Business
BANKING FINANCE
REGIONAL BANKS' SECRET WEAPON FOR DIGITAL SUCCESS
Regional rural banks and credit unions often set themselves apart by offering personalised, community-oriented experiences their enterprise competitors can't. As financial services shift to a virtual-first dynamic, maintaining those connections is the key to winning and keeping customers.
4 min |
March 2022
BANKING FINANCE
RBI CIRCULAR
Transactions in Credit Default Swap (CDS) by Foreign Portfolio Investors – Operational Instructions - RBI/2021-22/155 - February 10, 2022
5 min |
March 2022
BANKING FINANCE
RENDITION OF HR DIGITAL TRANSFORMATION
In the last few years, the phrase "Digital Transformation" has become universal owing to its large-scale acceptance and implementation in various fields.
6 min |
March 2022
BANKING FINANCE
ROLE OF HR IN BUILDING ORGANIZATIONAL RESILIENCE
The Coronavirus pandemic has taught us many lessons & one of the most important lessons for the organization is to assess regularly "How prepared are we to bounce back". Individual resilient behavior is needed when an organization is in crises or in transformation. Without individual resilient behavior, it is difficult for an organization to be resilient. This article highlights the role of human resource department in building individual resilient behavior which in turn results in Organizational Resilience.
9 min |
March 2022
BANKING FINANCE
WHAT THE SC ORDER ON RERA MEANS FOR HOMEBUYERS
The Supreme Court in its judgment last week suggested some changes in the Real Estate Regulatory Authority Act (RERA) to protect the interests of homebuyers. The ruling may force changes in state rules modelled on this Act.
2 min |
March 2022
BANKING FINANCE
RBI CIRCULAR
Exim Bank Government of India supported Line of Credit (LoC) of USD 40 million to the Government of the Togolese Republic RBI/2021-2022/141
5 min |
February 2022
BANKING FINANCE
Customers can now remit their customs duty through KarurVysya Bank (KVB)
Customers of KVB can now remit their customs duty payment online through'ICEGATE' portal of Central Board for Indirect Taxes and Customs (CBIC). CBIC had earlier approved the inclusion of the Bank as one of the authorized bankers for collection of taxes.
1 min |
February 2022
BANKING FINANCE
Employee Training In Banking Industry: An Essential Tool For Organizational Growth
Human being is one of the best creations of Nature in the whole universe, who is being nurtured by the continuous learning, education and training. Without training and education, no difference will be there in human beings and rest of the creatures on the earth.
10 min |
February 2022
BANKING FINANCE
Debt Securitization - The Process To Understand
Securitization is the process of liquidating the long term assets like loans and receivables of financial institutions by issuing marketable securities against them.
8 min |
February 2022
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 |