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. Financial inclusion strives to address and suggest solutions to the constraints that exclude people from […]
Tag: jaiib
AN EFFICIENT RISK MANAGEMENT FRAMEWORK IN BANKS IS PARAMOUNT
In times of volatility and fluctuations in the market, financial institutions need to prove their mettle by withstanding the market variations and achieve sustainability in terms of growth and well as have a stable share value. Hence, an essential component of risk management framework would be to mitigate all the risks and rewards of the […]
QUALIFYING JAIIB EXAMS MADE EASY
A fresher joining the banking sector deal with several challenges on job, in the form of extended working hours, demanding customers and unyielding bosses. Many would hardly remember how the times flies and they are set now for new challenges in their career… planning for upward movement in their career amid big challenges and enormous […]
Micro, Small and Medium Enterprises-Definition
Definition of Micro, Small and Medium Enterprises-2020 After 14 years since the MSME Development Act came into existence in 2006, a revision in MSME definition was announced in the Atmanirbhar Bharat package in May, 2020. The Central Government, after obtaining the recommendations of the Advisory Committee, notified revised criteria for classifying the enterprises as micro, small and medium enterprises, […]