This was the second most important scam that rocked the Bombay Stock Exchange after the Harshad Mehta scam. Ketan Parekh is a former stock broker from Mumbai,who was convicted in 2008, for the involvement in India stock market manipulation,that occured from late 1998 to 2001.
The three major financial Scams that shook the economy of India and Financial sector,
- The Satyam saga
- The Sahara Scam
- Saradha chit fund embezzlement
This pdf briefly explains how the scams were unearthed and brought to light.
This was the second most important scam that rocked the Bombay Stock Exchange after the Harshad Mehta scam. Ketan Parekh is a former stock broker from Mumbai,who was convicted in 2008, for the involvement in India stock market manipulation,that occured from late 1998 to 2001.
The three major financial Scams that shook the economy of India and Financial sector,
- The Satyam saga
- The Sahara Scam
- Saradha chit fund embezzlement
This pdf briefly explains how the scams were unearthed and brought to light.
What is RBI, Structure of RBI, Function of RBI(Traditional/Promotional/Supervisory), Economic Policies, Monetary Policies, CRR, SLR, RRR, LAF, MSF, OMOS
Impact of monetary policy on industrial growthUdit Jain
The project describes the Impact of monetary policy on industrial growth. It covers the data of industrial analysis starting from 2004-05 to 2012-13 and finding the trend of monetary policies adopted by RBI on industry growth.
how can i use my minded pi coins I need some funds.DOT TECH
If you are interested in selling your pi coins, i have a verified pi merchant, who buys pi coins and resell them to exchanges looking forward to hold till mainnet launch.
Because the core team has announced that pi network will not be doing any pre-sale. The only way exchanges like huobi, bitmart and hotbit can get pi is by buying from miners.
Now a merchant stands in between these exchanges and the miners. As a link to make transactions smooth. Because right now in the enclosed mainnet you can't sell pi coins your self. You need the help of a merchant,
i will leave the telegram contact of my personal pi merchant below. 👇 I and my friends has traded more than 3000pi coins with him successfully.
@Pi_vendor_247
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
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.
how can I sell pi coins after successfully completing KYCDOT TECH
Pi coins is not launched yet in any exchange 💱 this means it's not swappable, the current pi displaying on coin market cap is the iou version of pi. And you can learn all about that on my previous post.
RIGHT NOW THE ONLY WAY you can sell pi coins is through verified pi merchants. A pi merchant is someone who buys pi coins and resell them to exchanges and crypto whales. Looking forward to hold massive quantities of pi coins before the mainnet launch.
This is because pi network is not doing any pre-sale or ico offerings, the only way to get my coins is from buying from miners. So a merchant facilitates the transactions between the miners and these exchanges holding pi.
I and my friends has sold more than 6000 pi coins successfully with this method. I will be happy to share the contact of my personal pi merchant. The one i trade with, if you have your own merchant you can trade with them. For those who are new.
Message: @Pi_vendor_247 on telegram.
I wouldn't advise you selling all percentage of the pi coins. Leave at least a before so its a win win during open mainnet. Have a nice day pioneers ♥️
#kyc #mainnet #picoins #pi #sellpi #piwallet
#pinetwork
What price will pi network be listed on exchangesDOT TECH
The rate at which pi will be listed is practically unknown. But due to speculations surrounding it the predicted rate is tends to be from 30$ — 50$.
So if you are interested in selling your pi network coins at a high rate tho. Or you can't wait till the mainnet launch in 2026. You can easily trade your pi coins with a merchant.
A merchant is someone who buys pi coins from miners and resell them to Investors looking forward to hold massive quantities till mainnet launch.
I will leave the telegram contact of my personal pi vendor to trade with.
@Pi_vendor_247
What website can I sell pi coins securely.DOT TECH
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the telegram contact of my personal pi merchant to trade with.
Tele-gram.
@Pi_vendor_247
The secret way to sell pi coins effortlessly.DOT TECH
Well as we all know pi isn't launched yet. But you can still sell your pi coins effortlessly because some whales in China are interested in holding massive pi coins. And they are willing to pay good money for it. If you are interested in selling I will leave a contact for you. Just telegram this number below. I sold about 3000 pi coins to him and he paid me immediately.
