynamics to the next level. It is only through the development of infrastructure, especially at the post-harvest stage that the produce can be optimally utilized with opportunity for value addition and fair deal for the farmers. Development of such infrastructure shall also address the vagaries of nature, the regional disparities, development of human resource and realization of full potential of our limited land resource.
7 min |
February 2022
BANKING FINANCE
Future Of Artificial Intelligence In The Banking Sector
Artificial Intelligence is the Intelligence demonstrated by machines, unlike the natural Intelligence displayed by human and animals, which involves consciousness and emotionality.
10+ min |
January 2022
BANKING FINANCE
Blockchain And Cryptocurrency
Finance has long been a very conventional field with no major breakthroughs happening for many years until the introduction of Bitcoin in 2008 by an anonymous person/ group going by the name of Santoshi Nakamoto. Some people look at cryptocurrency as a major technical breakthrough in the field of Finance that has the potential to change the way we transact, while some look at it with skepticism since it can lead to increase in underground transactions. Through this paper we first try to understand what does 'Cryptocurrency' mean and briefly explain how does blockchain works,then whether truly cryptocurrencies are fool proof with no chance of fraud, and lastly,Reserve Bank of India's opinion on cryptocurrencies. The universe of cryptocurrencies comprises of various tokens and talking about each one of them is beyond the scope of this paper. In this paper we try to focus only on Bitcoin.
8 min |
January 2022
BANKING FINANCE
BANKING CAPITAL INCREASING CLOUT OF SOVEREIGN WEALTH FUNDS (SWF)
At a time when Banking capital is scarce and finance capitalism is driving the World, it is but natural to expect foreign money to find its way, to pump ailing weak banks.
10 min |
January 2022
BANKING FINANCE
Conference on Leadership Development for the New Normal, Nepal
Banking, Finance and Insurance Institute of Nepal (BFIN) organized a one-day conference entitled "Conference on Leadership Development for the New Normal" on 27 November, 2021 at the Radisson Hotel, Kathmandu.
4 min |
January 2022
BANKING FINANCE
AMALGAMATION OF PUBLIC SECTOR BANKS IN INDIA: BOON OR BANE?
Ten Public Sector Undertaking (PSU) banks amalgamated into four banks with effect from 1st April 2020. In the biggest consolidation exercise in the banking space, the number of public sector banks in India has come down to 12 from 18. There were as many as 27 Public Sector banks in 2017. In the past, various other bank mergers have taken place.
10+ min |
January 2022
BANKING FINANCE
RBI CIRCULAR
External Commercial Borrowings (ECB) and Trade Credits (TC) Policy – Changes due to LIBOR transition RBI/2021-22/135 December 08, 2021
5 min |
January 2022
BANKING FINANCE
NEW UMBRELLA ENTITY - A GAME CHANGER
NUEs will be a non-profit entity that will set-up, manage and operate new payment systems, especially in the retail space such as ATMs, whitelabel PoS; Aadhaar-based payments and remittance services.
6 min |
January 2022
BANKING FINANCE
SCOPE AND OPPORTUNITIES OF PAYMENT BANKS IN INDIA
Payment banks is a new Indian model of banks conceptualized by the Reserve Bank of India (RBI).
8 min |
January 2022
BANKING FINANCE
Retail Banking Post Pandemic: Repositioning & Recalibrating For The Present & Future
The COVID-19 pandemic has brought economies to a standstill and has provided considerable challenges to banking and financial institutions. However, the banking industry has shown tremendous alacrity during the ongoing pandemic.
8 min |
November 2021
BANKING FINANCE
Block Chain Technology - A Tool Of Digital Transformation
"Artificial intelligence, machine learning, Internet of Things, blockchain and big data hold potential to take India to new heights" -PM Sri Narendra Modi at the 2016 World Economic Forum (On launch of "IndiaChain" by NITI Aayog)
9 min |
November 2021
BANKING FINANCE
PHYGITAL BANKING: WAY AHEAD FOR INDIAN BANKING INDUSTRY
The banking sector has witnessed a massive transformation in the last few years. The shelf life of physical banks has reduced immensely.
