The Reserve Bank of India, abbreviated as RBI, is India's central bank and regulatory body responsible for regulation of the Indian banking system. Owned by the Ministry of Finance, Government of India, it is responsible for the control, issue and maintaining supply of the Indian rupee. It also manages the country's main payment systems and works to promote its economic development. Bharatiya Reserve Bank Note Mudran (BRBNM) is a specialised division of RBI through which it prints and mints Indian currency notes (INR) in two of its currency printing presses located in Mysore and Salboni. The RBI, along with the Indian Banks' Association, established the National Payments Corporation of India to promote and regulate the payment and settlement systems in India. Deposit Insurance and Credit Guarantee Corporation was established by RBI as one of its specialized division for the purpose of providing insurance of deposits and guaranteeing of credit facilities to all Indian banks.
ICICI Bank Limited is an Indian multinational bank and financial services company headquartered in Mumbai with a registered office in Vadodara. It offers a wide range of banking and financial services for corporate and retail customers through various delivery channels and specialized subsidiaries in the areas of investment banking, life, non-life insurance, venture capital and asset management.
The IDBI Bank Limited is a Scheduled Commercial Bank under the ownership of Life Insurance Corporation of India (LIC) and Government of India. It was established by Government of India as a wholly owned subsidiary of Reserve Bank of India in 1964 as Industrial Development Bank of India, a Development Finance Institution, which provided financial services to industrial sector. In 2005, the institution was merged with its subsidiary commercial division, IDBI Bank, and was categorised as "Other Development Finance Institution" category. Later in March 2019, Government of India asked LIC to infuse capital in the bank due to high NPA and capital adequacy issues and also asked LIC to manage the bank to meet the regulatory norms. Consequent upon LIC acquiring 51% of the total paid-up equity share capital, the bank was categorised as a 'Private Sector Bank' for regulatory purposes by Reserve Bank of India with effect from 21 January 2019. IDBI was put under Prompt Corrective Action of the Reserve Bank of India and on 10 March 2021 IDBI came out of the same. At present direct and indirect shareholding of Government of India in IDBI Bank is approximately 95%, which Government of India (GoI) vide its communication F.No. 8/2/2019-BO-II dated 17 December 2019, has clarified and directed all Central/State Government departments to consider IDBI Bank for allocation of Government Business. Many national institutes find their roots in IDBI like SIDBI, EXIM, National Stock Exchange of India, SEBI, National Securities Depository Limited. Presently, IDBI Bank is one of the largest Commercial Banks in India.
Raghuram Govind Rajan is an Indian economist and the Katherine Dusak Miller Distinguished Service Professor of Finance at the University of Chicago's Booth School of Business. Between 2003 and 2006 he was Chief Economist and director of research at the International Monetary Fund. From September 2013 through September 2016 he was the 23rd Governor of the Reserve Bank of India. In 2015, during his tenure at the RBI, he became the Vice-Chairman of the Bank for International Settlements.
Mobile banking is a service provided by a bank or other financial institution that allows its customers to conduct financial transactions remotely using a mobile device such as a smartphone or tablet. Unlike the related internet banking it uses software, usually called an app, provided by the financial institution for the purpose. Mobile banking is usually available on a 24-hour basis. Some financial institutions have restrictions on which accounts may be accessed through mobile banking, as well as a limit on the amount that can be transacted. Mobile banking is dependent on the availability of an internet or data connection to the mobile device.
Ganpat University (GUNI) is a private university in Kherva, Mehsana in the state of Gujarat, India. It was established in 2005 through the State Legislative act no 19 of 2005, Government of Gujarat, and recognized by the UGC under the section 2(f) of the UGC Act, 1956 having campus spread over more than 300 acres of land and more than 10,000 students on campus.
Axis Bank Limited, formerly known as UTI Bank (1993–2007), is an Indian multinational banking and financial services company headquartered in Mumbai, Maharashtra. It is India's third largest private sector bank by assets and fourth largest by market capitalisation. It sells financial services to large and mid-size companies, SMEs and retail businesses.