Telegram: @Pi_vendor_247
Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...Quotidiano Piemontese
Turin Startup Ecosystem 2024
Una ricerca de il Club degli Investitori, in collaborazione con ToTeM Torino Tech Map e con il supporto della ESCP Business School e di Growth Capital
BYD SWOT Analysis and In-Depth Insights 2024.pptxmikemetalprod
Indepth analysis of the BYD 2024
BYD (Build Your Dreams) is a Chinese automaker and battery manufacturer that has snowballed over the past two decades to become a significant player in electric vehicles and global clean energy technology.
This SWOT analysis examines BYD's strengths, weaknesses, opportunities, and threats as it competes in the fast-changing automotive and energy storage industries.
Founded in 1995 and headquartered in Shenzhen, BYD started as a battery company before expanding into automobiles in the early 2000s.
Initially manufacturing gasoline-powered vehicles, BYD focused on plug-in hybrid and fully electric vehicles, leveraging its expertise in battery technology.
Today, BYD is the world’s largest electric vehicle manufacturer, delivering over 1.2 million electric cars globally. The company also produces electric buses, trucks, forklifts, and rail transit.
On the energy side, BYD is a major supplier of rechargeable batteries for cell phones, laptops, electric vehicles, and energy storage systems.
Seminar: Gender Board Diversity through Ownership NetworksGRAPE
Seminar on gender diversity spillovers through ownership networks at FAME|GRAPE. Presenting novel research. Studies in economics and management using econometrics methods.
US Economic Outlook - Being Decided - M Capital Group August 2021.pdfpchutichetpong
The U.S. economy is continuing its impressive recovery from the COVID-19 pandemic and not slowing down despite re-occurring bumps. The U.S. savings rate reached its highest ever recorded level at 34% in April 2020 and Americans seem ready to spend. The sectors that had been hurt the most by the pandemic specifically reduced consumer spending, like retail, leisure, hospitality, and travel, are now experiencing massive growth in revenue and job openings.
Could this growth lead to a “Roaring Twenties”? As quickly as the U.S. economy contracted, experiencing a 9.1% drop in economic output relative to the business cycle in Q2 2020, the largest in recorded history, it has rebounded beyond expectations. This surprising growth seems to be fueled by the U.S. government’s aggressive fiscal and monetary policies, and an increase in consumer spending as mobility restrictions are lifted. Unemployment rates between June 2020 and June 2021 decreased by 5.2%, while the demand for labor is increasing, coupled with increasing wages to incentivize Americans to rejoin the labor force. Schools and businesses are expected to fully reopen soon. In parallel, vaccination rates across the country and the world continue to rise, with full vaccination rates of 50% and 14.8% respectively.
However, it is not completely smooth sailing from here. According to M Capital Group, the main risks that threaten the continued growth of the U.S. economy are inflation, unsettled trade relations, and another wave of Covid-19 mutations that could shut down the world again. Have we learned from the past year of COVID-19 and adapted our economy accordingly?
“In order for the U.S. economy to continue growing, whether there is another wave or not, the U.S. needs to focus on diversifying supply chains, supporting business investment, and maintaining consumer spending,” says Grace Feeley, a research analyst at M Capital Group.
While the economic indicators are positive, the risks are coming closer to manifesting and threatening such growth. The new variants spreading throughout the world, Delta, Lambda, and Gamma, are vaccine-resistant and muddy the predictions made about the economy and health of the country. These variants bring back the feeling of uncertainty that has wreaked havoc not only on the stock market but the mindset of people around the world. MCG provides unique insight on how to mitigate these risks to possibly ensure a bright economic future.
The European Unemployment Puzzle: implications from population agingGRAPE
We study the link between the evolving age structure of the working population and unemployment. We build a large new Keynesian OLG model with a realistic age structure, labor market frictions, sticky prices, and aggregate shocks. Once calibrated to the European economy, we quantify the extent to which demographic changes over the last three decades have contributed to the decline of the unemployment rate. Our findings yield important implications for the future evolution of unemployment given the anticipated further aging of the working population in Europe. We also quantify the implications for optimal monetary policy: lowering inflation volatility becomes less costly in terms of GDP and unemployment volatility, which hints that optimal monetary policy may be more hawkish in an aging society. Finally, our results also propose a partial reversal of the European-US unemployment puzzle due to the fact that the share of young workers is expected to remain robust in the US.