7 min |
November 2021
BANKING FINANCE
RBI'S PROPOSED CHANGES TO REGULATORY FRAMEWORK APPLICABLE TO 'HOUSING FINANCE COMPANIES' HFCS
The Central Government had, with effect from 9th August 2019, transferred regulatory powers of the Housing Finance Companies (HFCs) from the National Housing Bank (NHB) to the Reserve Bank of India (RBI).
10+ min |
November 2021
BANKING FINANCE
ANALYTICS IN INDIAN BANKING: THE WAY FORWARD
Abstract: Indian Banking industry has undergone a series of transformations with the advent of Information Technology (IT) since 1980s, 1990s and 2000s in terms of applications of IT in different banking processes from various perspectives such as cost reduction, revenue generation, fraud detection, security issues etc. and this transformation is still continuing with new trend called Business Intelligence and Big Data Analytics. In the present banking scenario Big Data Analytics stands as the solution for the increasing competition and regulatory challenges with fraud and cyber security threats where banks are under rigorous pressure to improve the efficiency and revenue to sustain profit margins and customers. Analytics in Banking supports Decision Making to elevate revenue, control costs and mitigate risks. This in turn improves customer segment; target, create and retain customers along with customer understanding and risk management.
10 min |
November 2021
BANKING FINANCE
Artificial Intelligence And Intelligent Banking
Is artificial intelligence less than our intelligence? - Spike Jonze
10+ min |
October 2021
BANKING FINANCE
SIMPLIFYING 'SARFAESIA, 2002'
To expedite recoveries by the Banks, the law called as Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest, 2002, popularly called as SARFAESIA has been enacted.
10+ min |
October 2021
BANKING FINANCE
WOMEN AND MONEY MATTERS
We are part of a society that continues to view women as the weaker section. The age-old practices and norms always tended to give little importance to women down on the scale of progress.
7 min |
October 2021
BANKING FINANCE
TIGHTENING THE SCREWS
Non-Banking Financial Corporations (NBFCs) due to their magnitude, intricacy and interconnectedness are revolving systematically over the years.
6 min |
October 2021
BANKING FINANCE
REDEFINING FARMERS INTEREST
The Farmers (Empowerment and Protection) Agreement on Price Assurance and Farm Services Ordinance, 2020 was promulgated on June 5, 2020. It provides a framework for the protection and empowerment of farmers with reference to the sale and purchase of farm products.
10+ min |
October 2021
BANKING FINANCE
ROLE OF HR AS A STRATEGIC PARTNER
Strategic human resource management involves a future-focused goal-oriented process of developing and implementing HR programs and initiatives that will address and solve business problems and directly contribute in achieving major long-term business objectives of the organization.
8 min |
October 2021
BANKING FINANCE
From Internet Of Things To Banking Of Things
Introduction The concept of the 'Internet of Things [IoT]' emerged in the early 1980s when technology started to influence business processes.
7 min |
September 2021
BANKING FINANCE
The Future Of Artificial Intelligence In Banks
As per the World Economic Forum's latest research, artificial intelligence is already changing the way financial institutions provide more contextualized services to their customers and banking is no exception.
9 min |
September 2021
BANKING FINANCE
NEW AGE CUSTOMERS BUILDING THE DIGITAL CAPABILITIES
Introduction Consumer markets in India are expected to reap the benefit of favorable macroeconomic parameters as well as its demographics. India is one of the youngest major countries globally and has become one of the major flag bearers of development across the globe.
8 min |
September 2021
BANKING FINANCE
RBI CIRCULAR
Enhancements to Indo-Nepal Remittance Facility Scheme RBI/2021-22/94
5 min |
September 2021
BANKING FINANCE
OPEN BANKING IN INDIA
Open banking is defined as the sharing and leveraging of customer-permission data by banks with third-party developers and firms to build applications and services, including for example those that provide real-time payments, greater financial transparency options for account holders, marketing, cross-selling opportunities. Individuals jurisdictions may define open banking differently.
9 min |
September 2021
BANKING FINANCE
NATIONAL FINANCIAL REPORTING AUTHORITY (NFRA)
Introduction As per section 211(3C) of Companies act 1956, every balance sheet and profit & loss account of the Company shall comply with the accounting standards, as may be prescribed by the Central Government in consultation with the National Advisory Committee on Accounting Standards (NACAS).
10 min |