The massive, complex datasets, commonly referred as big data in techno-parlance is the powerhouse for machine learning. The advanced logarithmic learning of data patterns to arrive at useful insights find its use in almost all the sections of an organization. With a humongous pool of data regarding its employees, organizations have started investing in data analytics driven decision making to effectively use its resources including the core - human resources.
Al in HR is having a wide spectrum of benefits ranging from inception of an employee's career journey with the organization to her retention; supplementing her professional growth; enabling her continuous learning etc. and the list extends further.
Talent Acquisition to Experience Enhancement
Staying ahead of the peer competitors needs to attract the talented workforce with required skillsets to outperform the rest. Using Al based applications enable HR managers to quickly interpret the nuances across the candidate applications by transforming resumes into insightful data. Ample amount of time and cost thus get saved in efficiently identifying the right talent fitting their requirement.
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Esta historia es de la edición April 2023 de BANKING FINANCE.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
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RBI CIRCULAR
Facilitating accessibility to digital payment systems for Persons with Disabilities Guidelines
Legal News
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The Role and Impact of the Insolvency and Bankruptcy Code (IBC) in NPA Recovery
Indian banks, especially grappling with the mounting challenge of Non-Performing Assets (NPAs) within Scheduled Commercial Banks (SCBs), are experiencing a significant downturn in their capacity for credit recycling, resulting in reduced business opportunities and declining profits. However, various factors contributing to the severity of NPA problem are including macro-economic, political, and internal factors, emphasizing the complexity of the issue. With this background, the present study puts an effort to look at the role of the Insolvency and Bankruptcy Code (IBC) in NPA recovery and also showcasing its significance in resolving insolvency and maximizing creditor recovery.
Big Data in Banking: Analysing its Role, Advantages and Challenges
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Is SIP Always the Best Option? A Look into Lump-Sum vs SIP During Volatile Markets
SIP is a method of investing a fixed amount at regular intervals, typically monthly, into a mutual fund. It allows investors to buy more units when prices are low and fewer when prices are high, a process known as rupee cost averaging.
Strategies for Mutual Fund Retail Investors during market downturns
When stock markets experience a decline, mutual fund investors often face a sense of insecurity and apprehension. The volatility can lead to impulsive decisions, which, rather than securing financial health, may impair long-term investment objectives.
The Rise of Green Marketing: Driving Sustainable Change
Green marketing refers to the practice of promoting products or services that are environmentally friendly or sustainable. It involves incorporating eco-friendly elements into various aspects of marketing strategies, including product development, packaging, advertising, and distribution.
Fraud Risk Management In Banking
Fraud risk management is a fundamental aspect of overall Risk Management within the banking sector. In India, banks adhere strictly to guidelines set forth by the Reserve Bank of India (RBI) to prevent, detect, and promptly report fraudulent activities.
