Banking During Covid And Beyond

Precently humanity is going through a major challenge, a challenge to survive. No one can predict the future so everyone is trying to hold himself in a confined environment looking for the new sunshine to begin wherein everything will be normal and we all can breathe freely in the unmasked environment and live a happy and healthy life.

IBC'S 2021 JOURNEY

Thought passed by the Parliament in May 2016, the Insolvency and Bankruptcy Act (IBC), picked up momentum only when RBI recommended 12 significant cases for IBC.

DOUBLING FARMERS INCOME-NEED OF THE HOUR

Agriculture and allied sector provides livelihood to 54.6% of the population of India (census 2011) and it contributes 17.80 % to the country's Gross Value Added (2019-20) as per Economic Survey 2020.

SPECIAL PURPOSE ACQUISITION COMPANIES (SPACS)

The Special Purpose Acquisition Companies (SPACs)have been since 2003 in US but have been growing in popularity throughout the world due to number of reasons like growth potential of target businesses, time consuming process of traditional IPO, credibility of sponsor and availability of liquid securities in the post COVID-19 times.

RETAIL LENDING IN RURAL AREA: NEED A HOLISTIC INNOVATIVE APPROACH

Most of the Indian population is living in the villages and the agriculturists are playing a vital role in the economic development.

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.

RBI CIRCULAR

Transactions in Credit Default Swap (CDS) by Foreign Portfolio Investors – Operational Instructions - RBI/2021-22/155 - February 10, 2022

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.

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.

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.

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

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

RBI CIRCULAR

External Commercial Borrowings (ECB) and Trade Credits (TC) Policy – Changes due to LIBOR transition RBI/2021-22/135 December 08, 2021

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.

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).

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.

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)

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.