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Author: VIJAYA KRUSHNA VARMA
Publisher: VIJAYA KRUSHNA VARMA
ISBN:
Category : Business & Economics
Languages : en
Pages : 84
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Book Description
Banking structure is redesigned to make India a fully digital nation and to usher in 100% e-governance. Banking is expanded to the ultimate level so that many State and Central Government departments can be integrated in the banking system to cut the present government size and non plan expenditure to 1/3 level. Purpose of this new banking structure --------- *To establish a bank branch at every village or colony having population of 2500. Each bank will handle approximately 2000 accounts *To make the banking as intermediary between the Government and people *To give every citizen above age of 15 years a bank savings account. *To integrate the Government and governance in the banking system vertically and horizontally *To know up to date bank profits at any time and to avoid nonperforming assets
Author: VIJAYA KRUSHNA VARMA
Publisher: VIJAYA KRUSHNA VARMA
ISBN:
Category : Business & Economics
Languages : en
Pages : 84
Get Book Here
Book Description
Banking structure is redesigned to make India a fully digital nation and to usher in 100% e-governance. Banking is expanded to the ultimate level so that many State and Central Government departments can be integrated in the banking system to cut the present government size and non plan expenditure to 1/3 level. Purpose of this new banking structure --------- *To establish a bank branch at every village or colony having population of 2500. Each bank will handle approximately 2000 accounts *To make the banking as intermediary between the Government and people *To give every citizen above age of 15 years a bank savings account. *To integrate the Government and governance in the banking system vertically and horizontally *To know up to date bank profits at any time and to avoid nonperforming assets
Author: Board of Governors of the Federal Reserve System
Publisher:
ISBN: 9780894991967
Category : Banks and Banking
Languages : en
Pages : 0
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Book Description
Provides an in-depth overview of the Federal Reserve System, including information about monetary policy and the economy, the Federal Reserve in the international sphere, supervision and regulation, consumer and community affairs and services offered by Reserve Banks. Contains several appendixes, including a brief explanation of Federal Reserve regulations, a glossary of terms, and a list of additional publications.
Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 84
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Book Description
Banking is expanded to the ultimate level so that many State and Central Government departments can be integrated in the banking system to cut the present government size and non plan expenditure to 1/3 level.Purpose of this new banking structure* To establish a bank branch at every village or colony having population of 2500. Each bank will handle approximately 2000 accounts.* To make the banking as intermediary between the Government and people.* To give every citizen above age of 15 years a bank savings account.* To integrate the Government and governance in the banking system vertically and horizontally.* To make the banking as intermediary between the Government and people.* To make money supply automatically expands or contracts in the banking system according to demand for money, growth rate and population growth.* To achieve zero deficit fiscal and revenue budget.* To make budget preparation simple and easy.* To eliminate black money and corruption.* To make every bank branch an E-seva center.* To streamline the PDS to keep subsidies out of the reach of the rich.* To streamline agriculture subsidies to stop farmer suicides and keep subsidies out of the reach of rich farmers, high income group people, industrialists, contractors, political leaders and business people. * To stop illegal migration effectively and permanently.* To construct totally toll free highways, express ways and high level railway tracks.* To control unemployment, provide social security to all, and stop child labour.* To get the updated population figures at every day.* To provide health care and the highest quality education to all people alike.* To enforce land ceiling act in totality.* To achieve 100% food security, energy security and national security.* To help people get passports, birth certificates, death certificates, loans, monthly rations, pensions, natural calamity compensations instantly at any bank branch.* To prepare and supply electoral rolls for the election commission and help it conduct general elections in single phase on one day.* To make India one fully open market without any check posts.
Author: Introbooks
Publisher:
ISBN:
Category :
Languages : en
Pages : 50
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Book Description
In these highly competitive times and with so many technological advancements, it is impossible for any industry to remain isolated and untouched by innovations. In this era of digital economy, the banking sector cannot exist and operate without the various digital tools offered by the ever new innovations happening in the field of Artificial Intelligence (AI) and its sub-set technologies. New technologies have enabled incredible progression in the finance industry. Artificial Intelligence (AI) and Machine Learning (ML) have provided the investors and customers with more innovative tools, new types of financial products and a new potential for growth.According to Cathy Bessant (the Chief Operations and Technology Officer, Bank of America), AI is not just a technology discussion. It is also a discussion about data and how it is used and protected. She says, "In a world focused on using AI in new ways, we're focused on using it wisely and responsibly."
Author:
Publisher: Lulu.com
ISBN: 9291316695
Category : Bank capital
Languages : en
Pages : 294
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Book Description
Author: International Monetary Fund. External Relations Dept.
Publisher: International Monetary Fund
ISBN: 1451922140
Category : Business & Economics
Languages : en
Pages : 60
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Book Description
Young people, hardest hit by the global economic downturn, are speaking out and demanding change. F&D looks at the need to urgently address the challenges facing youth and create opportunities for them. Harvard professor David Bloom lays out the scope of the problem and emphasizes the importance of listening to young people in "Youth in the Balance." "Making the Grade" looks at how to teach today's young people what they need to get jobs. IMF Deputy Managing Director, Nemat Shafik shares her take on the social and economic consequences of youth unemployment in our "Straight Talk" column. "Scarred Generation" looks at the effects the global economic crisis had on young workers in advanced economies, and we hear directly from young people across the globe in "Voices of Youth." Renminbi's rise, financial system regulation, and boosting GDP by empowering women. Also in the magazine, we examine the rise of the Chinese currency, look at the role of the credit rating agencies, discuss how to boost the empowerment of women, and present our primer on macroprudential regulation, seen as increasingly important to financial stability. People in economics - C. Fred Bergsten, American Globalist. Back to basics - The multi-dimensional role of banks in our financial systems.
Author:
Publisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 38
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Book Description
Author: Gavin Spofford
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 216
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Book Description
Author: MissEstelle X Liu
Publisher: International Monetary Fund
ISBN: 1513570056
Category : Business & Economics
Languages : en
Pages : 42
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Book Description
The latest advancement in financial technology has posed unprecedented challenges for incumbent banks. This paper analyzes the implications of these challenges on bank competitveness, and explores the factors that could support digital advancement in banks. The analysis shows that the traditionally leading role of banks in advancing financial technology has diminished in recent years, and suggests that onoing efforts to catch up to the digital frontier could lead to a more concentrated banking industry, as smaller and less tech-savvy banks struggle to survive. Cross-country evidence has suggested that banks in high-income economies appear to have been the digital leaders, likely benefiting from a sound digital infrastructure, a strong legal and business environment, and healthy competition. Nonetheless, some digital leaders may fall behind in the coming years in adopting newer technologies due to entrenched consumer behavior favoring older technologies, less active fintech and bigtech companies, and weak bank balance sheets.
Author: El Bachir Boukherouaa
Publisher: International Monetary Fund
ISBN: 1589063953
Category : Business & Economics
Languages : en
Pages : 35
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Book Description
This paper discusses the impact of the rapid adoption of artificial intelligence (AI) and machine learning (ML) in the financial sector. It highlights the benefits these technologies bring in terms of financial deepening and efficiency, while raising concerns about its potential in widening the digital divide between advanced and developing economies. The paper advances the discussion on the impact of this technology by distilling and categorizing the unique risks that it could pose to the integrity and stability of the financial system, policy challenges, and potential regulatory approaches. The evolving nature of this technology and its application in finance means that the full extent of its strengths and weaknesses is yet to be fully understood. Given the risk of unexpected pitfalls, countries will need to strengthen prudential oversight.
