Bank Indonesia has a special independent status as a state institution separate from the government to effectively perform its role as the central bank of Indonesia. While independent, it maintains close coordination with government bodies like the House of Representatives and provides regular reporting. It also collaborates with other institutions through agreements to coordinate on economic, banking and financial issues. Bank Indonesia implements corporate social responsibility programs focused on supporting small and medium enterprises, education, and the environment to benefit communities and fulfill its ethical responsibilities.
Financial Inclusion Summit 2016 - PMJDY Scheme - Part - 3Resurgent India
Hon'ble Prime Minister, Sh. Narendra Modi launched the Pradhan Mantri Jan-Dhan Yojana (PMJDY) scheme as a national mission for Financial Inclusion on 28th August, 2014. The objective of PMJDY scheme is to ensure affordable access of financial services to the vast sections of the disadvantaged and low-income groups. The financial services include credit, savings, insurance and payments and remittance facilities.
Financial inclusion for sustainable developmentTapasya123
For any developing country like India, the sustainable growth of nation is only possible
by inclusive all financial services to those groups who are excluded to access financial
system. The approach that was first used by the government for financial inclusion
was Swabhimaan. In Swabhimaan, the target area was rural with account opening
as the main focus ignoring the use of mobile banking. Pradhan Mantri Jan-Dhan
Yojana (PMJDY) is introduced to overcome the loopholes of Swabhimaan. It is an
urge of the hour to make the people understand that financial inclusion is the emerging
financial means which play major role to develop country by eradicating poverty.
The main objective of financial inclusion is a basic no frill account, credit availability
at appropriate rate, knowledge of secure savings and financial products, remittance,
pension and insurance etc. PMJDY is major financial plan with the objective of covering
all households in the country with banking facilities along with inbuilt insurance
coverage. The paper implies to study the need of financial inclusions in India with
special reference to PMJDY for the sustainable growth of economy.
Financil Inclusion for Sustainable Development through Pradhan Mantri Jan-Dha...professionalpanorama
For any developing country like India, the sustainable growth of nation is only possible
by inclusive all financial services to those groups who are excluded to access financial
system. The approach that was first used by the government for financial inclusion
was Swabhimaan. In Swabhimaan, the target area was rural with account opening
as the main focus ignoring the use of mobile banking. Pradhan Mantri Jan-Dhan
Yojana (PMJDY) is introduced to overcome the loopholes of Swabhimaan. It is an
urge of the hour to make the people understand that financial inclusion is the emerging
financial means which play major role to develop country by eradicating poverty.
The main objective of financial inclusion is a basic no frill account, credit availability
at appropriate rate, knowledge of secure savings and financial products, remittance,
pension and insurance etc. PMJDY is major financial plan with the objective of covering
all households in the country with banking facilities along with inbuilt insurance
coverage. The paper implies to study the need of financial inclusions in India with
special reference to PMJDY for the sustainable growth of economy.
Keywords: Financial Exclusion, Financial Inclusion, PMJDY, Sustainable Growth.
In order to access the level of financial inclusion in New Delhi, a survey was conducted in area of Govindpuri, Kalkaji, CR park (South Delhi) through a questionnaire.
We recently worked with a non banking financial institution and helped them create a professional looking version of their existing loan policy documents. The intent was to keep the document clean and impactful whilst breaking away from the usage of Word.
Most of the times these documents are made in softwares such as InDesign but we made it in PowerPoint. The client not only benefited because the document was editable but was also able to re-use it for future projects. Also, the cost of creating this document was in PowerPoint was 8 times lesser than what they would have paid for InDesign work!
This presentation is based on Financial Inclusion, Financial Inclusion is the process of ensuring access to appropriate financial products and services needed by all sections of the society in general and vulnerable groups such as weaker sections and low income groups in particular at an affordable cost in a fair and transparent manner by mainstream institutional players.
