IBC, 2016 and Financial Sector Stakeholders: Experience So Far & Way Forward
Learnings from Resolution Plans of Recent Insolvency Cases • Deterioration in Valuation of Companies • Recommendations of Recent Report of the Standing Committee on Finance • Restructuring Programmes Post COVID-19
IBC, 2016 and Financial Sector Stakeholders: Experience So Far & Way Forward.
IBC, 2016 and Financial Sector Stakeholders: Experience So Far & Way Forward
Learnings from Resolution Plans of Recent Insolvency Cases • Deterioration in Valuation of Companies • Recommendations of Recent Report of the Standing Committee on Finance • Restructuring Programmes Post COVID-19
IBC, 2016 and Financial Sector Stakeholders: Experience So Far & Way Forward
News video | 213 views
Neobanks are changing the financial landscape through their low-cost offering & technology, giving intense competition to traditional banking. Quoting the statement of Bill Gates, way back in 1994. Banking is necessary, but banks are not. Neobanks are new entrants into the banking industry. They are also known as fintech companies or financial technology companies. A simple example of how they differ from traditional banks is neobanks do not charge any fees for opening an account. Ideally, traditional banks charge a monthly fee for maintaining a budget. It offers a fully digital banking solution at a discounted cost due to the considerable savings in operating costs. This is attributed to zero physical branches & no spending on the workforce to man those branches. Some of the services include international payments, money transfers, or lending credit. Some new banks also partner with neobank to offer the services that help them provide both online & offline banking services. Fintechs have played a significant role in fulfilling this vision. We have witnessed, contactless banking was felt by the people more than ever before. People moved away from traditional banking & physical cash with more & more interest in online banking & wallets. It is estimated that the South Asian nation has 6,386 fintech firms. In total, 28% of them are in investment tech, while 27 percent belong to payments, 16% of them are involved in lending, according to the report. The three segments comprise nearly 70 percent of the fintech industry in India.
Although 9% of fintech companies offer banking infrastructure, the remaining are distributed across different areas such as insurance and Neobanks. India is the fastest-growing digital payments market and firmly on course to emerge as a major less-cash economy. Technology has been a key catalyst, with user-focused advancements aligned to shifts in consumer behaviour. Today, for a contactless payment solution, all
Technology video | 238 views
Prime Minister Shri Narendra Modi will interact with Heads of Indian Missions abroad along with stakeholders of the trade & commerce sector of the country on 6 August, 2021 at 6 PM, via video conferencing. The event will mark a clarion call by the Prime Minister for ‘Local Goes Global - Make in India for the World’.
Exports have a huge employment generation potential, especially for MSMEs and high labour-intensive sectors, with a cascading effect on the manufacturing sector and the overall economy. The purpose of the interaction is to provide a focussed thrust to leverage and expand India’s export and its share in global trade.
The interaction aims to energise all stakeholders towards expanding our export potential and utilizing the local capabilities to fulfil the global demand.
Union Commerce Minister and External Affairs Minister will also be present during the interaction. The interaction will also witness participation of Secretaries of more than twenty departments, state government officials, members of Export Promotion Councils and Chambers of Commerce.
#MakeInIndia #LocalGoesGlobal #PMModiLive
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PM Modi interacts with Heads of Indian Missions abroad & stakeholders of the trade & commerce sector
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English Translation of Prime Minister Narendra Modi's interaction with Heads of Indian Missions abroad & stakeholders of the trade & commerce sector | Prime Minister of India
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PM Modi interacts with Heads of Indian Missions abroad & stakeholders of the trade & commerce sector
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The introduction of the Insolvency and Bankruptcy Code, 2016, five years ago, has proved to be the biggest insolvency reform in the economic history of India. Confederation of Indian Industry (CII) is organizing the National Conference on ‘5-Years of IBC, 2016 & Way Forward’ over a virtual platform on 27th August, 2021 from 1000 hrs to 1615 hrs.
Opening Session on Assessing 5 Years of IBC,2016 and Mapping the Way Forward
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Ankhiya Far Far Karata||अखिया फर फर करता !!Santosh Raj And Selina Kunwar Doha Qatar
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Lahnga Far Dehle Raja Ji-Lahanga Far Dem-Chitra Films-Prem Tufani
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‘We stay far from politics, very far’: CDS Gen Rawat refutes allegations of political inclination
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PM Shri Narendra Modi interacts with Heads of Indian Missions abroad and stakeholders of trade and commerce
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Dbhoi : Prayer By Dabhoi's Public Far Financial Minister Operation of Country
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