During the pandemic exemplary services were rendered by bankers which largely went unrecognized. While the doctors/medical staff were busy in the frontline, the entire society is lubricated with cash/funds by strenuous service rendered by limited number of available staff who could reach office despite various odds, facing the threat of even local administration, who often […]Read More
“There are only two types of people on earth: those who have been hacked & those who do not know yet that they have been hacked” It was at the cash counter of an electronic mall in Frankfurt, Germany, that a prominent local leader was flashing a bill he had just paid for the lap-top, […]Read More
Indian Banking, a customer centric sector, has transformed itself from time to time to face the multi- dimensional challenges and expectations of the regulators, government and customers since nationalization in 1969.These challenges have been in all areas of operation : delivery of new products and services, branch automation, operational guidelines, compliance of regulatory guidelines , […]Read More
We are living in unprecedented times where normal definition of “Normal” is no more relevant. What is going to be the “New normal” & when such a ‘new normal’ will stabilize is anybody’s guess. To contain the pandemic & to break the chain of transmission world over various measures almost since the beginning of 2020 […]Read More
It is pandemic time now. World is facing a severe challenge to save lives. Covid-19 has gripped the globe like an octopus. Economies of nations are contracting. Livelihoods of human beings are being impaired. Policy makers are fire-fighting. Light at the end of the tunnel is still translucent. Situation is disconcerting. Amidst this dismal […]Read More
Indian Banking system has faced multifold challenges and turbulent times since nationalization, in two phases. The government policies and the Reserve Bank of India directives, from time to time, have demanded the challenging strategic thought process and action points for the banks, especially the public sector banks. The implementation of various government-sponsored programmes since IRDP, […]Read More
We inhabit a world, where the materialistic objectives are zealously pursued and in a Modern Society, they are fulfilled through legitimate Economic structures. High Economic growth requires ample money supply. So in a modern society, a little expansive credit culture can not be wished away, even if we have to live with collateral effects of […]Read More
There is a need of constant innovation and thrust on marketing services in retail banking. In bracing for tomorrow, a paradigm shift in bank financing through innovative products and mechanisms involving constant up gradation and revalidation of the internal system and processes of banks is called for. Banks need to use retail as a growth […]Read More
Bank officers generally consider RBI inspection as an external audit inasmuch as it is not going to matter in their career progress. They also believe as some event that can be managed as it happens. The feeling of insignificance or lack of seriousness is based on two facts. Firstly, RBI inspection usually happens after the […]Read More
It is an essential prerequisite for the bank officilas to be familiar with the preventive vigilance guidelines in order to insulate the organisation as well as himself/herself from non compliances affecting the credentials of the officer as well as the bank.A brief introduction to preventive vigilance is given here under from “bankersfeed” for general wellbeing […]Read More