This is a latest development in Indian banking landscape after the Government of India announced the intention to license new commercial banks in private sector. Reserve bank of India, the banking regulator has set the process. This is a milestone development in Indian banking landscape. Final guidelines would be issued by Reserve Bank after necessary dialogue with government.
In a society where a large chunk of people are financially excluded, financial literacy would play a game changing role in promoting financial inclusion. In March 2010, Hon’ble Finance Minister of India during RBI-OECD Workshop on Financial Literacy mentioned: “ Financial literacy, and education, plays a crucial role financial inclusion, inclusive growth and sustainable prosperity”.
Financial Inclusion Summit 2016 - PMJDY Scheme - Part - 3Resurgent India
Hon'ble Prime Minister, Sh. Narendra Modi launched the Pradhan Mantri Jan-Dhan Yojana (PMJDY) scheme as a national mission for Financial Inclusion on 28th August, 2014. The objective of PMJDY scheme is to ensure affordable access of financial services to the vast sections of the disadvantaged and low-income groups. The financial services include credit, savings, insurance and payments and remittance facilities.
Financial inclusion for sustainable developmentTapasya123
For any developing country like India, the sustainable growth of nation is only possible
by inclusive all financial services to those groups who are excluded to access financial
system. The approach that was first used by the government for financial inclusion
was Swabhimaan. In Swabhimaan, the target area was rural with account opening
as the main focus ignoring the use of mobile banking. Pradhan Mantri Jan-Dhan
Yojana (PMJDY) is introduced to overcome the loopholes of Swabhimaan. It is an
urge of the hour to make the people understand that financial inclusion is the emerging
financial means which play major role to develop country by eradicating poverty.
The main objective of financial inclusion is a basic no frill account, credit availability
at appropriate rate, knowledge of secure savings and financial products, remittance,
pension and insurance etc. PMJDY is major financial plan with the objective of covering
all households in the country with banking facilities along with inbuilt insurance
coverage. The paper implies to study the need of financial inclusions in India with
special reference to PMJDY for the sustainable growth of economy.
Financil Inclusion for Sustainable Development through Pradhan Mantri Jan-Dha...professionalpanorama
For any developing country like India, the sustainable growth of nation is only possible
by inclusive all financial services to those groups who are excluded to access financial
system. The approach that was first used by the government for financial inclusion
was Swabhimaan. In Swabhimaan, the target area was rural with account opening
as the main focus ignoring the use of mobile banking. Pradhan Mantri Jan-Dhan
Yojana (PMJDY) is introduced to overcome the loopholes of Swabhimaan. It is an
urge of the hour to make the people understand that financial inclusion is the emerging
financial means which play major role to develop country by eradicating poverty.
The main objective of financial inclusion is a basic no frill account, credit availability
at appropriate rate, knowledge of secure savings and financial products, remittance,
pension and insurance etc. PMJDY is major financial plan with the objective of covering
all households in the country with banking facilities along with inbuilt insurance
coverage. The paper implies to study the need of financial inclusions in India with
special reference to PMJDY for the sustainable growth of economy.
Keywords: Financial Exclusion, Financial Inclusion, PMJDY, Sustainable Growth.
In order to access the level of financial inclusion in New Delhi, a survey was conducted in area of Govindpuri, Kalkaji, CR park (South Delhi) through a questionnaire.
We recently worked with a non banking financial institution and helped them create a professional looking version of their existing loan policy documents. The intent was to keep the document clean and impactful whilst breaking away from the usage of Word.
Most of the times these documents are made in softwares such as InDesign but we made it in PowerPoint. The client not only benefited because the document was editable but was also able to re-use it for future projects. Also, the cost of creating this document was in PowerPoint was 8 times lesser than what they would have paid for InDesign work!
This presentation is based on Financial Inclusion, Financial Inclusion is the process of ensuring access to appropriate financial products and services needed by all sections of the society in general and vulnerable groups such as weaker sections and low income groups in particular at an affordable cost in a fair and transparent manner by mainstream institutional players.
