This document provides an outline of topics related to payment banks in India. It defines payment banks as stripped-down commercial banks that aim to reach customers through mobile phones rather than branches. The key objectives of payment banks are to increase financial inclusion for underbanked groups. Payment banks can accept deposits up to 1 lakh rupees per customer, issue debit cards, and charge fees for services, but cannot engage in lending. Major players setting up payment banks in India include Airtel and Paytm.
Banking history types services Revolution by bhushankBhushan Kasture
All the slides are talking about the history, revolution of banking, types of banks and services provided by them with general knowledge about finance. "Share The Knowledge"
The Indian post payment was setuped in 30 Jan 2016
Headquarter is situated in new Delhi
There was a plan to setup around 650 post payments bank branches
Bank Of Baroda , Third largest Public Sector bank in India,
after State Bank of India and Punjab National Bank
Founded in 1908
Headquartered at Baroda
It has total of 3159 branches including 70 overseas
Has a total staff of 38063
CMD of BOB is M.D.Mallaya
I Tried to give a detail on this ppt which will make u clear all about SBI. Many things i mentioned like the competitors ... its ATM ... do have a look and download if u need it
It's a current buzz in the banking sectors that the company like Reliance, Airtel , Aditya Birla & many more are going to make their banks soon........
The Report is based on the analysis of Foreign Exchange Operations AT DCB Bank. It involves the complete transaction process of Inward and Outward Remittance. The Documentation required for this purpose. These transactions are mainly involved for the individuals who are in the Export and Import Business.
CHAPTER:-1
INTRODUCTION OF THE STUDY
The report contains the brief description of the state bank of India. It contains the finding and analysis of the survey conducted to gather primary data to judge the importance of various attributes that influence the satisfaction of customer in different manner and to the different extent. These attributes are classified as initial experience, service delivery experience, relationship experience and grievance handling. Further an attempt has been made to know the overall satisfaction of the customer.
Customer satisfaction, a term frequently used in marketing, is a measure of how products and services supplied by a company meet or surpass customer expectation. Customer satisfaction is defined as "the number of customers, or percentage of total customers, whose reported experience with a firm, its products, or its services (ratings) exceeds specified satisfaction goals. Customer service proves to be one of the most important factors governing business.
OBJECTIVE OF THE STUDY:-
• TO find out the customer feedback i.e. improvement required or suggestion.
• To find out the relationship between bank and the customer.
• To study the Satisfaction of customers towards the ― state bank of India.
• To Identify the factors that influences the customer behavior of ―state bank of India.
• To identify the factors those influence the selection of SBI banking services in MUMBAI DISTRICT.
SCOPE OF THE STUDY:-
The present study was undertaken to know the preference of the customer towards state bank of India (SBI). The problem of the customer is they are not aware of the services provided by their bank. The study also force on the customer perception that how the banking services can be improved. In my study I have used both primary sources of data as well as secondary sources of data.
• The study has been conducted on behalf of ―STATE BANK OF INDIA.
• The study is confined to the Mumbai region.
• The study covers the service providers and users of ―STATE BANK OF INDIA.
• The study has put forward the Customers as well as acceptability behavior for the services.
• The scope of the study is to find out the ―Customer Satisfaction
Limitations of the Study:-
The study report consists of few limitations:-
• The report has been conducted within a limited time frame.
• The study is self financed.
• The study is limited to the customer of Mumbai only.
• Only selected Branches and Banks have been considered for the study.
• Samples were selected conveniently.
• The sample size does not represent the total population.
• The sample of size is limited to 30 only and the sample size may not represent whole market.
LITERATURE REVIEW:-
This presentation have the detailed analysis of the Indian banking sector, how it has evolved and reformes that have come gradually.It also has a classic case of merger of ICICI bank with BOM.
Payments banks is a new model of banks conceptualized by the Reserve Bank of India (RBI) . These banks cannot issue loans and credit cards. Both current account and savings accounts can be operated by such banks.
Payments banks can issue services like ATM cards, debit cards, net-banking and mobile-banking.
