Author(s): K. NageswaraRao

Abstract: Policy makers in India are consistently pursuing the path of liberalisation, globalisation and privatisation in all spheres of the economy, including in finance and banking. Perhaps this crisis will precipitate in NBFC and mutual funds and possibly the entire financial sector may have to pass through rough weather once again. Presently world is moving in coordinated economic system and recession of one country impact economic growth of other countries. If, US or European Union (EU) goes into recession; Asian economies will feel the heat and will be the biggest victim. Normally recession is a temporary collapse of a business activity and can be controlled methodically at its early stage. Keywords:recession,globalisation,privatisation

Author(s): Kalayanam Satyanarayana

Abstract: The Non-Performing Advances hit banks in several ways. Not only banks lose income on these advances, but they have also to incur heavy recurring expenditure to maintain them in their books. Banks have to ensure adequate capital, maintain reserve requirements, pay interest on deposits, incur legal and other miscellaneous expenses, make provisions on loan losses and above all maintain an image as if nothing has gone wrong with their inherent strengths. The impact of NPAs results in lower interest rates to depositors, higher intermediation cost, higher rates of interest to borrowers, higher rates of service charges to all customer, more provisions towards loan losses, more capital contribution and less return to share holders by way of dividend.

Author(s): T.V.Ramana

Abstract: Information Technology has provided banking industry with the power to deal with the challenges of the new economy. By adopting digitization, banks are now providing better customer services. This provides convenience to custom helps save time.Today, people have access to banks 24 hours due to online banking. Managing large amounts of cash has also become easier. Banks have benefitted in several ways by adopting newer technologies. E-banking has resulted in reducing costs drastically and has helped generate revenue through various channels.Immediately after the demonetization announcement, the availability of bank accounts with most of the households, thanks to the PMJDY scheme, made it possible for the public to deposit their SDN currency notes into their accounts. Subsequently, in the context of shortage of new currency notes, public were able to make digital transactions through these accounts using IMPS, UPI, BHIM, POS, e-commerce pre-paid instruments, etc.The present paper analyses various methods of digitalization of banking.

Author(s): K V Ramana Murthy andRamakrishna Dasiga

Abstract: India, A pioneer in secured banking system under the regulatory body of RBI; the technology, customer orientation and usage through m-banking, internet banking and ATMs has a shift of modern banking system; the global bankers’ role increased an attention of corporate and tech-fin customer’s, leads innovations in banking sector. RBI also gives priority for touch of creativity, secured peer-to-peer transactions, and the new monetary policy about an important for innovations in banking. New transformations, robo advisors and open APIs to block chain technology, Big data analytics and Peer-to-peer lending are exploring new technologies and business models that can help them compete in the digital age of banking. These transformations and changes can include modernized technology, risk management, risk transfer, credit and equity generation, as well as many other innovations. Recent financial innovations have included crowd funding, mobile banking technology, and remittance technology.

Author(s): Kusuma Satyanarayana

Abstract: The Indian banking industry is now running in a dynamic challenge concerning both customer base and performance. Customer satisfaction, customer retention, customer loyalty and delight are now the major challenges in interest the banking sector. Services play a major role in getting customer satisfaction and creating brand loyalty in banking sector. Most of the literature reviews referred in the paper reveals that as compared to private and public sector banks are customers’ level of satisfaction is comparatively more in India. Commercial transactions have increased in content and quantity from simple banker to speculative international trading. Hence the need arose for a third party who will assist smooth banding of transaction, mediate between the seller and buyer, hold custody of money and goods, remit funds and also to collect proceeds.

Author(s): M.Bala Swamy

Abstract: There has been a considerable discrepancy in the performance of the numerous banking institutions in the country as also between the public, along with private foreign banks operating in India. The facts put out through the RBI proposes that banking action in the country sustained unabated throughout the main phase of recession, thanks to the superior than predictable performance of public area banks. This was while the properties and liabilities of both foreign plus private sector banks immersed during the equivalent period last year

Author(s): B. Ratna Raju

Abstract: Today the banking industry is stronger and capable of withstanding the pressures of competition. While internationally accepted prudential norms have been adopted, with higher disclosures and transparency, Indian banking industry is gradually moving towards adopting the best practices in accounting, corporate governance and risk management. Today, we are having a fairly well developed banking system with different classes of banks – public sector banks, foreign banks, private sector banks – both old and new generation, regional rural banks and co-operative banks with the Reserve Bank of India as the fountain Head of the system. During the last 41 years since 1969, tremendous changes have taken place in the banking industry. The history of Indian banking can be divided into three main phases.