This is a latest development in Indian banking landscape after the Government of India announced the intention to license new commercial banks in private sector. Reserve bank of India, the banking regulator has set the process. This is a milestone development in Indian banking landscape. Final guidelines would be issued by Reserve Bank after necessary dialogue with government.
In a society where a large chunk of people are financially excluded, financial literacy would play a game changing role in promoting financial inclusion. In March 2010, Hon’ble Finance Minister of India during RBI-OECD Workshop on Financial Literacy mentioned: “ Financial literacy, and education, plays a crucial role financial inclusion, inclusive growth and sustainable prosperity”.
The technologies and people we are designing experiences for are constantly changing, in most cases they are changing at a rate that is difficult keep up with. When we think about how our teams are structured and the design processes we use in light of this challenge, a new design problem (or problem space) emerges, one that requires us to focus inward. How do we structure our teams and processes to be resilient? What would happen if we looked at our teams and design process as IA’s, Designers, Researchers? What strategies would we put in place to help them be successful? This talk will look at challenges we face leading, supporting, or simply being a part of design teams creating experiences for user groups with changing technological needs.
3 Things Every Sales Team Needs to Be Thinking About in 2017Drift
Thinking about your sales team's goals for 2017? Drift's VP of Sales shares 3 things you can do to improve conversion rates and drive more revenue.
Read the full story on the Drift blog here: http://blog.drift.com/sales-team-tips
How to Become a Thought Leader in Your NicheLeslie Samuel
Are bloggers thought leaders? Here are some tips on how you can become one. Provide great value, put awesome content out there on a regular basis, and help others.
Social responsibility-report-year-2013
You can read more here:
https://ahli.com/report/social-responsibility-report/social-responsibility-report-year-2013/
International Journal of Business and Management Invention (IJBMI)inventionjournals
International Journal of Business and Management Invention (IJBMI) is an international journal intended for professionals and researchers in all fields of Business and Management. IJBMI publishes research articles and reviews within the whole field Business and Management, new teaching methods, assessment, validation and the impact of new technologies and it will continue to provide information on the latest trends and developments in this ever-expanding subject. The publications of papers are selected through double peer reviewed to ensure originality, relevance, and readability. The articles published in our journal can be accessed online.
Describe the background of BIMP EAGA and the result of the first Custom, Immigration, Quarantine and Security (CIQS) Meeting that was held in Manilan in 2006.
Solution Manual For Financial Accounting, 8th Canadian Edition 2024, by Libby...Donc Test
Solution Manual For Financial Accounting, 8th Canadian Edition 2024, by Libby, Hodge, Verified Chapters 1 - 13, Complete Newest Version Solution Manual For Financial Accounting, 8th Canadian Edition by Libby, Hodge, Verified Chapters 1 - 13, Complete Newest Version Solution Manual For Financial Accounting 8th Canadian Edition Pdf Chapters Download Stuvia Solution Manual For Financial Accounting 8th Canadian Edition Ebook Download Stuvia Solution Manual For Financial Accounting 8th Canadian Edition Pdf Solution Manual For Financial Accounting 8th Canadian Edition Pdf Download Stuvia Financial Accounting 8th Canadian Edition Pdf Chapters Download Stuvia Financial Accounting 8th Canadian Edition Ebook Download Stuvia Financial Accounting 8th Canadian Edition Pdf Financial Accounting 8th Canadian Edition Pdf Download Stuvia
2. Elemental Economics - Mineral demand.pdfNeal Brewster
After this second you should be able to: Explain the main determinants of demand for any mineral product, and their relative importance; recognise and explain how demand for any product is likely to change with economic activity; recognise and explain the roles of technology and relative prices in influencing demand; be able to explain the differences between the rates of growth of demand for different products.
5 Tips for Creating Standard Financial ReportsEasyReports
Well-crafted financial reports serve as vital tools for decision-making and transparency within an organization. By following the undermentioned tips, you can create standardized financial reports that effectively communicate your company's financial health and performance to stakeholders.
