CATEGORIES

CHALLENGE OF NPAS IN THE INDIAN BANKING SECTOR

India has a long history of venerated banking system of over 200 years, in which banks have been playing a pivotal role in making financial sector strong and viable through sustainable pace of economic growth. Banking System in India is diverse and encompasses commercial banks, regional rural banks, urban cooperative banks, and primary agricultural credit societies. After independence, several changes have taken place in the banking sector right from government monitored policies to the breezing liberalized world of post 1991 period.

INVESTIMENT OPPORTUNITIES IN DIFFERENT ASSET CLASSES

\"Don't Put All Your Eggs in One Basket\".

TACKLING TRADE-BASED MONEY LAUNDERING IN THE MODERN FINANCIAL LANDSCAPE

If we inquire informally among a group of bankers about familiarity with terms like a Letter of Credit (L/ C), Bill of entry (BOE), or Buyer's Credit, only a few might possess this knowledge. This introduces us to the intricate world of trade finance-a realm filled with unique terminologies and practices, characterized by its complexity and specialization.

Drilling Oil Rig Cendor Mopu, Marine Insurance-Inherent Vice A Boon or Loss - Historical Maritime Fraud

Causation is a very important part in marine insurance law. The general principle in English Law is that the insurer will only be liable for any loss, which is proximately caused by a peril insured against. (Marine Insurance Act, 1906, section 55). At the beginning of last century, the determination of the proximate cause in common law was considered to be the nearest in time.

Electric Revolution: Insurance in the Era of Electric Vehicles

EVs are renowned for their advanced software algorithms that control various functions. It is essential to note that when the EVs connect to charging stations, the cable not only transmits power but also exchanges a multitude of data. This expanded risk surface increases the vulnerability to potential cyberattacks, which could involve data theft or the introduction of viruses to manipulate the system.

"The insurance industry in India is looking positive due to economic growth, driven by increased awareness, digital transformation, and government initiatives.Because of low penetration rates, there's a substantial opportunity for expansion."

Interview with Sharad Bajaj, COO, of InsuranceDekho.​com

Underwriter Co- Pilot

Future of Insurance Underwriting with Generative Al

Rising Insured Losses: Strategies for Effective Water Damage Restoration

Natural disasters caused a staggering global economic loss of US$270 billion last year, with insured losses reaching US$111 billion.

Business Interruption Beyond Physical Damage

The purpose of NDBI insurance coverage is to offer financial protection to businesses when their operations are interrupted or suspended due to non-physical loss or damage. Like traditional Bl insurance, NDBI insurance covers a broad range of losses, including loss of income, extra expenses, loss of property or equipment use, loss of market or reputation, and loss of key employees.

Legal Update

Neeraj Kumar obtained a whole-life unit-linked insurance policy from PNB MetLife India. Under the policy called \"Met Smart Plus Policy\", which Kumar purchased, his son was insured for Rs 1.75 crore. The policy had a term of 93 years for which the premium was Rs 5 lakh per annum.

HATCH COVERS - Part 2

In the last article published in May, we discussed the difference between watertight and weathertight; it was very clear, as per the International Convention on Load Lines, that hatch covers are constructed to be weathertight. We also discussed the wrong notion that some seafarers have about the hatch cover sealing, \"The tighter we compress the hatch packing, the better the seal\". Weather tightness is achieved by the weight of the hatch cover, and it does not depend on the tightening of the cleats.

Navigating Troubled Waters: The Centralization of Port Authority in India

India's vast coastline has long been a cornerstone of its economic potential, with maritime trade accounting for 95% of the country's global trade volume.

Maritime SheEO Receives "Women in Shipping and Maritime Logistics Award

Maritime SheEO Receives \"Women in Shipping and Maritime Logistics Award\" at International Procurement and Supply Chain Conference 2024 Mumbai, India - June 2, 2024 - Maritime SheEO is proud to announce its victory in the \"Women in Shipping and Maritime Logistics\" category at the International Procurement and Supply Chain Awards 2024 in Mumbai.

MLC 65% EFFECTIVE SAYS SRI

New research from SRI, the international panindustry body researching maritime and seafarers' law, concludes that the Maritime Labour Convention is not being strictly and evenly enforced on a global basis.

DNB Bank uses technology to influence its customers

Says it is technology that helps it to influence its corporate and retail customers, who are in millions:

Green IT

Aiming for Net Zero, banks and financial service organizations are focusing on Green IT to substantially cut down energy usage, to switch to renewable energy and to dispose/recycle e-waste safely. Technology leaders from 11 financial organizations across India, Nepal, Bangladesh, Mauritius and Iran share their Green IT initiatives in this cover story:

NBFCs: Diverse Approaches, Single Purpose

At Indian Merchants Chambers' Banking & Finance Conference, several CEOs of NBFCs spoke on the topic 'Digital Lending - Bridging the credit gap & creating a financial landscape that includes everyone'. Edited excerpts:

Al: The new backbone for innovation

Liem Phan, Head L&H Re SEA & India at Swiss Re, highlights important trends and developments in life and health insurance in APAC:

An In-Depth Analysis of the EU Emissions Trading System (EU ETS) and Its Impact on the Maritime Sector

The European Union Emissions Trading System (EU ETS) is a cornerstone of the EU's policy to combat climate change and a key tool for reducing greenhouse gas (GHG) emissions cost-effectively.

A generalist who specialized each time

Tapan Singhel, MD & CEO of Bajaj Allianz General Insurance, deep dives and explains the leadership perspectives on specialization, standardization, innovation, empathy, etc:

Acquire, Expand, Grow... Repeat

Manish Kothari, President & Head of Commercial Banking, Kotak Mahindra Bank, reveals various contours of the Sonata Microfinance acquisition:

RBI launches PRAVAAH Portal, Retail Direct Mobile App, and FinTech Repository

In a significant move aimed at enhancing the accessibility and efficiency of financial services, the Reserve Bank of India (RBI) has launched three major initiatives: the PRAVAAH portal, the Retail Direct Mobile App, and a FinTech Repository. The launch event was officiated by Shaktikanta Das, Governor of the RBI, in the presence of key officials and industry representatives.

Amplifying learning with gamification & infographics

Anilkumar Satyavarpu, CHRO at Magma HDI General Insurance reveals how the company achieves it learning objectives:

Leaps in Automation, Analytics & Integration

InCred Finance manages growing complexity and delivers a tailored customer experience:

Repeat business thrives on Personalization & Transparency

Sudev Kumar V, Executive Vice President, Branch Banking, shapes ESAF Small Finance Bank's gold loan strategies with technology and customer-centricity:

Are Small-Cap Funds Still Lucrative?

While the high growth potential of small-cap funds is enticing, the investment comes with a significant downside. Compared to large-cap funds, small-caps experience deeper maximum drawdown during market downturns. The article examines the how, why and when of investing in small-cap funds

Can The Global Equities Sustain The Bull Run In The Second Half Of 2024?

After four weeks of gains, the markets paused in the past fortnight, despite outstanding earnings from the Al leader NVIDIA. For the year, the S&P 500 remains up by about 10 per cent, and we view some consolidation after the recent strong performance.

The Vigilance Of Satya Nadella

Ten years in as CEO, Nadella has turned Microsoft into the world's most valuable company and one of the top players in Al. He's navigated two sweeping tech transformations. His biggest worry is that he won't see the next one coming.

Banks Profit From Digital Connect

Technology is a top priority for Indian banks as they look to improve services and expand in a competitive market.

India Inc.'s Sustainability Record

Here's what India's top companies are doing to reduce their carbon footprint.