These banks will aim at providing high volume-low value transactions in deposits and Payments / remittance services in a secured technology-enabled environment.
For quick service click: https://enterslice.com/payments-banks-license
GET FREE CONSULTANCY
Helpline: +91 9069142028
Email: info@enterslice.com
Website: www.enterslice.com
Banking history types services Revolution by bhushankBhushan Kasture
All the slides are talking about the history, revolution of banking, types of banks and services provided by them with general knowledge about finance. "Share The Knowledge"
The Indian post payment was setuped in 30 Jan 2016
Headquarter is situated in new Delhi
There was a plan to setup around 650 post payments bank branches
Bank Of Baroda , Third largest Public Sector bank in India,
after State Bank of India and Punjab National Bank
Founded in 1908
Headquartered at Baroda
It has total of 3159 branches including 70 overseas
Has a total staff of 38063
CMD of BOB is M.D.Mallaya
I Tried to give a detail on this ppt which will make u clear all about SBI. Many things i mentioned like the competitors ... its ATM ... do have a look and download if u need it
It's a current buzz in the banking sectors that the company like Reliance, Airtel , Aditya Birla & many more are going to make their banks soon........
The Report is based on the analysis of Foreign Exchange Operations AT DCB Bank. It involves the complete transaction process of Inward and Outward Remittance. The Documentation required for this purpose. These transactions are mainly involved for the individuals who are in the Export and Import Business.
CHAPTER:-1
INTRODUCTION OF THE STUDY
The report contains the brief description of the state bank of India. It contains the finding and analysis of the survey conducted to gather primary data to judge the importance of various attributes that influence the satisfaction of customer in different manner and to the different extent. These attributes are classified as initial experience, service delivery experience, relationship experience and grievance handling. Further an attempt has been made to know the overall satisfaction of the customer.
Customer satisfaction, a term frequently used in marketing, is a measure of how products and services supplied by a company meet or surpass customer expectation. Customer satisfaction is defined as "the number of customers, or percentage of total customers, whose reported experience with a firm, its products, or its services (ratings) exceeds specified satisfaction goals. Customer service proves to be one of the most important factors governing business.
OBJECTIVE OF THE STUDY:-
• TO find out the customer feedback i.e. improvement required or suggestion.
• To find out the relationship between bank and the customer.
• To study the Satisfaction of customers towards the ― state bank of India.
• To Identify the factors that influences the customer behavior of ―state bank of India.
• To identify the factors those influence the selection of SBI banking services in MUMBAI DISTRICT.
SCOPE OF THE STUDY:-
The present study was undertaken to know the preference of the customer towards state bank of India (SBI). The problem of the customer is they are not aware of the services provided by their bank. The study also force on the customer perception that how the banking services can be improved. In my study I have used both primary sources of data as well as secondary sources of data.
• The study has been conducted on behalf of ―STATE BANK OF INDIA.
• The study is confined to the Mumbai region.
• The study covers the service providers and users of ―STATE BANK OF INDIA.
• The study has put forward the Customers as well as acceptability behavior for the services.
• The scope of the study is to find out the ―Customer Satisfaction
Limitations of the Study:-
The study report consists of few limitations:-
• The report has been conducted within a limited time frame.
• The study is self financed.
• The study is limited to the customer of Mumbai only.
• Only selected Branches and Banks have been considered for the study.
• Samples were selected conveniently.
• The sample size does not represent the total population.
• The sample of size is limited to 30 only and the sample size may not represent whole market.
LITERATURE REVIEW:-
This presentation have the detailed analysis of the Indian banking sector, how it has evolved and reformes that have come gradually.It also has a classic case of merger of ICICI bank with BOM.
Payments banks is a new model of banks conceptualized by the Reserve Bank of India (RBI) . These banks cannot issue loans and credit cards. Both current account and savings accounts can be operated by such banks.
Payments banks can issue services like ATM cards, debit cards, net-banking and mobile-banking.
These banks will aim at providing high volume-low value transactions in deposits and Payments / remittance services in a secured technology-enabled environment.
