- Banking Classification #4: Wholesale Bank (WLTF), Cooperative Banks, DCCB, PACS, NABARD, SIDBI, EXIM, NHB, DFI, SFI, IFCI, SIDC, SSIDC
- Banking Classification #5: Islamic Banking, Indigenous Bankers, MUDRA Bank and NBFCs, Account Aggregators, Fintech Companies
Prologue: from now on, all Powerpoint available at https://mrunal.org/powerpoint BUT in Mediafire folder, don't try to download all PPTs at once in zip file, else it'll give error in opening the powerpoints.
Banking Classification #4: Wholesale Bank (WLTF), Cooperative Banks, DCCB, PACS, NABARD, SIDBI, EXIM, NHB, DFI, SFI, IFCI, SIDC, SSIDC
- At present, neither the government nor the commercial banks are in position to drastically increase their finance to infrastructure projects, because of fiscal deficit and NPA problems respectively.
- Therefore, RBI has proposed to create a in new category of differential bank known as wholesale and long-term finance (WLTF) bank to accept large deposits and accept them in infrastructure and industrial projects.
- How are whole sale banks different from universal commercial banks, payment banks and small finance banks?
- How are Cooperative banks different from Commercial banks?
- Classification of cooperative banks in India. Problems of Rural and Urban cooperatives, budgetary provisions for setting up core banking solution (CBS) between village cooperatives and district cooperatives.
- What are Developmental financial institutions (DFI)? How are they different from commercial banks? The rise and end of DFI in India from: IFCI, SFI, NSIC, ICICI, IDBI, SIDC, SSIDC till Narsimhan-II Committee.
- All India financial institutions (AIFI): NABARD, SIDBI, EXIM and NHB: their ownership, functions and chronological order of establishment.
Youtube Link: https://youtu.be/XivIwxS5bSU
Banking Classification #5: Islamic Banking, Indigenous Bankers, MUDRA Bank and NBFCs, Account Aggregators, Fintech Companies
- in this lecture, we will continue forward with our classification of financial intermediaries, starting with “what primary dealers (PD) and who regulates them?”
- Define bank? What is an NBFC? What are the differences between them two?
- Classification of nonbanking financial companies based on their regulators:
- RBI control NBFCs: Asset Finance Company (AFC), Infrastructure Finance Company, Infrastructure Debt Fund (IDF), Investment Co., Core investment, Gold Loan companies, Factor Companies, Microfinance, Chit funds and residual NBFCs.
- What are NBFC Account Aggregators (AA) and peer-to-peer lending Fintech Firms?
- SEBI controlled NBFCs: Stock Broker, MF, Investment Banks: (US term), Merchant Banking Companies: (UK term), Venture Capital Fund
- NBFCs regulated by IRDA, PFRDA and National Housing Bank?
- What are NIDHI companies and Microfinance institutes?
- Micro Units Development & Refinance Agency Ltd. (MUDRA): origin, structure and functions. Why are MUDRA bank loans unattractive for NBFCs and MFIs?
- What are the principles of Islamic Banking? What is RBI’s stand about allowing their entry in India? How can they help Indian Economy? What is Shariah Equity Mutual fund?
- Unregulated Credit Agencies: Indigenous Banker, Moneylender, Financial Broker. Their salient features
- Answer to the persistent question in comments: When will the syllabus be over?
Youtube Link: https://youtu.be/7SFaHLd4DLs