Author(s): M.V.L. Bhanu Murthy

Abstract: The main objective of this paper is to understand the concepts, Regime and structure of Goods and Services Tax The GST is one of the biggest tax reforms in India in the post GST implementation era, the tax terrorism, extremism in J&K, merging indirect taxes into one tax for one nation and black money menace have controlled significantly in future it is likely to create more employment opportunities by giving boost to make in India, start-up India and MSME sectors. The GST model would be implemented in to statues (one for CGST and SGST for every state). The GST is to simplify the Tax Administration and minimizing tax rate slab and also to prevent un-healthy competitions in not only manufacturing sector but also in a better way in services sector. The present paper highlights the impact of GST on selected services sectors like travel and tourism, transport, insurance, hospitality and entertainment sectors.

Author(s): D.V.Rao

Abstract: The main aim of the government is to develop a digitally powerful economy, Faceless, Paperless, and Cashless as part of the Digital India campaign. Digital payments are of different types and modes. Hence, digital payment methods are often easy to make, comfortable, and allow flexibility from anywhere for customers to pay. Because of demonetization, people gradually began to accept digital payments, and even smaller businesses holders and shopkeepers began to accept digital payments. The digital revolution promises extraordinary gains in the productivity of the banking industry; dramatic improvements in the quality of customer experience; and a fundamental shift in the nature and intensity of competition.

Author(s): Dunna Satyanarayana

Abstract: In India, it is the real economy that got impacted first - on account of exports and the evaporating of overseas finance for many firms. Banks are affected indirectly by the slowing down of the economy. The direct impact of the crisis on the Indian banking system has been small because Indian banks do not have big exposures to the subprime market. Indian banks are well placed to weather this impact. This is not a contrarian view. The RBI itself exudes optimism about the outlook for Indian banking in its latest Report on Trend and Progress in Banking

Author(s): D.M.Neeraja and G. Indira Kumari

Abstract: In this paper an attempt has been niade to highlight the impact of the increasing trend of online shopping over the various fixed shop retailers: Retailers comprise of a large section of the population and a larger population is dependent upon these retailers. But the advent of e-stores with their attractive incentives and wide varieti has stppedon their face the fear of uncertainty and helplessness. This paper looks into the various advantages of e-commerce over traditional business and various recovery machanisms they are coming up with to counter those e-stores in their race of survival.

Author(s): J. Vijaya Kumar and A.V.N.A.V.Prasad

Abstract: The banks have shed their traditional functions and have been innovating, improving and coming out with new types of the services to cater to the emerging needs of their customers. Massive branch expansion in the rural and underdeveloped areas, mobilization of savings and diversification of credit facilities to the either to neglected areas like small scale industrial sector, agricultural and other preferred areas like export sector etc. have resulted in the widening and deepening of the financial infrastructure and transferred the fundamental character of class banking into mass banking.

Author(s): K. NageswaraRao andG. Lavanya

Abstract: This paper is dealing with the aftermath effect of merger of ten public sector banks (PSBs) in to four entities, which will have bearing on the entire financial sector. The merger of banks was announced under the Bank Consolidation plan among other major initiatives and steps to accelerate the economic growth of India. The new scheme was being rolled out for “making the path clear to reach the $5 trillion economy” mark in next five years The announcement on bank mergers is a cohesive and a clear recognition that bigger banks have that much more ability to absorb shocks, reap economies of scale as well as the capacity to raise resources without depending unduly on the exchequer.

Author(s): K. AmareswaraRao

Abstract: The process of credit supply enables the Government to implement various schemes of development. The banks also help the planning commission to achieve targets through their co-ordination in working with the Commission. By providing credit to the needy in the country-side, they help the balancing of the economic development, and thereby, decentralize it, their working also indirectly helps the Government to solve many problems like shortage of savings, rising prices, unemployment, unbalanced development, lack of entrepreneurship etc. They also help Government in reducing the social cost of supplying currency to the public.

Author(s): C.R.Jampa and Padala. Madhu,

Abstract: The Paper is an attempt to throw light on factors influencing women entrepreneurship development in Andhra Pradesh. A sample of 400 respondents was selected randomly out of total women entrepreneur in the villages of district Visakhapatnam of Andhrapradesh. The study is purely based on primary data and revealed that 55.2 percent respondents are aged between 31-45 years that indicates that they are young and energetic in nature: Majority i.e., 68.2 percent of the women entrepreneurs in the state of Andhra Pradesh is involved in servicing activities. The facilitating services that influenced them to start entrepreneurial enterprise were ranked second, followed by the ambition and compelling reasons.

Author(s): Ch. Vishnu Murthy andMuralidhar Dunna

Abstract: There has been considerable innovation and diversification in the business of major commercial banks. Some of them have engaged in the areas of consumer credit, credit cards, merchant banking, leasing, mutual funds etc. A few banks have already set up subsidiaries for merchant banking, leasing and mutual funds and many more are in the process of doing so. Some banks have commenced factoring business. The present paper studies the recent trends in banking system in India and also impact of these on Indian economy.

