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BUSINESS IN INDIA BY FOREIGN LAW FIRMS

RMAI Certificate Course on Risk Management

RISK MANAGEMENT ASSOCIATION OF INDIA (RMAI) has been pioneering the efforts towards awareness on the subject of Risk, creating academic and research environment to empower the professionals in this highly competitive financial services and allied industry.

MERGERS AND ACQUISITION- A CONCEPTUAL DELIBERATION IN INDIAN CONTEXT

The merger of the three public sector banks- Bank of Baroda, Vijaya Bank and Dena Bank has raised a lot of curiosity towards consolidation process through mergers like never before. The reason being firstly it is directly related to public.

FARM AMENDMENT BILL 2020 AND ITS PROS AND CONS.

There are three bills which are passed by Government. First one Farmers' Produce Trade and Commerce (Promotion and Facilitation) Bill, 2020.

FARMER PRODUCER ORGANISATIONS (FPOS) - AN AVENUE FOR FINANCING TO FARMERS

India has about 12.5 Crore farmer households of which over 85% are small and marginal farmers with land holdings of less than 2 hectares. The average size of land holding is 1.33 hectare/ farmer household. Due to this fragmentation and disorganization, farmers face constraints such as procuring inputs like seeds and fertilizers at reasonable prices, lack bargaining power in the market, realizing better value for their produce, access to technology, etc. As a result majority of the small producers are unable to realize optimal value from their farming operations and make economic progress. On the other hand, in case of non-farm sector activities, the problems relate more to the quality of the product and marketability. It is felt, by organising themselves collectively, producers can utilize scale to procure inputs at a lower price, and gain more selling power for their produce/product. Forming a producer organization can provide a strong platform to take up collective business activities, build capacity and provide linkages to markets.

Cyber Security, Its Importance In Banking And Precautions

Cyber Security has become a major requirement forall the individuals and organisations that are doing any of the activity related to IT (information technology), as there is a major threat from various sources involved in cyber crime.

THE 'CERBERUS TROJAN' : WAY TO 'PAATAL LOK'

"Let no such man be trusted" -- William Shakespeare

MSME ADVANCES-ROOT CAUSE ANALYSIS OF POOR GROWTH & SUGGESTIONS FOR IMPROVEMENT

MSME ADVANCES-ROOT CAUSE ANALYSIS OF POOR GROWTH & SUGGESTIONS FOR IMPROVEMENT

ROLE OF AUDITORS AS A WATCHDOG IN A BUSINESS ENTITY

The great philosopher Desiderius Erasmus has said Prevention is better than Cure.

Mastercard Partners with Signzy for Global Rollout of Video KYC

Mastercard recently announced a partnership with Signzy, a leading RegTech startup based in India, to enable Signzy’s video-based KYC (Know Your Customer) solution for its banking customers. With this partnership, Mastercard customers will benefit from a completely paperless, remote and secure onboarding solution for end-users.

BLOCKCHAIN TECHNOLOGY FOR AGRICULTURE: APPLICATIONS AND RATIONALE

The use of data and information becomes increasingly crucial for the agriculture sector to improve productivity and sustainability.

Fin Tech Firms A Disruptor Or Partner To Banks

As the finance industry grapples with what the next generation of banks and payment systems will look like, whether you’re a multibillion-dollar traditional bank or a startup looking to bring cutting-edge technology into the mainstream.

Debit-Cum Credit Card: More For Less

A 'Debit cum Credit Card' is indeed your friend that's always there to help when you are in need!

RBI CIRCULAR

RBI has now said that the lenders should now review the accounts within 30 days of default and initiate a resolution plan before the default.

MESSY PLAY OR CLEAN UP ACT?

Due to many high profile flare-ups entailing dominance or control concerns in banks and financial institutions, corporate governance in the banking sector has encapsulated a great deal of attentiveness lately in India.

LEVERAGING DIGITAL BANKING THROUGH AI – INDUSTRY IMPERATIVE FOR COMPETITIVE ADVANTAGE & SUSTAINABILITY

Since the last decade, the banking and finance industry has been actively pursuing the research and use of AI technologies to gain a competitive advantage in terms of customer data management for effective decision making.

CORPORATE GOVERNANCE IN INDIA

It is a process set up for the firms based on certain systems and principles by which a company is governed.

Workforce Migration Opportunities For Uttar Pradesh

Workforce migration is universal phenomenon related with evolution of the community living and human civilization in pursuit of biological, physiological, safety, social, economic and developmental needs.

Impact Of Covid 19 On Indian Economy And The Way Forward

There is a high likelihood, we are months away from a semblance of normalcy owing to the mutating virus, that has been bringing wave upon wave of attacks, each deadlier than the other.

