Business
BANKING FINANCE
FUTURE CONTRACTS IN INDIAN REAL ESTATE MARKET A GAME CHANGER?
Curtains up! Imagine you deciding on buying a house six months down the line and already have arrested the purchase price thereby slaying the ghosts of cost escalations! Seems a fancy thought, but what if it actually happened?
10 min |
August 2021
BANKING FINANCE
RBI CIRCULAR
Interest Equalization Scheme on Pre and Post Shipment Rupee Export Credit Extension RBI/2021-22/65
4 min |
August 2021
BANKING FINANCE
PRIORITY SECTOR LENDING - REVAMPED GUIDELINE
To minimize regional disparity in Priority sector credit flow and boost economy to achieve sustainable development goals
9 min |
August 2021
BANKING FINANCE
BAD BANK
(New strategy for NPA Management)
7 min |
August 2021
BANKING FINANCE
NEW HORIZONS IN MSME FOR ATMANIRBHAR BHARAT
Preface: The Micro, Small & Medium Enterprises have been contributing significantly to the various sectors of the Indian economy. These are said to be the 'Engine of Economic Growth.
8 min |
August 2021
BANKING FINANCE
RECYCLING OF WASTE ''A NEED AND BUSINESS OPPORTUNITY FOR BANKS ''
Introduction: On 2nd October 2014 'Swachh Bharat Mission was launched through the length and breadth of the country as a National Movement to clean up the streets, roads, and infrastructure of cities, towns, and rural areas.
8 min |
August 2021
BANKING FINANCE
Pillar Of Financial Inclusion Microfinance
Access to conventional banking by all is the agenda of government and financial watchdogs and controller.
8 min |
July 2021
BANKING FINANCE
Opportunities And Challenges Of Blockchain For E-Voting
Introduction The persistent pandemic has forced every industry to innovate their use of technology and find new ways of running the business with minimum disruption. Challenges with conducting elections during these uncertain times are not any exception.
10+ min |
July 2021
BANKING FINANCE
CERSAI 2.0: A WAY FORWARD
Government of India established the Central Registry of Securitisation Asset Reconstruction and Security Interest of India(CERSAI) to operate and maintain Central Registry functions as per SARFAESI Act 2002.
5 min |
July 2021
BANKING FINANCE
Bank of Maharashtra conducts 18th Annual General Meeting through Video-conference
Shri. Hemant Tamta Executive Director; Shri A.S. Rajeev, MD & CEO & Shri. A. B. Vijayakumar, Executive Director, Bank of Maharashtra are seen addressing the 18 th AGM of BoM through Video-conference.
1 min |
July 2021
BANKING FINANCE
ICICI Bank extends instant ‘Cardless EMI' for online shopping; enhances affordability of customers
ICICI Bank today announced that it has introduced the instant ‘Cardless EMI’ facility to online purchases made on e-commerce platforms.
2 min |
July 2021
BANKING FINANCE
PROFESSIONALISING BANKERS
The recent failures of LVB, Yes Bank and PMC have underlined the need for managing banks professionally at all levels from the counter clerk to the manager.
5 min |
July 2021
BANKING FINANCE
Align Talent With Business In Banking Industries
Developing talent is business's most important task - the sine qua non of competition in a knowledge economy. - Peter Drucker
6 min |
June 2021
BANKING FINANCE
RBI CIRCULAR
Priority Sector Lending (PSL) - On-lending by Small Finance Banks (SFBs) to NBFCMFIs RBI/2021-22/27
4 min |
June 2021
BANKING FINANCE
PARTICIPATIVE VIGILANCE : THE EYE OF PROVIDENCE
Chanakya has rightly said that Identify traitors before you hunt for the enemies. In 2018, the Punjab National Bank scam hit headlines, it rocked the entire Indian Banking sector as it laid bare the fallacies of the system. It demonstrated that how the presence of very few unscrupulous officials in a Bank can wreak havoc and hollow out the insides of a system like termites. Modernisation of Banking systems and the introduction of computers over the last two decades has increased accountability and put in place a system of checks and balances.
7 min |
June 2021
BANKING FINANCE
INCOTERMS® 2020 - AN EFFECTIVE TOOL TO REDUCE INCONSISTENCIES IN GLOBAL TRADE
INCOTERMS® is an acronym derived from international commercial terms. These standard trade terms listed under INCOTERMS® provide a universal meaning to buyers and sellers around the world.
10+ min |
June 2021
BANKING FINANCE
Export-Import Bank of India, on behalf of the Government of India, extends a line pf credit of USD 108.28 Millon to the Government of the Kingdom of Eswatini (Swaziland)
Export-Import Bank of India [Exim Bank] has, on behalf of the Government of India, extended Line of Credit [LOC] of USD 108.28 million to the Government of the Kingdom of Eswatini (Swaziland) for construction of a new Parliament building in Eswatini.
