- Guide To Building And Understanding Your Credit Score
Your credit score is a powerful financial tool that can shape your financial future and a good credit score can open relevant doors. Building a strong credit score is a gradual process that requires discipline and financial responsibility Sethurathnam Ravi The average credit score for Indians last year was 715 as per a credit monitoring …Guide To Building And Understanding Your Credit Score Read More »
- RBI Mandates IT Services Framework For REs
REs shall facilitate the easy administration of IT and cyber governance and compliance, in place of the prevalent multiple circulars The new comprehensive master direction on information technology governance, risk, controls and assurance practices to be implemented by Regulated entities (REs) comprising of scheduled commercial banks (excluding regional rural banks); small finance banks; payments banks; … - Modi@9: Decoding PM’s Contribution To India’s Growth Story
The growth and development of a nation are continuous processes, and the aim is to make India a developed nation in the next 20-25 years The coming 30th May will see the completion of nine years of the Modi-led NDA government. PM Modi and his team have taken multifarious strides to enhance governance, financial inclusion, …Modi@9: Decoding PM’s Contribution To India’s Growth Story Read More »
- CFO – From ‘Finance’ To ‘Futuristic’
The role of the CFO in the organization is changing and transforming. The new global order, regulatory challenges, advent of tech and fluctuating financial cycles in the 21st century and the current decade, in particular, are transforming the definition of CFO from Chief Financial Officer to Chief Futuristic Officer Sethurathnam Ravi – former chairman of … - Union Budget 2023-24 Has A Long-Term Vision
This budget has something for all sections even as it walks the path of fiscal consolidation The focus of the budget 2023 is pro-growth. It has a long-term vision. It has also been described as an “Amrit Kaal” Budget. The Budget allows free cash availability and pushes employment generation which will give an impetus to … - Few key recommendations for personal taxes that Budget 2023 should consider
The 2023 Budget is the last full-year budget before the general elections in 2024. The Indian government has a challenge on hand: with global recession knocking at our doors, global GDP growth is expected to slow down to 2.7% in 2023, and not to forget our own fiscal deficit which is projected to be 6.4% …Few key recommendations for personal taxes that Budget 2023 should consider Read More »
- Customer To Remember Mantra “Never Trust A Stranger” To Avoid Getting Defrauded
The fraudsters succeed on account of customer’s need for rewards or better returns, increased spending limits, saving while spending and most importantly, carelessness as we seem to have forgotten what our elders taught us that Never Trust Strangers and Greed causes great Disaster. The advancement of technology, increased usage of digital platforms and mobile becoming …Customer To Remember Mantra “Never Trust A Stranger” To Avoid Getting Defrauded Read More »
- RBI CBDC – An Opportunity For The Future
RBI has recently launched a pilot for its digital rupee – a first step towards CBDC. However, there is a way to go before a full acceptance and leveraging of the blockchain ecosystem is achieved. This is a once in a generation opportunity for India to be a world leader, and the question is whether … - Impact of CBDC on the financial system and economy of India
It was a proposal made in October 2021 by the RBI to the government, which set India on the path of becoming one of the largest economies in the world to use a CBDC (Central Bank Digital Currency). The central bank had recommended that the RBI Act, 1934, be amended to broaden the ‘banknote’ definition …Impact of CBDC on the financial system and economy of India Read More »
- How Govt Can Ease GST-Related Complications To Facilitate Business For MSMEs – Sethurathnam Ravi
The government believed that a streamlined tax system and a single market would increase operational effectiveness, particularly for MSMEs According to the Ministry of Micro, Small, and Medium Enterprises, there were more than 7.9 million MSMEs in India as of March 27, 2022. These enterprises account for more than 29 per cent of the GDP … - Fintech Needs Regulation – But With A Dash Of Futuristic Thinking
Fintech, like most emerging technologies, and as one of the key verticals in the startup ecosystem, can be a game changer for India The world over fintech has been designed to be innovators and technology leaders. However in India as with all innovation, fintech has been viewed as a dated system and a historic roadblock …Fintech Needs Regulation – But With A Dash Of Futuristic Thinking Read More »
- How To Invest In International Mutual Funds And How To Choose A Fund
Investors intending to invest in foreign stocks can go through domestic mutual funds who have schemes mandated to invest in foreign stocks Investment in international mutual fund is getting more popular as it is generally believed that all global stocks will not fall together in normal circumstances. Investments in global stocks can be made through …How To Invest In International Mutual Funds And How To Choose A Fund Read More »