THE NOISE ABOUT THE NON-PERFORMING ASSETS - A LARGER PERSPECTIVE

THE NOISE ABOUT THE NON-PERFORMING ASSETS - A LARGER PERSPECTIVE

MARKETING IS ONE OF THE MAJOR FUNCTION TO SUCCEED IN BANKING

Satisfaction of the customer's needs is the prerequisite for the existence of the bank. The essence of marketing is about understanding, creating and retaining customers .

RBI CIRCULAR

RBI CIRCULAR

INTEREST SUBVENTION SCHEME TO RBI SUPERVISORY ACTION FRAMEWORK AND PERFORMANCE OF COOPERATIVE BANKS

Abstract: The recent mega fraud of Punjab and Maharastra Bank has shaken the confidence in Urban Cooperative Banks (UCBs). For revival of these banks, constant monitoring of financial health of these banks by the RBI is a must for which Supervisory Action Framework (SAF) is an effective tool. Under SAF, monitoring of the financial health of UCBs is done through three trigger points namely, CRAR, Asset Quality and Profitability. This SAF is in existence since 2012. The present article studies of financial performance of UCBs since the introduction of SAF which reveals several concerns. While SAF seems to be an effective supervisory tool of the RBI, its benefits are yet to be derived. For this purpose, it calls for more seriousness on the part UCBs to improve their overall financial performance by ensuring the participation bank staff at all level.

CIBIL REPORT A TOOL FOR EXERCISING PROPER DUE DILIGENCE

It is the main business of Banks to lend the public money to earn profits. Borrowers who borrowed money from Banks may forget to repay the loan in time due to various reasons.

Let's Understand MSMEs Under New Rule

Till 25th May 2020, the classification of MSMEs was done based on investment in plant & machinery/equipment in accordance with the provision of Section 7 of MSMED Act, 2006, but on 26th of May 2020 while delivering the part of Atma Nirbhar Bharat Package, our Finance Minister Smt. Nirmala Sitharaman brought up a change in the definition of MSMEs by announcing the amendments in the section 7 of MSMED Act, 2006.

Marketing Strategies For MSME Business By Banks

Importance of MSME Sector The Micro, Small and Medium Enterprise sector is crucial to India's economy. Micro, Small and Medium Enterprises (MSMEs) are amongst the strongest drivers of economic development, innovation and employment. The MSME sector also contributes in a significant way to the growth of the Indian economy with a vast network of about 63.38 million enterprises. The sector contributes about 45% to manufacturing output, more than 40% of exports, contributing 29 % of the GDP while creating employment for about 111 million people and manufacture around 8,000 quality products for the Indian as well as International markets, which in terms of volume stands next to agricultural sector.

Agriculture Value Chain Financing

(A booster for priority sector lending)

INTEREST SUBVENTION SCHEME TO FORMALIZE MSMES AND FACILITATE GROWTH

Introduction: Micro, Small and Medium Enterprises (MSMEs) plays an important role in Indian economy, it accounts 45% of manufacturing output of country. In terms of employment generation, it accounts next to agriculture sector, contributing 8% to GDP. This sector is the backbone of India's economy and is considered the 'cradle' of 'Make in India' initiative.

INTEREST RATES IN BANKS AND ITS ROLE IN ECONOMY

Abstract This artefact discuss briefly about how the different interest rates offered by banks to different customers such as a housing loan borrower or a pensioner or a small businessman. What are the factors that are driving force to define these rates? The phenomenon of coupon rate and yield to maturity in bond market is also inscribed briefly. I have also illustrated How these interest rates are being used as an instrument to control inflation, recession and deflation in the economy. At the end I have scripted about recent rate cuts by Reserve Bank of India to upturn the down sliding economy due to Covid-19 pandemic and its effectiveness.

CIBIL MSME RANK - AN ADDITIONAL DUE DILIGENCE TOOL

CIBIL MSME Rank is a tool to Access the Credit Risk ranking of Micro, Small and Medium Enterprises to make informed lending decisions, CMR is a credit risk for MSMEs that predicts the probability of an MSME becoming NPA in the next 12 months. It helps us to understand the credit behaviour of MSME as well as the probability of default based on the rank. It is applicable to MSMEs with aggregate commercial borrowing between Rs 10 lakhs to Rs 10 Crores.CMR provides a rank to the MSME based on its credit history data on a scale of 1 to 10.CMR 1 being the best possible rank for the least risky MSMEs and CMR 10 being the riskiest rank for MSMEs.The lower the CMR, the lower the Risk of NPA associated with the MSME.