Abhay Bhutada, the Managing Director of Poonawalla Fincorp Limited, is an accomplished leader with over 15 years of experience in commercial and retail lending. A Qualified Chartered Accountant, he has been pivotal in leveraging technology to enhance financial services. Starting his career at Bank of India, he later founded TAB Capital Limited and co-founded Poonawalla Finance Private Limited, emphasizing digital lending. Under his leadership, Poonawalla Fincorp achieved a 'AAA' credit rating, integrating acquisitions and emphasizing corporate governance. Actively involved in industry forums and CSR initiatives, Abhay has been recognized with awards like "Young Entrepreneur of India 2017" and "40 under 40 Most Influential Leader for 2020-21." Personally, he values mindfulness, enjoys gardening, yoga, and sees every day as an opportunity for growth and improvement.
Abhay Bhutada Leads Poonawalla Fincorp To Record Low NPA And Unprecedented Gr...Vighnesh Shashtri
Under the leadership of Abhay Bhutada, Poonawalla Fincorp has achieved record-low Non-Performing Assets (NPA) and witnessed unprecedented growth. Bhutada's strategic vision and effective management have significantly enhanced the company's financial health, showcasing a robust performance in the financial sector. This achievement underscores the company's resilience and ability to thrive in a competitive market, setting a new benchmark for operational excellence in the industry.
"Does Foreign Direct Investment Negatively Affect Preservation of Culture in the Global South? Case Studies in Thailand and Cambodia."
Do elements of globalization, such as Foreign Direct Investment (FDI), negatively affect the ability of countries in the Global South to preserve their culture? This research aims to answer this question by employing a cross-sectional comparative case study analysis utilizing methods of difference. Thailand and Cambodia are compared as they are in the same region and have a similar culture. The metric of difference between Thailand and Cambodia is their ability to preserve their culture. This ability is operationalized by their respective attitudes towards FDI; Thailand imposes stringent regulations and limitations on FDI while Cambodia does not hesitate to accept most FDI and imposes fewer limitations. The evidence from this study suggests that FDI from globally influential countries with high gross domestic products (GDPs) (e.g. China, U.S.) challenges the ability of countries with lower GDPs (e.g. Cambodia) to protect their culture. Furthermore, the ability, or lack thereof, of the receiving countries to protect their culture is amplified by the existence and implementation of restrictive FDI policies imposed by their governments.
My study abroad in Bali, Indonesia, inspired this research topic as I noticed how globalization is changing the culture of its people. I learned their language and way of life which helped me understand the beauty and importance of cultural preservation. I believe we could all benefit from learning new perspectives as they could help us ideate solutions to contemporary issues and empathize with others.
BONKMILLON Unleashes Its Bonkers Potential on Solana.pdfcoingabbar
Introducing BONKMILLON - The Most Bonkers Meme Coin Yet
Let's be real for a second – the world of meme coins can feel like a bit of a circus at times. Every other day, there's a new token promising to take you "to the moon" or offering some groundbreaking utility that'll change the game forever. But how many of them actually deliver on that hype?
2. From a constitutional standpoint, Bank
Indonesia’s status as an independent
institution is not parallel with higher state
institutions such as the House of
Representatives, National Audit Office
and Supreme Court.
Bank Indonesia’s status is also unlike any
State Department as Bank Indonesia’s
official position is separate from the
Government.
3. Such special status is required to enable
Bank Indonesia to perform its roles and
functions as the Monetary Authority more
effectively and efficiently.
Despite its status as an independent state
institution, Bank Indonesia maintains a
close working relationship and tight
coordination with the House of
Representatives, National Audit Office,
Government and other relevant parties.
4. With respect to its relationship with the
President and House of
Representatives, at the beginning of
each financial year Bank Indonesia
delivers in writing an evaluation of
monetary policy implementation and
future monetary policy planning.
In particular to the House of
Representatives, Bank Indonesia’s
role and responsibilities are reported
quarterly or as requested by the
House.