Lecture slide titled Fraud Risk Mitigation, Webinar Lecture Delivered at the Society for West African Internal Audit Practitioners (SWAIAP) on Wednesday, November 8, 2023.
how to sell pi coins effectively (from 50 - 100k pi)DOT TECH
Anywhere in the world, including Africa, America, and Europe, you can sell Pi Network Coins online and receive cash through online payment options.
Pi has not yet been launched on any exchange because we are currently using the confined Mainnet. The planned launch date for Pi is June 28, 2026.
Reselling to investors who want to hold until the mainnet launch in 2026 is currently the sole way to sell.
Consequently, right now. All you need to do is select the right pi network provider.
Who is a pi merchant?
An individual who buys coins from miners on the pi network and resells them to investors hoping to hang onto them until the mainnet is launched is known as a pi merchant.
debuts.
I'll provide you the Telegram username
@Pi_vendor_247
8. RATES
TYPES OF RATES
• BASE RATE
• BANK RATE
• REPO RATE
• REVERSE REPO RATE
• MARGINAL STANDING FACILITY
• STATUTORY LIQUIDITY RATIO (SLR)
• CASH RESERVE RATIO(CRR)
• FOREIGN EXCHANGE RATE
• CALL RATE
• RATE OF INTEREST
9. BASE RATE
BASE RATE IS THE MINIMUM RATE SET BY THE
RESERVE BANK OF INDIA BELOW WHICH BANKS
ARE NOT ALLOWED TO LEND TO ITS
CUSTOMERS.
PURPOSE
Transparency
in credit
market
Lower cost of
funds to the
customers
How Is Base Rate Calculated?
The calculation of base rate is based on different
factors. A few of them are:
• Deposit cost
• Administrative cost
• Unallocated overhead cost
• The amount of profit a bank earns in the last
financial year
10. BANK RATE
IT IS THE RATE CHARGED BY THE CENTRAL BANK FOR
LENDING FUNDS TO COMMERCIAL BANKS. IT IS ALSO
KNOWN AS “DISCOUNT RATE”.
HIGHER bank rate will lead to HIGHER lending rate
by the Commercial bank & vice versa.
COMPARISON OF RATES
BEFORE COVID-19 DURING COVID-19
5.4% 4.65%
11. TYPES OF REPO RATE
OVERNIGHT REPO RATE
TERM REPO RATE
FUNCTIONING OF REPO RATE
OBJECTIVES OF BANK
REPO RATE
CONTRO
L
INFLATION
MONEY
SUPPLY
IT IS THE RATE AT WHICH CENTRAL BANK (RBI IN
CASE OF INDIA) OF A COUNTRY LENDS MONEY
TO COMMERCIAL BANKS IN THE EVENT OF ANY
SHORTFALL OF FUNDS.IT IS ALSO KNOWN AS
“REPURCHASE RATE”.
12. In order to achieve the following objectives the CENTRAL BANK functions in the
following manner
REPO
RATE
HIGH
LOW
BORROWINGS
BORROWINGS
COMPARISON OF RATES
BEFORE DURING
COVID-19 COVID-19
5.15% 4.00%
13. COMPARISON OF RATES
BEFORE COVID-19 DURING COVID-19
4.00% 3.75%
REVERSE REPO RATE
EXAMPLE
For instance, let's assume the reverse repo rate
is 5% p.a. A commercial bank has deposited
RS 10,000 in the central bank this means
the commercial bank will earn RS 500 rupees
p.a. as interest.
IT IS THE RATE AT WHICH THE CENTRAL BANK OF
A COUNTRY(RESERVE BANK OF INDIA IN CASE OF
INDIA) BORROW MONEY FROM COMMERCIAL
BANKS WITHIN THE COUNTRY.
14. FUNCTIONING OF REVERSE REPO RATE
An increase in the reverse repo rate will decrease the money supply and vice versa other things
remaining constant .
An increase in the reverse repo rate means that commercial banks will get more incentive to park the
funds with the RBI thereby decreasing the supply of money in the market .
15. MARGINAL STANDING FACILITY(MSF)
MARGINAL STANDING FACILITY IS THE RATE AT WHICH BANKS
ARE ABLE TO BORROW OVERNIGHT FUNDS FROM RBI AGAINST THE
APPROVED GOVERNMENT SECURITIES. IT IS A NEW LIQUIDITY
ADJUSTMENT FACILITY ( LAF) WINDOW CREATED BY RBI IN ITS
CREDIT POLICY.