1 min |
June 2021
BANKING FINANCE
ETHICS IN BUSINESS AND CORPORATE GOVERNANCE
Ethics is quite old as a subject but in recent years ethics and ethical behaviour in business have emerged as a topic of interest due to misgovernance in corporate houses and banks despite having a well laid governance structure in place with checks and balances in systems and procedure. This is attributed to lack of ethical behaviour and culture.
6 min |
June 2021
BANKING FINANCE
BANKING CYBER DEFENCE TRENDS TO PROTECT CUSTOMER INTERESTS
Brief Introduction: The face of banking system has been changed to unexpected levels with the innovations of technology and adopting the same by Banking industry to provide most convenient banking to their valued customers on 24*7*365 basis.
4 min |
June 2021
BANKING FINANCE
ICICI Bank links UPI ID facility to its ‘Pockets' digital wallet
ICICI Bank announced the launch of a unique facility of linking a UPI (Unified Payments Interface) ID to its digital wallet ’Pockets’, marking a departure from the current practice that demands such IDs be linked with a savings bank account. New users, including those who are not customers of ICICI Bank, can now instantly get a UPI ID, which is automatically linked to ‘Pockets’.
3 min |
June 2021
BANKING FINANCE
Bank of Maharashtra organises ‘Covid Vaccination Drive' for the Front Liners
Mr. A. S. Rajeev, Managing Director & CEO, Bank of Maharashtra (BoM) inaugurated two days ‘Covid Vaccination Drive’ for front line employees of the Bank at MES Balshikshan Mandir, Mayur Colony, Pune. Mr. R. S. Bansal, General Manager, HRM, Head Office along with Mr. Rajesh Singh, Mr. Jatin Desai & Mr. Vivek Dhawan, Zonal Managers of Pune City Zone, Pune West Zone & Pune East Zone respectively were present in the function.
1 min |
June 2021
BANKING FINANCE
AGENCY FOR SPECIALIZED MONITORING (ASM) A TOOL FOR MONITORING OF BIG BORRWAL ACCOUNTS
Introduction: The Govt. of India has introduced several governance reforms, in order to keep a watch on fraudulent activities and to prevent diversion of funds, has introduced the Agencies for specialized monitoring mechanism, under the ASM banks will now appoint specialized monitoring agencies to closely track the activities of the borrower including purchases, invoices, actual production vis-à-vis projection, high value transaction, payments, cash inflow and cash outflow. The move to appoint an external agency to monitor loans comes in the backdrop of banks reporting a 72 per cent year-on-year jump in frauds at Rs. 41,168 crore in FY2018, against Rs. 23,934 crore in FY2017 and cases of fraud at banks and financial institutions increased 28% in volume terms during financial year 2020 as per RBI's annual report.
10+ min |
June 2021
BANKING FINANCE
Roadmap For Agricultural Sector In India
Agriculture is the backbone of the Indian economy as it provides livelihood to a large section of the population.
8 min |
May 2021
BANKING FINANCE
RBI CIRCULAR
RBI CIRCULAR
4 min |
May 2021
BANKING FINANCE
NEO BANK
Neo bank is a kind of digital bank without any branches. Neo bank has no physical presence at any location but provides services online i.e. digital or mobile or through any other mode online.
8 min |
May 2021
BANKING FINANCE
ZED SCHEME FOR MSMES
This scheme is an extensive drive to create proper awareness in MSMEs about the Zero Defect Zero Effect (ZED) manufacturing and motivate the entrepreneur for assessment of their enterprises for ZED and support them.
6 min |
May 2021
BANKING FINANCE
ICICI Bank and PhonePe partner to issue FASTag
ICICI Bank and PhonePe today announced their partnership for the issuance of FASTag using UPI on the PhonePe App.
3 min |
May 2021
BANKING FINANCE
INTERNAL RATING BASED APPROACH: A TOOL IN CREDIT RISK MANAGEMENT
Credit Risk is defined as a potential risk that a bank borrower or counterparty will fail to meet its obligations in accordance with agreed terms.
5 min |
May 2021
BANKING FINANCE
EMPOWERING MSMES: TAKING THE MERCHANT ONBOARDING PROCESS DIGITAL
Onboarding a merchant in less time with proper due diligence has always been the prime objective for every acquirer in the market. The conventional process of onboarding merchants is complicated. It is time-intensive and could require a lot of back and forth with pages and pages of paperwork.
5 min |
May 2021
BANKING FINANCE
BUT COOPERATIVES MUST SUCCEED
Basic challenge to the present century-old cooperative financial institutions in our country, as rightly indicated in one of the study reports, is to strike a balance between attaining profitability by running their business on commercial lines on one hand and carrying out their service-oriented activities under the well-conceived principles of coveted 'co-operative movement', on the other. Probably, this inherent conflict in their functions puts pressure on their efficiency and profitability.
7 min |