5. Bank Indonesia also reports its
projected and actual annual budget
to the Government and House of
Representatives. Furthermore, Bank
Indonesia is obliged to disclose its
annual financial report to the National
Audit Office.
6. BI’s Relationship with the Government:
Financial Relationship
Regarding its financial relationship with the
Government, Bank Indonesia assists in the issuance
and placement of government bonds in order to fund
the State Budget. However, Bank Indonesia is
prohibited from purchasing government bonds
7. BI’s Relationship with the Government:
Financial Relationship
Bank Indonesia also acts as the Government’s cashier,
administrating the government’s accounts held at Bank
Indonesia. At the Government’s behest, Bank Indonesia is
permitted to receive foreign loans for and on behalf of the
Indonesian Government.
However, Bank Indonesia’s role is centrally focused on
uninterrupted monetary control effectiveness, extending
credit to the Government to overcome deficit spending is
no longer under the auspices of Bank Indonesia.
8. BI’s Relationship with the Government:
Independence within Interdependence
Despite Bank Indonesia’s status as an
independent state institution, consultative
coordination with the Government remains
essential, as Bank Indonesia’s responsibilities are
an inseparable part of holistic national economic
policies.
9. BI’s Relationship with the Government:
Independence within Interdependence
Coordination between Bank Indonesia and the Government
is facilitated through cabinet sessions to discuss economic,
banking and financial issues related to Bank Indonesia’s
roles and functions. The Government may seek bank
Indonesia’s opinion at the cabinet sessions. In addition,
Bank Indonesia may provide input, opinion as well as
recommendations regarding the Planned State Budget as
well as other policies related to its mandate.
10. BI’s Relationship with the Government:
Independence within Interdependence
Conversely, the Government may attend Bank
Indonesia’s Board of Governors’ Meeting with the
right to be heard but no right to vote. Therefore,
independence is strongly influenced by a stable
proportional working relationship between Bank
Indonesia, the Government and other related
institutions.
11. Collaboration with other Institutions
Realizing the importance of support from various parties to
ensure success in carrying out its duties, Bank Indonesia
continuously collaborates and coordinates with many state
institutions and other elements of society. Several
collaborations are set out in a Memorandum of
Understanding (MoU), Joint Decree or some other kind of
formal agreement, which are intended to create synergy
and clarify task distribution among institutions as well as
encourage effective legal enforcement.
12. Collaboration with other Institutions
Ongoing collaborations include the following:
• Treasury Department: MoU detailing Target Setting,
Supervision and Inflation Control Mechanisms in Indonesia;
MoU on Bank Indonesia as an agent to process government
foreign loans and grants; and a Joint Decree on the
administration of government bond issuances in order to
improve the soundness of the banking sector.
• Supreme Court & National Police: Joint Decree setting out
collaboration to handle criminal activity in the banking sector.
13. Collaboration with other Institutions
Ongoing collaborations include the following:
• Indonesian National Police and State Intelligence Agency:
MoU on the Eradication of counterfeit money.
• Coordinating Ministry for Public Welfare, Ministry of
Cooperatives and SMEs: MoU on MSME Empowerment and
Development
• Association of SUN Traders (Himdasun): MoU on the
formulation of a Master Repurchase Agreement (MRA)
• Joint Decree of Minister of Finance & Governor of Bank
Indonesia Concerning Coordination of Government Cash
Management
15. WHAT AND WHY: BANK INDONESIA’S CORPORATE
SOCIAL RESPONSIBILITY (CSR) PROGRAM?
“…the business community, during the last half of century, has transformed
into the most dominant institution on the planet. The dominant institution
in any society has to take responsibility for joint interest…every decision
made, every action taken has to be seen within the context of such
responsibility …”
These were the sentiments expressed by Dr. David C. Korten, the author of
the best-selling book “When Corporations Rule the World”. Korten is
highlighting how corporate activity influences the quality of life of an
individual, society as a whole and even the world. This phenomenon is
Corporate Social Responsibility (CSR) in a nutshell.
