• Finance

    IBC – 2016 IS A WATERSHED DEVELOPMENT FOR BANKING SECTOR

    The enactment of the Insolvency and Bankruptcy Code, 2016 in May 2016 was a watershed development and it has far-reaching implications for the banking sector in India. The fulcrum of a robust and resilient banking sector is a comprehensive bankruptcy regime.

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  • Finance

    BONDS AS AN INVESTMENT INSTUMENT

    A bond is a fixed income investment in which an investor loans money to an entity (typically corporate or government) which borrows the funds for a defined period of time at a variable or fixed interest rate.

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  • Finance

    AN EFFICIENT RISK MANAGEMENT FRAMEWORK IN BANKS IS PARAMOUNT

    An essential component of risk management framework would be to mitigate all the risks and rewards of the products and service offered by the bank. Thus, the need for an efficient risk management framework is paramount in order to factor in internal and external risks.

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  • Finance

    FINANCIAL INCLUSION IS A PRE-REQUISITE FOR SOCIAL ENGINEERING

    Financial Inclusion is the pursuit of making financial services, such as access to payments and remittance facilities, savings, loans and advances, insurance services etc. – accessible at affordable costs to all individuals and businesses, irrespective of net worth and size, respectively.

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  • Finance

    PREVENTION OF MONEY LAUNDERING ACT, 2002

    Prevention of Money Laundering Act, 2002 was enacted to prevent money-laundering and to provide for confiscation of property derived from money-laundering. PMLA and the Rules notified there under came into force with effect from July 1, 2005.

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  • Books

    READING IS A HEALTHY HABIT

    Reading is a healthy habit, which not only improve your mental faculty but helps you in many other ways in your day-to-day life. Some feels that reading helps them score well academically and to get higher marks in exams., some gets a habit to read to help keep them busy and entertain themselves.

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