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: money laundering
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 […]
THE FOREIGN CONTRIBUTION (REGULATION) AMENDMENT ACT, 2020
An NGO is registered under the FCRA Act, 2010 or granted Prior Permission by Central government for receiving and utilising foreign funds/contribution. It can receive and utilize foreign funds/ contribution for a definite cultural, economic, educational, religious or social programme as provided under Section 11 of the Act. The Act came into force on May […]
Demonetization Was A Master stroke by A Honest PM
Demonetization process may be construed as a huge elephant and with our limited vision, we tend to look at one side of it, one small aspect of it and sometime which suits our negative belief to look down the Govt. My belief is that it was the most comprehensive action taken ever by any PM […]