16. WHAT AND WHY: BANK INDONESIA’S CORPORATE
SOCIAL RESPONSIBILITY (CSR) PROGRAM?
Similarly, social responsibility seems to be growing almost
daily at Bank Indonesia, which has more than just legal and
monetary economic responsibilities. There are also ethical,
social and discretionary responsibilities, which are not
legally obligatory but performed out of self-desire.
17. WHAT AND WHY: BANK INDONESIA’S CORPORATE
SOCIAL RESPONSIBILITY (CSR) PROGRAM?
CSR awareness has become a global trend along with the efforts to
prioritize stakeholders. Bank Indonesia’s CSR program is a form of
Good Corporate Governance, as well as supporting the achievement of
the Millennium Goals Development; one of which is to halve poverty by
2015 through MSME-focused CSR, improve public education through
education-focused CSR and preserve the environment through
environment-focused CSR. Bank Indonesia’s CSR program includes
realigning itself with the stakeholders’ requirements and expectations in
relation to issues of ethics, social issues, education, the environment as
well as the economy.
18. WHAT AND WHY: BANK INDONESIA’S CORPORATE
SOCIAL RESPONSIBILITY (CSR) PROGRAM?
BI-CSR Program Theme
Based on the belief that communication is an essential factor for Bank Indonesia to
maintain its relationship and demonstrate its care in the community, BI CSR aims to
prioritize activities that benefit both parties with the all-embracing goals of:
Improving the public’s economic life, particularly the middle to low-income strata.
• Assisting government programs in building competent human resources able to
compete internationally.
• Improving and maintaining the ecosystem through collaboration with the public.
Therefore, Bank Indonesia CSR Program is reflected by the slogan:
•
• BI COMMUNICATE – eCOsystem, sMall MediUm eNterprIse, and eduCATion for
peoplE
19. WHAT AND WHY: BANK INDONESIA’S CORPORATE
SOCIAL RESPONSIBILITY (CSR) PROGRAM?
BI Study Visit Program
Study Visits to Bank Indonesia’s Central Office are a part of Bank
Indonesia’s endeavors to educate the public on subjects related to the
Central Bank’s role in the monetary, banking and payment systems.
Bank Indonesia provides an opportunity for the general public to visit
the Central Office every Tuesday and Thursday according to the
procedures set in place.
20. WHAT AND WHY: BANK INDONESIA’S CORPORATE
SOCIAL RESPONSIBILITY (CSR) PROGRAM?
BI Care Coverage (CSR-BI)
This article provides actual news on BI-CSR activities in the
city as well as in rural areas, including other pertinent
information regarding CSR-BI (CSR-BI News), available in
Bahasa
21. WHAT AND WHY: BANK INDONESIA’S CORPORATE
SOCIAL RESPONSIBILITY (CSR) PROGRAM?
Code of Conduct
Bank Indonesia Code of Conduct is a standard guideline which reflects the
integrity of Bank Indonesia Employees. Any Bank Indonesia Employee shall
be responsible not only for understanding this Code of Conduct but also for
applying it in daily activities.
• Any Employee is not allowed to abuse position, authority, and/or facility
provided by Bank Indonesia.
• Any Bank Indonesia Official is required to report his/her wealth to Bank
Indonesia and/or the Corruption Eradication Commission (KPK).
22. WHAT AND WHY: BANK INDONESIA’S CORPORATE
SOCIAL RESPONSIBILITY (CSR) PROGRAM?
Code of Conduct
• Any Employee is not allowed to ask for/receive, give approval to
receive, permit or let family to ask for/receive facility and/or other
matters of monetary value from individual person or institution which is
recognized or reasonably suspected to have relation either directly or
indirectly with the concerned Employee’s position or job.
• Any Employee is required to keep Bank Indonesia secrecy for matters
categorized confidential.
• Any Employee is not allowed to become member, organizer of political
party, and/or to conduct activity for the interest of political party.