BENEFITS
BORROW
FUNDS FROM
RBI
ONE DAY
LOAN
COMPARISON OF RATES
BEFORE COVID-19
4.25%
DURING COVID-19
4.25%
16. STATUTORY LIQUIDITY RATIO(SLR)
IN INDIA THE STATUTORY LIQUIDITY RATIO SLR IS THE GOVERNMENT
TERM FOR THE RESERVE REQUIREMENT THAT COMMERCIAL BANKS ARE
REQUIRED TO MAINTAIN IN THE FORM OF CASH, GOLD RESERVE, PSU BONDS
AND RBI APPROVED SECURITIES BEFORE PROVIDING CREDIT TO THE
CUSTOMER.
COMPARISON OF RATES
BEFORE COVID-19 DURING COVID-19
18.25% 18.00%
Formula for calculating SLR
SLR= LIQUID ASSETS X 100%
[( DEMAND + TIME LIABILITIES)]
DETERMINED
BY
Time
Liabilitie
s
Demand
Liabilitie
s
17. CASH RESERVE RATIO(CRR)
THE CRR IS A PARTICULAR MINIMUM AMOUNT OF THE TOTAL DEPOSIT OF CUSTOMER
THAT NEEDS TO BE MAINTAINED BY THE COMMERCIAL BANK AS A RESERVE EITHER
CASH OR AS DEPOSITS WITH RBI.
FUNCTIONING OF CRR IN BANKS
When the RBI decides to the CRR, the amount of money that is available with the
banks .This is the RBI’s way of controlling the excess flow of money in the economy.
COMPARISON OF RATES
BEFORE COVID-19 DURING COVID-19
3.00% 3.00%
18. FOREIGN
FOREIGN EXCHANGE RATE IS THE PRICE OF ONE
CURRENCY IN TERMS OF ANOTHER BECAUSE THE
FOREIGN EXCHANGE RATE COMPARES THE CURRENCIES
OF TWO COUNTRIES. IT DEPENDS ON THE VALUE OF
EACH CURRENCY AND THUS ON THE ECONOMIES OF
BOTH THE COUNTRIES.
EXAMPLE
In April 2020 1 USD was equal to 73.83
INDIAN RUPEE . 1 INDIAN RUPEE was equal
to 0.0135 USD
EXCHANGE RATE
19. CALL RATE
CALL RATE IS THE RATE AT WHICH SHORT TERM FUNDS ARE
BORROWED AND LENT IN THE MARKET. IT DOES NOT HAVE
REPAYMENT SCHEDULE AND THEREFORE MUST BE REPAID ON
DEMAND .DEALING IN CALL MONEY IS DONE THROUGH THE
ELECTRONIC TRADING PLATFORM CALLED NEGOTIATED TRADING
SYSTEM (NDS).
COMPONENTS
LIQUIDITY SITUATION IN THE ECONOMY
COMPLY WITH STATUTORY CRR AND SLR
DEMAND FOR FUNDS
COMPARISON OF RATES
BEFORE COVID-19
DURING COVID-19
4.25%
2.00%
20. RATE OF INTEREST
AN INTEREST RATE IS THE AMOUNT OF
INTEREST DUE PER PERIOD AS A PROPORTION
OF THE AMOUNT LENT DEPOSITED OR
BORROWED.
FUNCTIONING OF RATE OF INTEREST
Central banks raise or lower short-term
interest rates to ensure stability and
liquidity in the economy. Low demand
for long-term notes leads to Higher
rates. While Higher demand leads
to LOWER rates.
TYPES OF INTEREST
Simple Interest
Compound Interest
Fixed Interest.
Variable Interest.
Annual Percentage Rate (APR)
The Prime Rate
The Discount Rate
23. NEWRULES FOR CREDIT AND DEBITCARDHOLDERS
All debit, credit cards shall be enabled for use only at ATMs and Point of Sale (PoS)
devices within India.
If customers want to use their debit, credit cards outside India, they would request
their respective banks to enable International transaction facility.
Banks will have the right to deactivate current cards and reissue them based on risk
perception.
The bank will have an option to disable the cards if any individual has not used their
card for online transaction before.
Cardholders will have the option to switch on and switch off their card.
Customers as well as banks can provide 24*7 mobile applications and net banking
options to modify the limits and enable and disable services.
Customers will be provided with contactless cards based on NFC technology.