Established in 1928 as a company under Section 26 of the Indian Companies Act, 1913, the Indian Institute of Banking & Finance (IIBF), formerly known as the Indian Institute of Bankers (IIB), is a professional body of Banks, Financial Institutions, and their employees in India.
Financial inclusion is the availability and equality of opportunities to access financial services. It refers to processes by which individuals and businesses can access appropriate, affordable, and timely financial products and services - which include banking, loan, equity, and insurance products. It provides paths to enhance inclusiveness in economic growth by enabling the unbanked population to access the means for savings, investment, and insurance towards improving household income and reducing income inequality
The National Institute of Bank Management (NIBM) is an autonomous institute located in Pune, India. It is an autonomous, apex institution for research, training, education and consultancy in bank management.
Structured Financial Messaging System (SFMS) is a secure messaging standard developed to serve as a platform for intra-bank and inter-bank applications. It is an Indian standard similar to SWIFT which is the international messaging system used for financial messaging globally.
Ukrainian Academy of Banking of the National Bank of Ukraine is a state-owned higher educational institution within the system of the National Bank of Ukraine of the IVth level of accreditation. It is located in the city of Sumy, in the north-eastern part of Ukraine.
A web application firewall (WAF) is a specific form of application firewall that filters, monitors, and blocks HTTP traffic to and from a web service. By inspecting HTTP traffic, it can prevent attacks exploiting a web application's known vulnerabilities, such as SQL injection, cross-site scripting (XSS), file inclusion, and improper system configuration. Most of the major financial institutions utilize WAFs to help in the mitigation of web application 'zero-day' vulnerabilities, as well as hard to patch bugs or weaknesses through custom attack signature strings.
Rama Subramaniam Gandhi was Deputy Governor of Reserve Bank of India from 2014 to 2017. Currently he is a freelance adviser and consultant in financial sector policy and regulation, payment systems, FinTech & currency management.
Bulusu Lakshmana Deekshatulu is an Indian academic who has made important contributions to Digital Image Processing and Control Theory. He is a Fellow of The World Academy of Sciences, Fellow of Indian National Science Academy, The National Academy of Sciences, India, Indian Academy of Sciences, Indian National Academy of Engineering, National Academy of Agricultural Sciences, and IEEE.
Fintech, a portmanteau of "financial technology", refers to the application of innovative technologies to products and services in the financial industry. This broad term encompasses a wide array of technological advancements in financial services, including mobile banking, online lending platforms, digital payment systems, robo-advisors, and blockchain-based applications such as cryptocurrencies. Fintech companies include both startups and established technology and financial firms that aim to improve, complement, or replace traditional financial services.
Positive Hack Days (PHDays) is an annual international cybersecurity forum. It has been held by Positive Technologies since 2011. PHDays brings together IT and infosec experts, government officials, business representatives, students, and schoolchildren. The forum hosts talks and workshops on the most interesting information security topics, The Standoff cyberexercises, practical competitions in which participants analyze the security of industrial control systems, banking and mobile services, and web apps.
Amitav Mallik is an Indian defence technologist and the founder director of the Laser Science and Technology Center, Defence Research and Development Organization (DRDO), India, known for his expertise in the defence system design and development. He is an advisor to the National Security Advisory Board of India and a former advisor of Defence Technology at the Embassy of India in Washington DC. Author of a book on defence technology, Technology and Security in the 21st Century: A Demand-side Perspective, and more than 50 technical papers and over 100 classified analysis documents on defence technology, Mallik was honored by the Government of India, in 2002, with the fourth highest Indian civilian award, the Padma Shri.
The International Institute of Green Finance (IIGF) is a Chinese university-based research institute focused on the green economy that is part of the Central University of Finance and Economics (CUFE).
IDFC FIRST Bank is an Indian private sector bank formed by the merger of the banking arm of Infrastructure Development Finance Company and Capital First, an Indian non-bank financial institution.