For quick service click: https://enterslice.com/payments-banks-license
GET FREE CONSULTANCY
Helpline: +91 9069142028
Email: info@enterslice.com
Website: www.enterslice.com
Role of New Payment banks and Small banks - Part - 6Resurgent India
RBI as a part of its push for financial inclusion, recently granted ‘in-principle’ licenses for 11 payment banks and 10 small finance banks. Apart from this, the two new universal banks- Bandhan Bank Ltd and IDFC Bank Ltd which were awarded banking licenses by the RBI recently have already begun commercial operations.
The Reserve Bank of India has proposed major reforms in banking sector with issue of guidelines for setting up “Small and Payment Banks” which will cater to marginalized sections of the Society, including migrant laborers, for collecting deposits and remitting funds.
These banks will provide a whole suite of basic banking products such as deposits and supply of credit, but in a limited area of operation. The payments banks will offer a limited range of products such as acceptance of demand deposits and remittances of funds. They will have a widespread network of access points particularly in remote areas, either through their own branch network or through Business Correspondents (BCs)/agents or through networks provided by others.
A Strategic Approach: GenAI in EducationPeter Windle
Artificial Intelligence (AI) technologies such as Generative AI, Image Generators and Large Language Models have had a dramatic impact on teaching, learning and assessment over the past 18 months. The most immediate threat AI posed was to Academic Integrity with Higher Education Institutes (HEIs) focusing their efforts on combating the use of GenAI in assessment. Guidelines were developed for staff and students, policies put in place too. Innovative educators have forged paths in the use of Generative AI for teaching, learning and assessments leading to pockets of transformation springing up across HEIs, often with little or no top-down guidance, support or direction.
This Gasta posits a strategic approach to integrating AI into HEIs to prepare staff, students and the curriculum for an evolving world and workplace. We will highlight the advantages of working with these technologies beyond the realm of teaching, learning and assessment by considering prompt engineering skills, industry impact, curriculum changes, and the need for staff upskilling. In contrast, not engaging strategically with Generative AI poses risks, including falling behind peers, missed opportunities and failing to ensure our graduates remain employable. The rapid evolution of AI technologies necessitates a proactive and strategic approach if we are to remain relevant.
Palestine last event orientationfvgnh .pptxRaedMohamed3
An EFL lesson about the current events in Palestine. It is intended to be for intermediate students who wish to increase their listening skills through a short lesson in power point.
2024.06.01 Introducing a competency framework for languag learning materials ...Sandy Millin
http://sandymillin.wordpress.com/iateflwebinar2024
Published classroom materials form the basis of syllabuses, drive teacher professional development, and have a potentially huge influence on learners, teachers and education systems. All teachers also create their own materials, whether a few sentences on a blackboard, a highly-structured fully-realised online course, or anything in between. Despite this, the knowledge and skills needed to create effective language learning materials are rarely part of teacher training, and are mostly learnt by trial and error.
Knowledge and skills frameworks, generally called competency frameworks, for ELT teachers, trainers and managers have existed for a few years now. However, until I created one for my MA dissertation, there wasn’t one drawing together what we need to know and do to be able to effectively produce language learning materials.
This webinar will introduce you to my framework, highlighting the key competencies I identified from my research. It will also show how anybody involved in language teaching (any language, not just English!), teacher training, managing schools or developing language learning materials can benefit from using the framework.
Francesca Gottschalk - How can education support child empowerment.pptxEduSkills OECD
Francesca Gottschalk from the OECD’s Centre for Educational Research and Innovation presents at the Ask an Expert Webinar: How can education support child empowerment?
How to Make a Field invisible in Odoo 17Celine George
It is possible to hide or invisible some fields in odoo. Commonly using “invisible” attribute in the field definition to invisible the fields. This slide will show how to make a field invisible in odoo 17.
Unit 8 - Information and Communication Technology (Paper I).pdfThiyagu K
This slides describes the basic concepts of ICT, basics of Email, Emerging Technology and Digital Initiatives in Education. This presentations aligns with the UGC Paper I syllabus.
