CATEGORIES
Implementation of New Tax Regime and Its Impact on Direct Tax Revenue
Salaried assessees constitute a significant number in the direct tax population in India. Removal of existing deductions and exemptions causes disappointment especially for the salaried employees and assessees belong to middle income group who took different tax savings scheme.
How to Convince Customers to Continue SIP in a Falling Market
Systematic Investment Plans (SIPs) have emerged as one of the most reliable ways for retail investors to build wealth over time. However, during a falling market, many investors become apprehensive and contemplate discontinuing their SIPs, fearing further losses.
What is Digital Public Infrastructure? A comprehensive introduction to DPI, its components, and benefits
Digital Public Infrastructure (DPI) is a foundational framework that enables digital transformation in a country. It's akin to the physical infrastructure of roads, bridges, and power grids, but in the digital realm. DPI provides the essential tools and systems for governments, businesses, and citizens to interact and transact digitally.
Reputational Risk: A DoubleEdged Sword for Indian Banking
The Indian banking sector has made significant strides in managing reputational risk. However, the challenges and opportunities facing the sector are evolving rapidly. By proactively addressing these challenges and embracing innovation, banks can continue to build trust, enhance their reputation, and contribute to the growth of the Indian economy.
Priority Sector Lending Norms – Historical trend and Time to realign
Climate change has led to the emergence of new concept of green financing which requires huge commitment of allocation of funds. Climate adaptation has taken centre stage at recently held COP29 at the UN global climate summit.
SAMRIDH: Leveraging Blended Finance for Quality Healthcare in India
India faces significant challenges in its healthcare system, primarily due to chronic underfunding. The government allocates approximately 1.9% of its GDP to public health, starkly lower than the global average of about 10%. This shortfall has resulted in inadequate infrastructure, a shortage of skilled workforce, and an overreliance on overstretched public facilities.
Fintech Ecosystem in India and Impacts of Paytm on RBI's Move
In today's scenario the wallet users as well as digital channel payment users are having bundle of opportunity to avail services of various service providers and without hindrance they can enjoy the benefits of digital payments.
Unlocking Financial Synergy: The Power of Co-Lending
Co-lending is an arrangement where multiple lenders, typically a bank and a Non-Banking Financial Company (NBFC), partner to provide loans to borrowers. This helps increase lending capacity and reduces risk for individual lenders. Each lender sets their own terms and conditions. This model leverages the strengths of both types of financial institutions to extend credit, especially to underserved markets.
Legal News
In the recent Supreme Court's judgment in the CORE (Central Organisation for Railway Electrification) vs ECI-SPICSMOMCML case on the appointment of arbitrators, the intended result and reactions have been contrasting.
ICICI Bank installs units to produce water from atmospheric moisture
ICICI Bank has announced the adoption of state-of-the-art technology to produce drinking water from atmospheric moisture as part of its commitment to enhancing the sustainability of its operations.
Mutual Funds and Millennials: Changing Investment Trends in India
The investment landscape in India is undergoing a paradigm shift, driven by millennials who are redefining financial planning. Unlike previous generations, millennials are more inclined toward mutual funds as a preferred investment vehicle.
RBI CIRCULAR
Government securities transactions between a Primary Member (PM) of NDS-OM and its own Gilt Account Holder (GAH) or between two GAHS of the same PM
Combating Cyber Threats in Banking: Prevention, Detection, and Response Mechanisms
In the digital age, the Banking sector has undergone a remarkable transformation, leveraging technology to offer seamless and efficient services to customers across the globe.
Creating a Winning Sales Pitch for SIPs and Mutual Fund Products
In the competitive world of financial services, effectively communicating the value of Systematic Investment Plans (SIPs) and mutual fund products is crucial for success.
Banking in the Era of "Data Privacy": Impact of Digital Personal Data Protection Act (DPDPA) on the Banking Industry
In modern world, data is a valuable asset which helps in the revenue generation process of a company/organization.
Opportunities and Risk for Traditional Banks in Embracing Open Banking
Technology has simplified our lives by making the processes easier and integrating into our daily routines.
RBI CIRCULAR
Coverage of customers under the nomination facility
Decoding Financial Crime of Money Laundering
This article is about the definition & concept of financial crime of money laundering.
The Future of Mutual Funds in the Digital Era: Trends and Challenges
The mutual fund industry has witnessed a significant transformation over the past decade, driven by rapid advancements in technology and the proliferation of digital platforms.
Future of BankingBlockchain Technology
Blockchain banking is a new technology in India, but it's gaining traction due to its worldwide success in finance and other sectors.
Legal News
SC: Parents Can Be Legally Compelled to Provide Education Money to Daughter
Economic Value of Equity (EVE) Demystified
In the realm of finance and economics, the concept of equity plays a pivotal role in assessing the health and potential of businesses, projects, and investments.
Are Bank Cards Going to be a Thing of the Past..??
The Reserve Bank of India's (RBI) push to enable Unified Payments Interface (UPI)-backed cash withdrawals from ATMs is likely to cause a severe dent in the usage of debit cards, according to payment industry executives.
"Volatility plays a crucial role in the mutual fund industry. Similar to the concept in the phrase "Daag Achhe Hai," volatility signifies life and movement, akin to an ECG machine's pulse graph."
The mutual fund industry has experienced tremendous growth, expanding over sixfold in recent years to reach a valuation of ₹68 lakh crores.
Fetching Fugitive Offenders through Fugitive Economic Offenders Ordinance
It is often seen that people first indulged in looting and then refuse to submit to the jurisdiction of our legal system. No one has forgotten Nirav Modi, Mehul Choksy, Vijay Mallya. With an aim to catch and punish those who are accused of committing financial crimes in India and then fleeing from the country, Fugitive Economic Offenders Ordinance came into being in the year 2018.
Empowering Innovation with Design Thinking
The primary challenge for companies lies in sustaining innovation to preserve or improve their position within their individual markets. Innovation cannot be treated as a single instance initiative. It must become ingrained in the company's culture.
RBI CIRCULAR
The Prudential Framework for Resolution of Stressed Assets dated June 7, 2019, read with the Framework for Compromise Settlements and Technical Write-offs dated June 08, 2023, provides a principle-based resolution framework to the regulated entities (REs) for addressing any stress in borrower accounts.
Role of SIPs (Systematic Investment Plans) in Wealth Creation
Systematic Investment Plans (SIPs) have emerged as one of the most popular and effective investment vehicles for retail investors in India. With the increasing awareness of financial planning and the importance of disciplined investing, SIPs have become a cornerstone of wealth creation for individuals across diverse income groups.
Social Media for Mutual Fund Distributors: Strategies for Online Lead Generation
Social media has transformed the way businesses connect with their audience, and mutual fund distributors are no exception. With millions of Indians spending significant time on platforms like LinkedIn, Instagram, and Facebook, these channels offer a powerful opportunity for distributors to engage with potential clients, build trust, and generate leads.
Legal News
The Maharashtra Authority for Advance Rulings (MAAR) has ruled that the Reserve Bank of India (RBI) does not need to pay Goods and Services Tax (GST) on fines, penalties, and late fees collected from regulated entities. The ruling was issued after the RBI sought clarity on whether such fines, collected for contraventions or violations of laws, are taxable under GST.