Banking sector is revolutionized by the rise of fintech forcing incumbents to innovate and rethink their business model. Similarly insurtech is the next big thing
Category: Bank
BANKERS RIGHT TO ALIEN AND SET OFF
A lien is the right of a creditor in possession of goods, securities or any other assets belonging to the debtor to retain them until
RECENT TRENDS IN BANKING
Banking is defined as “Accepting of deposits of money from public for the purpose of Lending or Investment, repayable on demand or otherwise and withdraw able by
Banking Ombudsman Scheme
Banking Ombudsman scheme is a grievance redressal system. If a customer is dissatisfied with the service of the bank then he can approach the Banking
Insolvency and Bankruptcy Code, 2016
The Insolvency and Bankruptcy Code, 2016 (IBC) is an amalgamation of the existing legislations related to bankruptcy and insolvency. It has simplified the resolution of
Bankruptcy
Bankruptcy is a legal proceeding carried out to allow individuals or businesses freedom from their debts, while simultaneously providing creditors an opportunity for repayment. Bankruptcy
PSYCHOLOGY : THE STUDY OF HUMAN MIND
Psychology is the scientific study of behaviour, experience and mental processes. Behaviour includes all of our outward or overt actions and reactions, such as talking,
FEMA
FOREIGN EXCHANGE MANAGEMENT ACT (FEMA): FOREIGN BORROWINGS Earlier since April 2021, the provisions of the act of foreign exchange management,1999 became a subject of discussion
Shantiniketan
On 22nd December 1901, Rabindranath Tagore established his school at Santiniketan with five students (including his eldest son) and an equal number of teachers. He
INDIAN EDUCATION SYSTEM
The INDIAN EDUCATION SYSTEM, ruining aspirations, dreams, careers and lives since forever. On an average an Indian person spends about 16-18 years in school and
Negotiable Instruments
Negotiable instruments are written orders or an unconditional promise to pay a fixed sum of money at a certain time period. Promissory notes, bills of
The banker’s Right to lien and set offÂ
In the issue of Firm Jaikishen Dass Jinda Ram v. National Bank of India Ltd.AIR 1960 Punj.1, two organization firms with a similar arrangement of
Types of Negotiable Instruments
The advent of modern business practices contributed to the growth of newer ways of facilitating financial transactions. Previously, cash was the most usual mode of
INSOLVENCY and BANKRUPTCY CODE, 2016
It is smarter to have one systematized enactment than various to manage the parts of an organization which can have a solitary umbrella. The Insolvency
NEGOTIABLE INSTRUMENT AND ITS TYPES
Negotiable instruments are written contracts in which their profits can be transferred from its original owner to a new owner. In other words, the Negotiable
THE BANKING REGULATION AMENDMENT BILL 2020
The Banking Regulation Amendment bill,2020, presented by the Minister of Finance, Smt.Nirmala Sitaram, on September fourteenth ,2020, and passed on September 16,2020, was raised to
CIRP Process under Insolvency and Bankruptcy Code
Insolvency and Bankruptcy Code (IBC) 2016, is a bankruptcy law in India, which aims at providing speedy resolution process to the creditors for recovery of
GENERAL INSURANCE BUSINESS (NATIONALISATION) AMENDMENT BILL, 2021 – AN OVERVIEW
Recently, the General Insurance Business (Nationalisation) Amendment Bill, 2021 was passed by both the Houses of Parliament i.er., the Lok Sabha and the Rajya Sabha.
Reserve Bank of India
Introduction The economic efficiency and stability of a country is dependent on the payment and settlement system in that country. As a result, the central
Interested in Forex Trading? Then you should know all this…
Forex Trading is a really worthwhile funding choice for retail financers. Yet, the absence of information, assets, and ambiguous authorities, and legal guidelines has deterred
