EFFECTS OF DEMONETIZATION ON THE FINANCIAL SECTORs OF INDIA

By The Editorial Board of TJEF (Anil Shankar, Gandhali Inamdar and Isha Varma) Introduction Demonetization has been the buzz word since November 8th 2016 when our Prime Minister made the historic announcement about the decision to discontinue the 500 and 1000 rupee notes. This historic decision has affected almost all the sectors. Some have benefited while […]

Budget Impact Analysis – Banking & Financial Sector

By Payal Sachdeva and Tuhina Kumar Expectations Increase in tax concessions on bad loan provisioning as the Asset Quality Review by RBI has led to a steep increase in provisioning. The total requirement of capital infusion by banks till march 2019, as gauged in 2015, is 1,80,000 crores out of which the government has committed to allocate […]

Impact of Blockchain Technology on Banking Sector

By Aditya Alamuri & Mounika Duvva  What is Blockchain? A blockchain is a chronological and logical sequence of transactions that are recorded in blocks. A block is a sum of all recent transactions and once completed, the block gets added to blockchain in a permanent database. They behave like bank account statements of an individual. Therefore, […]