A.K. Sohani
Information Technology is vital to banks for developing innovative and effective products and services, which can result in greater customer satisfaction. The recent growth in the banking industry has been influenced y technology and its adoption. Because of technology, the traditional way of working in banks has changed. Implementation of technology has tremendous potential in the financial service industry and banks being part of this system cannot remain as ...
Greater focus on increasing the customer base, its retention, use of various technological tools and integrating different delivery channels are high on the agenda of banks. These delivery channels are working on a common platform to provide information to the management. In this context, the strategies adopted by different banks for remaining competitive are different. Product innovations help keep the organization from remaining competitive. The impact of ...
1. Central Banking Governance - Insights, 2. Central Bank Independence and Governance: Definitions and Modelling, 3. Central Bank Independence and Policy Results: Theory and Evidence, 4. Communicating a Policy Path: The Next Frontier in Central Bank Transparency? 5. Governance Structures and Decision-Making Roles in Inflation Targeting Central Banks, 6. Central Bank Governance: Maintaining Arms ...
Central Banking is regarded by many as one that is engaged in the formulation of monetary policy, banking and financial policies, and one of regulating and supervising the finances and bringing about financial stability of the country. Concomitant with the above statutory obligation enjoined on it, the bank strives to bring the supervisory and regulatory standards of commercial banks on a par with the international best practices. In this context, it is critical ...
Central banking system (of any country) has an indelible impact on the micro and macro economy factors of a country. The strategies implemented by central banks form the basis for analyzing the significant contributors of economic welfare. It ensures smooth functioning of the economy by protecting the economic interest of a country. As an apex institution a central bank is responsible for streamlining the flows of capital, trade, investment and currencies across ...
Several financial institutions have realized that to gain competitive advantage they have to resort to better management practices. Financial institutions, facing newer challenges and regulators throughout the world, are adopting and prescribing more stringent rules and procedures than before. There are macro-level shifts such as changes in consumer dynamics, change in and workforce demographics and advances in technology that threaten to make whole business ...