Finance Articles

Finance articles section focuses on various concepts of finance like budget, stock market and economics of various products & services. Apart from these articles on global financial institutions, different banking systems and topics of international importance in the field of finance are present.

The Open Banking Revolution - API Driven Approach 26 November 2017

Technology has already redefined how we bank – from mobile apps to AI that analyzes our voices to help us access our bank accounts, from Core Banking systems to Robotic Banking Assistants. We now stand at the threshold of a future where banking will transmigrate from an individualistic phenomenon to one where the entire ecosystem gets integrated to provide more efficient services to society. Open Banking is essentially a financial revolution that will be driven by customers’ demand for more seamless services, more robust regulatory mandates, the increasing encroachment into the financial sphere by “Fintech” start-ups, and the power of Big Data Analytics.


Consolidation in Indian Banking Sector 03 September 2017

The establishment of the Bank of Bengal in Calcutta in 1786 marked the inception of the commercial banking institutions in India. Over the period of time, numerous reforms were introduced in the banking sector towards building a robust financial system in the nation. The economic reforms of early 1990s helped in the diversification of the economy and strengthening of the operational banking infrastructure. It also enabled competitive financial scenario with the entry of new private sector banks such as HDFC Bank, ICICI Bank, UTI Bank and IDBI Bank. Since then, the banking sector in India has witnessed tremendous growth over the years.


Tale of Farm Loan Waiver Scheme in India 01 August 2017

Agriculture Sector is considered as primary sector of the Indian Economy as a large portion of the population is dependent on agriculture and allied activities for their survival. According to survey conducted by NSSO and other organizations, almost 50% of the population is employed in agriculture and this sector contributes 17 % to the GDP of the Indian Economy. Taking into account all the factors affecting agriculture, it is learnt that in our country, the farmers have to toil more and in spite of this, they do not yield good returns for their produce due to which their condition remains vulnerable. On news channels and print media, every year we find thousands of farmers committing suicide which gives an insight into the pitiful state of our farmers.


Indian Commercial Banks & their Current Scenario 22 April 2017

In the financial stability report released by RBI as at end of June 2016, it is expected that gross bad loans at commercial banks in India could increase to 8.5% by March 2017, from 7.6% as compared to March 2016. “The macro stress test suggests that under the baseline scenario, the gross NPA may rise to 8.5% by March 2017,” the RBI noted in the report. “If the macro situation deteriorates in the future, the gross NPA ratio may increase further to 9.3% by March 2017.”


A Different Perspective to Growth After Demonetization 01 April 2017

In every ideal democracy, the government of the day will always take steps and measures which are necessary for the welfare of state. Therefore, the decisions of the government are generally for the public good, but the means and the mode used for their implementation determines the nature of policy. It is expected that the demonetization decision is only one of the several of a steps of a larger economic measure which the government is trying to implement. However, when it comes to eradicating black money, the decision needs to be supported by taking additional steps like imposing stringent tax laws and action against benami properties and more emphasis on cashless transactions. Only then it will have the desired impact.


Westside - Business Insights, Trends and Future Plan 01 March 2017

Westside is a retail chain operated by Trent that is the retail arm of the TATA group. Westside offers a predominantly exclusive brands model across women’s wear, menswear, kids’ wear, footwear, lingerie, cosmetics, perfumes and handbags, household furniture and accessories. Although Westside’s sales have been growing steadily for the last five years, it is still lagging in competition with some other Indian retail stores like Pantaloons.


Bankruptcy Code in the Indian Financial System 02 February 2017

Recently the government has passed a historic bill: Insolvency and Bankruptcy Code (IBC) to amend and consolidate existing law on bankruptcy, and to create a unified legal framework. Before discussing the details of IBC and analysing its impact, first we must examine the current scenario of NPA across banks and the different loan recovery processes, in order to build the ground for the bankruptcy code.