25. Safety measures taken by banks
during Covid-19 pandemic
GOING DIGITAL
DIGITAL PAYMENTS
Digital bank account
opening/applying of loans
Providing time concessions
Providing sanitization
facilities
FOR
CUSTOMERS
FOR
EMPLOYEES
Transportati
on
facilities.
Reducing
working
hours.
Split site
working
27. PMC BANK CRISIS
Largest urban
cooperative
bank under RBI
Gave loan to HDIL
real estate
developer
Had unresolved
issue of Non-
performing
assets(NPA)
28. PMC BANK CRISIS: HIGHLIGHTS
In 2017, Punjab and Maharashtra
Cooperative Bank Chairman
S Waryam Singh held a stake of
1.91% in HDIL.
PMC bank continued
to lend to HDIL.
The bank issued HDIL founder Sarang
Wadhawan a personal loan of Rs 96.5 crores,
whose company had already defaulted on Rs
2,500 crores loans gradually which led total
debts of HDIL to 6500 crores.
The PMC Bank used at least
21,049 dummy accounts to
cover accumulated non-
performing assets.
29. FRAUDS
In the case of HDIL exposure was at 73 % four times the usual level.
Actions taken into consideration
The Economic
Offences Wing
(EOW) of Mumbai
Police has filed FIR.
PMC Bank’s suspended
director Joy Thomas,
chairman Waryaam
Singh; HDIL’s Rakesh
Wadhawan and Sarang
Wadhawan; other
HDIL-related entities.
30. The
Bank of
Industry
Dena
Bank
The
Bank of
the
Union
The
Bank of
India
FINANCIALINSTITUTION HAVING LOANDEFAULTS
ENFORCEMENT DIRECTORATE
(ED) CONFISCATED
12 high-
end cars
The listed
builder’s
commercial
and residential
properties
worth Rs.3500
crore
Chairman
of HDIL
and his son
Sarang
Wadhawan
31. CONCLUSION
According to RBI statistics, Bank
frauds dropped from 1,926 in 2004
to 1,551 in 2018.
A small capital base is one of the
reasons why cooperative banks fail
so often
Cooperative bank regulation by
RBI is not as stringent as that of
commercial banks
33. INTRODUCTION
It was the only banking partner for UPI transactions
such as Swiggy, Phone pay, Flipkart, Redbus
Looking at the growth of the bank, people started
depositing more and more, essentially, this value grew
to 2 lakh crores for the bank.
YES bank attained its peak and the highest confidence
among depositors and rating agencies.
35. THE COLLAPSE
Outstanding loans of YES
bank grew from INR 55,000
crore in FY14 to INR 2.41
trillion in FY19.
Rising Non-performing
assets (NPAs) of the bank.
Negative ratings of rating
agencies, the UBS report,
RBI’s correcting measures
on the bank for under-
reporting NPAs.
Panic among the
depositors and the
shareholders
36. CONCLUSION
The Madras High
Court has upheld
the legal validity of
RBI circular on
additional tier
1(AT1) bonds
dismissing the plea
of YES BANK
investors
A two judge bench
has held that the
investors invested
knowing the risks
associated with the
instrument.
Yes Bank's AT1
bonds worth Rs
8415 crore were
written down to
zero in March.
38. MISSIONS AND AIMS
To bring financially poor
excluded people into banking
system
It covers both urban and rural
areas
Raises of the Indian economy
To decrease corruption in
government subsidy schemes
Digital India
39. BENEFITS OF PMJDY
Can be opened with zero balance
Not required to maintain
minimum balance
Interest on deposit
Accidental insurance coverage of
rupees 1 LAKH
Life insurance cover up rupees
30,000
Easy transfer of money across
India
40. Performance
Date Total Balance
1st April, 2020 ₹1,19,680 Cr.
8th April, 2020 ₹1,27,748 Cr.
15th April, 2020 ₹1,33,564 Cr.
22nd April, 2020 ₹1,32,564 Cr.
29th April, 2020 ₹1,29,625 Cr.
6th May, 2020 ₹1,31,825 Cr.
13th May, 2020 ₹1,35,883 Cr.
27th May, 2020 ₹1,31,445 Cr.
Changein PMJDY Total Balance during April-May.
1.Transfer of cash
to PMJDY account.
2.Withdrawal of
cash on regular
basis by account
holder.
3.Direct Benefit Transfer
to women account
holder of PMJDY under
PMGKY.