CATEGORIES

JAN SAMARTH:A DIGITAL FULCRUM FOR CREDIT LINKED SCHEME

The Prime Minister of India Shri Narendra Modi has launched Jan Samarth Portal on 6th June 2022 which is focused to connect beneficiaries directly to lenders

Truss Lost The Trust, Rishi To Resolve?

The United Kingdom (UK) has the legacy of being the most stable leading economy over the last 500 years. The UK is one of the leading financial markets.

Financial Inclusion - The Journey And Road Ahead

Financial inclusion is increasingly being recognized as a key driver of economic growth and poverty alleviation the world over.

Metaverse: Experiencing A New Dimension In Banking

The term "Metaverse" was first used in the novel "Snow Crash", a science fiction novel written by Neil Stephenson in the Year-1992.

Economic Survey 2023: Indian economy to grow 6-6.8 per cent next fiscal year

India's economy is projected to slow to 6-6.8 per cent in the fiscal year starting April - still remaining the fastest growing major economy in the world - as extraordinary challenges facing the globe will likely hurt exports, the Economic Survey said.

Platform-as-a-Service (PaaS): A new Frontier

In the recent past, most of the IT oriented people were thinking that the cloud computing paradigm is only a Software-as-a-Service (SaaS) and Infrastructureas-a-Service (IaaS).

CHALLENGES AND FUTURE OF NEO BANKING IN INDIAN BANKING INDUSTRY - A WAY FORWARD

Neo Bank has acquired popularity recently as a result of its introduction into the financial technology market.

DIGITAL LENDING - A WAY FORWARD

Digital lending is the process of availing credit online. Its increased popularity amongst new-age lenders can be attributed to expanding smart phone penetration, credit range flexibility, and speedy online transactions. In the last few years, India has seen a massive disruption in the fin-tech space that has brought flexibility and the versatile digital customer experience in banking and lending. Additionally, the outbreak of COVID-19 has created a huge space for consumers and business enterprises to heighten the lending market growth. Digital lending has a larger opportunity in India and the total retail loan which could be distributed digitally till 2023 would be over $1 trillion. According to research work of Boston Consulting Group on consumer behaviour across purchase journey, 50% of loan seekers with internet access buy their loans online.

e-₹, The Digital Currency Of India: Way Forward

Currency is a form of money that is issued exclusively by the sovereign (or a central bank as its representative).

Neo-Banking: The Future Of India's Branchless Banking

Neo-Bank is a digital bank without having any physical branch network carried out business entirely through online mode.

IBEX India 2023 BFSI tech trends for collaborative banking

The year 2023 is an opportunity to predict what's in store for the future of banking.

RBI CIRCULAR

Implementation of Section 51A of UAPA, 1967: Updates to UNSC's 1267/ 1989 ISIL (Da'esh) & Al-Qaida Sanctions List: Addition of 1 entry

THE ART & SCIENCE OF EXECUTION

\"Strategy is Important,But Execution is Everything. Incredibly Successful People Focus on Executing Incredibly Well\"

ARR LEAVES LIBOR BEHIND

The London Inter-Bank Offered Rate (Libor) is an interest rate average calculated from estimates submitted by the leading banks in London.

ORIGIN & CONCEPT OF P.P.L.R.P.

The current scenario of MSMEs has been stressful with the striking breakdown during the Covid-19 pandemic, earlier it was Demonetization / GST etc. were there.

RBI CIRCULAR

Foreign Exchange Management (Overseas Investment) Directions, 2022 RBI/2022-2023/110

Inflation - Concept, Causes & Control Measures

Inflation refers to the rise in the prices of most goods and services of daily or common use, such as food, clothing, housing, recreation, transport, consumer staples, etc.

"INTERNET OF THINGS"- THE GAME CHANGER IN BANKING AND FINANCIAL SERVICES

The Internet of things (IoT) is considered to be the next big thing in financial sector. It is fast becoming a disruptive technology business opportunity, with standards emerging primarily for wireless communication between sensors, gateways, controlling units, cloud-based services and other gadgets in day-to-day human life, all in general being referred to as "Things".

'BUY NOW, PAY LATER' (BNPL): THE RETURN OF LAYAWAY OR A DISRUPTOR FOR CREDIT CARDS INDUSTRY

Long back shopping at almost any U.S. retailer included the option to choose an item you were after and have it stashed away in some back room while you made incremental payments until the purchase price was covered and you could take it home.

MEANING & DEFINITION OF ASBA

Applications Supported by Blocked Amount (ASBA) is a process developed by the India's Stock Market Regulator SEBI for applying to IPO. In ASBA, an IPO applicant's account doesn't get debited until shares are allotted to them.

Centrum, AWR Lloyd Join Hands to Offer Infra I-Banking Services

AWR Lloyd, a leading Indo-Pacific strategy consulting and corporate finance advisory firm, has announced its entry into India through a strategic partnership with Centrum Capital Limited, the Investment Banking arm of the diversified financial services organization, Centrum Group.

SUBORDINATED DEBT FOR STRESSED MSMES

Business Enterprises are navigating through a broad range of interrelated issues that span from keeping their employees and customer safe, shoring-up cash and liquidity, reorienting operations in view of the prolonged lockdown across economy.

PUBLIC CREDIT REGISTRY (PCR): GAME CHANGER IN RESHAPING OUR CREDIT ECOSYSTEM

The Public Credit Registry (PCR) is the culmination of recommendations given by the committee headed by Y.M.Deosthalee.

Door Step Banking - Opportunities And Challenges

Doorstep Banking [DSB] is one of the key action points of the roadmap for banking reforms under the EASE (Enhanced Access & Service Excellence) Reforms brought out by the Department of Financial Services, Govt of India. Initially it was meant to give service to senior citizens and person with disabilities.

Role Of Chatbot As A Banking Tool

With consumer expectation increasing, the use of artificial intelligence, machine learning and chat bots in banking is also increasing. Banks and credit unions worldwide are testing new application and deploying new solution to improve overall digital customer experience.

PNB Signs MoU with Indian Air Force for 'PNB Rakshak Plus Scheme'

Punjab National Bank (PNB), nation's leading Public Sector Bank, has signed a Memorandum of Understanding (MoU) with the Indian Air Force (IAF) to provide specially designed products to the defence personnel under the bank's flagship scheme of 'PNB Rakshak Plus'.

LoanTap announces business collaboration with Muthoot Finance

A leading digital lending fintech platform, Loan Tap, has announced a business collaboration with Muthoot Finance.

SBI Card Partners with Aditya Birla Finance to Launch 'Aditya Birla SBI Card'

SBI Card, India's largest pure-play credit card issuer, announced the launch of 'Aditya Birla SBI Card', a highly rewarding lifestyle credit card, in a strategic partnership with Aditya Birla Finance Ltd. (ABFL), the lending subsidiary of Aditya Birla Capital Ltd.

BIG DATA IN TODAY'S ERA

The year 2021 was out of the ordinary as global businesses struggled to keep afloat amid the pandemic. This unusual situation accelerated digitization globally, which led to a surge in "digital data."

STAKEHOLDER CAPITALISM-NEW NORMAL

"Stakeholder Capitalism" is making headlines in economic and corporate world and the World Economic Forum has envisioned it to be the future of trade and investment. The concept which has transformed the purpose and goal of business and ensures that business serves society at large, gained momentum after Larry' Fink's (CEO Black Rock Investment) letter in 2018 to CEOs to make a positive contribution to society.