Intentar ORO - Gratis
Rise Of Dynamic Data Storytelling
BANKING FINANCE
|July 2023
Storytelling has been an integral part of human culture since ancient times, predating even the invention of writing. It is a pivotal aspect of our social and cultural interactions, involving narrative sharing through improvisation, theatrics, or embellishment
This practice is deeply ingrained in every culture and serves various purposes, including entertainment, education, preserving cultural heritage, and imparting moral values. Each culture has unique stories that have been passed down from generation to generation. The origins of storytelling can be traced back to the Cro-Magnon era when humans utilized it to document their daily experiences. Despite originating during the age of cave paintings, the psychological impact of storytelling remains relevant to this day, after thousands of years.
Data is an indispensable collection of discrete values that provide vital information on quantity, quality, facts, statistics, and other fundamental units of meaning. It is represented as numbers or characters and is commonly gathered through measurement, observation, query, or analysis. It is the smallest unit of information that must be used for calculation, reasoning, or discussion, ranging from abstract ideas to concrete measurements. When thematically connected, data presented in context must be considered information, while contextually related pieces of information must be described as data insights or intelligence.
With the advancement of computing technologies, Big Data has emerged, typically involving vast amounts of data at the petabyte scale. Analysing and working with such large datasets using traditional methods can be challenging. In theory, infinite data generates infinite information, making it difficult to extract insights or intelligence. Nevertheless, Data Science has emerged, utilizing Machine Learning and other Artificial Intelligence methods to apply analytic techniques to Big Data efficiently.
What is data storytelling, different from traditional and how is it storytelling?
Esta historia es de la edición July 2023 de BANKING FINANCE.
Suscríbete a Magzter GOLD para acceder a miles de historias premium seleccionadas y a más de 9000 revistas y periódicos.
¿Ya eres suscriptor? Iniciar sesión
MÁS HISTORIAS DE BANKING FINANCE
BANKING FINANCE
Mutual Fund News
The Securities and Exchange Board of India (SEBI) has raised the minimum block deal size from Rs. 10 crore to Rs. 25 crore and widened the permissible price band for execution.
3 mins
November 2025
BANKING FINANCE
Industry News
1.4 crore Aadhaar numbers deactivated to prevent identity fraud
12 mins
November 2025
BANKING FINANCE
Applying the Cynefin Framework in Decision Making for Bankers
Misjudging the domain can lead to costly errors viz. applying redundant practices in a complex scenario or over analysing a situation that requires quick action. Cynefin offers a moment to reflect before reacting.
4 mins
November 2025
BANKING FINANCE
Insured bank deposits fall 9.5 percentage points in 5 years
While India's bank deposit base has expanded, the share of deposits protected by insurance has slipped. In the five years between September 2020 and March 2025, assessable deposits swelled by over Rs. 91 lakh crore, but the insurance coverage ratio dropped by 9.5 percentage points, leaving a wide gap between small savers who are fully covered and largevalue accounts that remain exposed.
2 mins
November 2025
BANKING FINANCE
Sustainable Finance in India: The Role of ESG in Banking and Investments
The concept of Environmental, Social, and Governance (ESG) has emerged as a transformative framework in the global financial sector, driving sustainable decision-making in banking and investments.
14 mins
November 2025
BANKING FINANCE
Banks and ECL norms
On October 7, the Reserve Bank of India (RBI) issued the draft Reserve Bank of India (Scheduled Commercial Banks-Asset Classification, Provisioning and Income Recognition) Directions, 2025 for public comments. These directions are proposed to be implemented by banks and financial institutions with effect from April 1, 2027 - a possible indicator that banks and financial institutions will transition to Indian Accounting Standards (Ind AS) from this date.
2 mins
November 2025
BANKING FINANCE
TRUMPeting Tariffs
These new trade taxes are a challenge for India, but they also create some opportunities. By finding new customers, making more things at home, and working with other countries, India can turn this problem into a chance to grow stronger.
3 mins
November 2025
BANKING FINANCE
RRR in Banking
This is very crucial area where bankers strive to pitch their products for the customers to achieve the set targets. Profiling is the major operation to understand the customer and identify their exact needs for providing suitable products.
6 mins
November 2025
BANKING FINANCE
World trusts India with semiconductor future
Prime Minister Narendra Modi pitched India as one of the most promising destinations for semiconductor manufacturing, saying \"the world trusts India, the world believes in India, and the world is ready to build semiconductor future with India\".
2 mins
November 2025
BANKING FINANCE
Legal News
Auction purchasers are liable to pay the property tax dues of erstwhile owners, the Calcutta HC held on Sept 25 in a case where a company sought a waiver of the outstanding property tax of Rs 1,23,84,142, for which KMC refused to grant mutation.
2 mins
November 2025
Translate
Change font size