Macroeconomics- Movie Location
This will be used as part of your Personal Professional Portfolio once graded.
Objective:
Prepare a presentation or a paper using research, basic comparative analysis, data organization and application of economic information. You will make an informed assessment of an economic climate outside of the United States to accomplish an entertainment industry objective.
Introduction to AI for Nonprofits with Tapp NetworkTechSoup
Dive into the world of AI! Experts Jon Hill and Tareq Monaur will guide you through AI's role in enhancing nonprofit websites and basic marketing strategies, making it easy to understand and apply.
2. TOPIC OUTLINE
WHAT IS PAYMENT BANKS?
OBJECTIVES OF PAYMENT BANKS
FEATURES OF PAYMENT BANKS
HOW CAN PAYMENT BANKS EARN?
BIRTH CONCEPT
WHAT PAYMENT BANKS CAN &CAN’T DO
CHALLENGES FACED BY PAYMENTS
BANKS
PLAYERS OF PAYMENT BANKS
SMALL FINANCE BANKS
COMPARISON OF PAYMENT BANKS &
SMALL BANKS
AIRTEL PAYMENT BANK & FEATURES
SERVICES
CONCLUSION
3. WHAT IS A
PAYMENT
BANK
Payments Banks are stripped-
down type of Commercial Banks,
which are expected to reach
customers mainly through their
mobile phones rather than
traditional bank branches.
They are allowed to undertake
only certain restricted banking
functions that the Banking
regulation Act of 1949 allows.
4. RBI in its guidelines states that the objective of
setting up payments banks is to increase financial
inclusion of the underbanked by providing:
Small Saving Account
Payment/Remittance Services
To the migrant labour workforce, low income
households, small businesses, other unorganized
sector entities and other users.
OBJECTIVES OF SETTING UP
PAYMENTS BANKS
5. FEATURES OF PAYMENTS BANKS
Payments banks can accept deposits from public
with a ceiling limit of INR 1 lakh per customer.
The initial capital requirement for a payments bank
is INR 100 Crores.
Payment banks will pay interest on the deposits
made by customers.
Payment banks can issue debit cards but not credit
cards.
Payment banks cannot engage in lending services.
6. Deposits of up to INR 1 lakh are insured by the DICGC,
just like those in bank accounts offered by conventional
commercial banks.
Payment banks cannot involve in any credit risk and
can only invest in government securities of less than 1
year or T-Bills.
Payment Banks are allowed to charge fees for the
services they provide to customers.
Payment Banks also need to maintain the cash
reserve ratio just like other conventional commercial
banks.
CONTD.
7. HOW CAN
PAYMENT
BANKS EARN?
• Payment Banks need to deposite 75%
in SLR & remaining 25% deposited
with other commercial Banks.
INTEREST
INCOME
• Payment Banks are not allowed to
lend, they can aid other financial
institution like Commercial banks &
micro finance institution in
analyzing the loan applications
received by them.
CREATE
LARGE-SCALE
ACCESS TO
CREDIT
• They can cross-sell to their
customers & create a marketplace
for financial services.
MARKETING
FOR
FINANCIAL
SERVICES
FEES
• The fees it charge their customers for
providing services like money transfer &
cash withdrawals.
8. BIRTH CONCEPT
OF PAYMENT
BANK
The Payment
Bank came into
existance as a
result of
NACHIKET MOR
Committee.
Officially known
as “Committee on
Comprehensive
Financial Services
for Small Business
and Low Income
Households”
Formed by the
RBI Governor
Raghuram Rajan
on 23rd sep-2013.
The committee
had submitted its
report in January
2014 and had
recommended,
among other
things, setting up
of the Small
banks and
Payment banks.
9. WHAT PAYMENT
BANKS CAN DO &
CAN’T DO
Do’s
Accept demand deposits
up to INR 1 lakh
sells Mutual funds,
Insurance & Pension funds
Use debit cards & also
Internet banking facilities
Accept remittances to be
sent to or receive
remittances from multiple
banks
Lend Loans
Accept NRI deposits
Set up Subsidiary NBFCs
Issue credit cards
Offer other financial or
non-financial services of
promoters
Don’ts
12. SMALL FINANCE BANKS
Small Finance Banks a type of niche banks.
