Summary-Yojana-Facilitating Financial Inclusion

FACILITATING FINANCIAL INCLUSION Source: YOJANA – January 2018 Authors: Charan Singh and Shivakumara Reddy K Financial inclusion is a process of ensuring access to appropriate financial products and services needed by all sections of the society in general and vulnerable groups in particular, at an affordable cost, in a fair and transparent manner, by regulated … Continue reading Summary-Yojana-Facilitating Financial Inclusion

Summary-Yojana-Mission Indradhanush: Revamping of Public Sector Banking in India

MISSION INDRADHANUSH: REVAMPING OF PUBLIC SECTOR BANKING IN INDIA Source: YOJANA – January 2018 Author: D S Malik Public Sector Banks (PSBs) play a vital role in the Indian Economy. However, due to various reasons such as delays in approvals and land acquisition, low global/domestic demand etc. the profitability of PSBs has been low. In … Continue reading Summary-Yojana-Mission Indradhanush: Revamping of Public Sector Banking in India

Summary-Yojana-Rural Banking: Translating Vision to Reality

RURAL BANKING: TRANSLATING VISION TO REALITY Source: YOJANA – January 2018 Author: Manjula Wadhwa Mahatma Gandhi said that ‘India lives in villages’ and therefore, rural development in imperative for the overall development of India. Post independence, the government has taken various steps to bring rural prosperity in India through the following measures: Introducing co-operative credit … Continue reading Summary-Yojana-Rural Banking: Translating Vision to Reality

Summary-Yojana-Strengthening of Cyber Security

STRENGTHENING OF CYBER SECURITY Source – YOJANA – January 2018 Author: R Subramaniakumar Digitization is inevitable for almost every industry including the banking industry. Given the importance of financial transaction in daily lives of people, financial institutions should be at the fore-front to adopt latest technologies and to enhance customer experience thus eliminating the urban … Continue reading Summary-Yojana-Strengthening of Cyber Security

Summary-Yojana-Resolving Insolvency

RESOLVING INSOLVENCY Source: Yojana – January 2018 Author: Indivjal Dhasmana India is ranked 100th (an improvement of 30 places from 2017 in the Ease of Doing Business Rankings, 2018 released by World Bank. On the parameter of ‘resolving insolvency’, India ranked 103rd (ranked 136th in 2017 on this parameter). The credit could be given to … Continue reading Summary-Yojana-Resolving Insolvency