CATEGORIES

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

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.

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.

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.

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.

RBI'S PROPOSED CHANGES TO REGULATORY FRAMEWORK APPLICABLE TO 'HOUSING FINANCE COMPANIES' HFCS

The Central Government had, with effect from 9th August 2019, transferred regulatory powers of the Housing Finance Companies (HFCs) from the National Housing Bank (NHB) to the Reserve Bank of India (RBI).

SIMPLIFYING 'SARFAESIA, 2002'

To expedite recoveries by the Banks, the law called as Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest, 2002, popularly called as SARFAESIA has been enacted.

WOMEN AND MONEY MATTERS

We are part of a society that continues to view women as the weaker section. The age-old practices and norms always tended to give little importance to women down on the scale of progress.

TIGHTENING THE SCREWS

Non-Banking Financial Corporations (NBFCs) due to their magnitude, intricacy and interconnectedness are revolving systematically over the years.

REDEFINING FARMERS INTEREST

The Farmers (Empowerment and Protection) Agreement on Price Assurance and Farm Services Ordinance, 2020 was promulgated on June 5, 2020. It provides a framework for the protection and empowerment of farmers with reference to the sale and purchase of farm products.

The Future Of Artificial Intelligence In Banks

As per the World Economic Forum's latest research, artificial intelligence is already changing the way financial institutions provide more contextualized services to their customers and banking is no exception.

NEW AGE CUSTOMERS BUILDING THE DIGITAL CAPABILITIES

Introduction Consumer markets in India are expected to reap the benefit of favorable macroeconomic parameters as well as its demographics. India is one of the youngest major countries globally and has become one of the major flag bearers of development across the globe.

RBI CIRCULAR

Interest Equalization Scheme on Pre and Post Shipment Rupee Export Credit Extension RBI/2021-22/65

BAD BANK

(New strategy for NPA Management)

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.

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.

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.

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.

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.

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.

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.

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.

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.