The main purpose of the establishment of small finance banks is to
provide. Financial inclusion to the section of the economy such as small
business units, marginal farmers, micro & medium industries and
businesses operating in the unorganized sector.
Small finance banks need to have a minimum capital of INR 100 Crore.
Small finance banks can accept deposits and gives loans subject to
certain norms.
Sell forex to customers.
Sell mutual funds, insurance and pensions.
Can convert into a full-fledged bank.
13. COMPARISION OF PAYMENT BANKS AND
SMALL FINANCE BANKS
SMALL FINANCE BANKSPAYMENT BANKS
Eligible Promoters
OBJECTIVES
Provide small savings accounts and
payments /remittance services to migrant
labour workforce and low-income
households
Financial inclusion and supply of credit to
small business units and farmers through
high-technology and low-cost operations
Individuals or professionals with
necessary experience and eligibility,
existing NBFCs, corporate banking
correspondents, mobile companies,
supermarket chains, real estate co-ops
and corporate entities
Resident individuals or professionals with 10
years of experience in banking and finance,
companies and societies owned and controlled
by residents, existing NBFCs, microfinance
institutions and local area banks owned and
controlled by residents
14. Scope of Activities
Accept deposits but customer balance
should not exceed Rs.1 Lakh
Basic services of accepting deposits and
lending
Cannot give loans, can issue ATM/Debit
card but no credit cards
No restriction on the area of operations
Can distribute non-risk simple financial
products such as mutual funds and
insurance products
At least 50% of its loan portfolio should
constitute loans and advances of up to
Rs.25 Lakh
Capital Requirement and Promoter’s contribution
NRIs will not be allowed to open accounts
Minimum paid-up equity capital of Rs.100 Crore/initially 40%, to be gradually brought
down to 26% within 12 years from date of commencement
CONT..
15. A Payments Bank is a differentiated bank that provides essential financial
services to its customers and is a giant leap towards making financial inclusion a
reality for every Indian.
Bharti Airtel Limited saw this as an opportunity to provide banking in its smartest
and simplest way with its subsidiary Airtel Payments Bank Limited (erstwhile
Airtel M-Commerce Services Limited and popularly known as AMSL).
Airtel Payments Bank is the first entity to get the final licence from Reserve
Bank of India for launching a Payments Bank.
AIRTEL PAYMENT BANK
Type - Public Company
Industry – Financial Services
Founded – 11 April, 2016
Headquarters – New Delhi India
Key People –MD & CEO – Shashi Arora
Parent – Bharti Airtel Limited
17. SERVICES OF AIRTEL PAYMENT
BANK
Digital Banking: Quick and paperless account opening
using Aadhaar based e-KYC. This requires no documents at
all, only the customer’s Aadhaar number is needed.
Customer’s Airtel mobile number will be his/her bank
account number.
Interest rate of 7.25 % p.a. on deposits in savings
accounts, the highest in India.
Money transfer to any bank account in India (Free money
transfer from Airtel to Airtel numbers within Airtel
Payments Bank).
Personal Accidental Insurance of Rs. 1 Lac with every
Savings Account.
Easy deposit and withdrawal facility across a wide
network of Airtel retail outlets.
18. Individuals can use the payment bank account to make daily or monthly cash
transactions, either through debit card or through mobile.
Since there is no restriction on the income levels of those who wish to open
accounts in payment banks, those who have salary accounts in regular bank
accounts can also open an account in a payment bank.
CONCLUSION
While a full-fledged commercial bank offers all charge fees and also have
stringent Know Your Customer (KYC) norms. In a payment bank, KYC these
services, they norms may be simplified and charges may be lower. Payments
banks will target the non-banking population. So, they might have linient KYC
norms.
Payment banks may also offer a higher rate of interest on savings bank
accounts, in order to attract customers.
Messaging and social technology service provider Hike has
partnered with Airtel Payments Bank to power its mobile wallet.