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India Post Payments Bank

The Indian Postal Service (India Post) has a famed history of 150 years. Operating under the Ministry of Communications and Information Technology, it has touched the lives of millions of Indians as a…

Saptarshi Roy Bardhan

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KYC Remediation- A boon for BFSI

Globally, the Know your Customer (KYC) process is a way for banks, financial institutions, service provider companies (for e.g., telecom, power, gas, internet, DTH TV et al.), various government depar

Saptarshi Roy Bardhan

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Regime of financial inclusion

For the last few years “Financial Inclusion” is the buzzword in the Indian Economy and banking circles. Not only India’s policy agenda across the globe, especially, that of the developing Nations talk

Saptarshi Roy Bardhan

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Create Conditions for Growth by Conducive Banking Norms

Union Minister Sri NitinGadkari made a very pertinent observation while addressing an event organised by an urban cooperative bank. He warned that taking action against every defaulting entrepreneur would…

Saptarshi Roy Bardhan

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Compliances for Independent Directors as Per MCA

Ministry of Corporate Affairs (MCA) vide its Notifications dated 22/10/2019 has introduced – Companies (Appointment and Qualification of Director) Fifth Amendment Rules, 2019.

Biswajit Das

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Digital footprints: changing faceof lending landscape

In this digital age, business processes are witnessing makeovers every other day. The efficacy of the age old brick and mortar concepts are being challenged by fast moving technologies which are lighter…

Saptarshi Roy Bardhan

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Process of empanelment of Independent Directors in the Data Bank

Indian Institute of Corporate Affairs (IICA) have introduced an online databank for all existing and aspiring Independent Directors.2019 issued by the Ministry of Corporate Affairs....

Biswajit Das

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FinTech: Opening A New Vista

The Covid-19 was declared a pandemic by the World Health Organisation on March 11, 2020. This prompted governments worldwide to restrict movement of people, which brought manufacturing,

Saptarshi Roy Bardhan

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Ex gratia scheme: A stitch in time?

The final verdict from the Reserve Bank of India (RBI) was out on October 26, 2020. It put an end to a spiralling controversy and the subsequent legal battle fought between the State and Gajendra Sharma,…

Saptarshi Roy Bardhan

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Electronic Signing Execution Documents Limitations

In order to combat with the global warming, ‘go green’ has become a global appeal of all nations and international organisations to the citizens across the countries. It is the responsibility of all citizens…

Biswajit Das

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KYC data of Institution / Legal Entity to be uploaded to CKYCR from April 2021

In terms of the provisions of Prevention of Money-Laundering Act, 2002 and the Prevention of Money-Laundering (Maintenance of Records) Rules, 2005, as amended from time to time by the Government of India,…

Mr. Biswajit Das

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Marketing during Pandemic

Humans are known to be a resilient race and when adversity strikes, they come up with some brilliant solutions for life to become easy to live with. Since the year 2020, the word “pandemic” has become…

Arnab Mukhuty

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