Author(s): I. Sai Prasad

Abstract: In financial sector the banking industry is the largest player and the banking sector plays a vital role in the development of one country’s economy of an individual as well as a nation. Nowadays banking sector acts as a backbone of Indian economy. Banks have control over a large part of the supply of money in circulation. Today the banking industry is stronger and capable of withstanding the pressures of competition. The growing modern trends of banking services are found significant after the new economic reforms in India. The banks have shed their traditional functions and have been innovating, improving and coming out with new types of the services to cater to the emerging needs of their customers. It also reflects the various reforms were caused to improve their services to satisfy the customers. The paper attempts to present the emerging trends and its challenges that recently emerged in the banking sector with special emphasis on digitalization

Author(s): Katam Prabhakara rao andN.E.Sugandhi

Abstract: The proposed GST structure is likely to succeed only if the country has a strong IT network. It is a well-known fact that India is still in the budding state as far as internet connectivity is concerned. Moreover, the proposed regime seems to ignore the emerging sector of e-commerce. E- Commerce does not leave signs of the transaction outside the internet and has anonymity associated with it. As a result, it becomes almost impossible to track the business transaction taking place through Internet which can be business to business, business to customer or customer to customer. The proposed GST regime is a half-hearted attempt to rationalize indirect tax structure.

Author(s): P.V.V. Satyanarayana andG.V.D.N. Prasada Rao

Abstract: Many of the MFIs downsized the work force and also either closed down and/or merged branches to reduce the cost of operation. For example, PWMACS reduce the staff strength to one third of the original strength and has merged their branches to have only four branches post crisis. Similarly CRESA staff strength got reduced to 42 from 206 and the MFIs closed 12 branches besides slashing the staff salaries by 25 per cent for all employees. Another example is Saadhana where the staff strength has been reduced to 19 now from 258 earlier. The financing banks, besides stopping the credit support, initiated legal action against MFIs for recovery of loans.

Author(s): P. Lakshmi Narayana and M. Venkateswara Rao

Abstract: As per the NAFIS Report 2016-17, the average loan taken by agricultural households indicated that 72 per cent of the credit requirement was met through institutional sources and 28 per cent from non-institutional sources. Further, in the absence of a proper legal framework and lack of records relating to their agricultural activity, tenant farmers/ share croppers/ oral lessees/ landless labourers face difficulty in accessing institutional credit. As per PSA Annual return (2015-16), only 41 per cent of small and marginal farmers could be covered by public and private sector banks. Besides these problems and challenges of accessibility in credit, the share of credit to allied activities i.e., livestock, forestry and fisheries was sub-optimal compared to its contribution to agricultural output.

Author(s): K.Sreelekha & C.S.N.Pranavi

Abstract: Mobile banking does not handle transactions involving cash, and a customer needs to visit an ATM or bank branch for cash withdrawals or deposits. Many apps now have a remote deposit option; using the device's camera to digitally transmit cheques to their financial institution. Various companies have developed various applications which are user friendly like PAYTM, Phone Pe, and G-Pay which facilitate customer to link their bank accounts without much effort only by using their registered phone numbers. All these applications have become part of our day to day lives, every small transaction we do is based on these apps making our lives easier by reducing our burden in our day to day life. No matter how many benefits this technology may provide us but too much of anything is also dangerous.

Author(s): C. Sree Naga Pranavi and T. Naga Malleswari

Abstract: Education is globally recognised as the basic human rights. Particularly, in the context of globalisation, universalization of education had become an international policy. In India, even though both primary and secondary educations are prioritised in budgetary allocation, higher education is the worst affected sector, particularly with the dwindling of budgetary allocation. With the high cost of education and the need of education loan, it is necessary to evaluate the bank-wise performance of public sector banks versus private sector banks providing education loan in India. The bank-wise distribution of education loan were analysed by collecting secondary data from the various annual reports of ministry of finance and various banks.

Author(s): Ch. Rmakrishna

Abstract: The role of the service sector in Indian economic development has increased by several notches from the fact that service sector which was contributing only 20% during the time of independence, now it is contributing over 50% GDP of India. Banking industry in India is facing unprecedented competition from non – traditional banking institutions, which now offer banking and financial services over the internet. The deregulation of the banking industry coupled with the emergence of new technologies, are enabling new competitor to enter the financial services market quickly.

Author(s): T.Naga Malleswari and K.Sreelekha

Abstract: In our today’s day to day life activities one of the most necessary things is money. We might hear many quotes and philosophy stating that money is not important but if you need anything in life major role is played by money. A decade earlier whenever we are in need of money we used approach a bank in which we are having a savings account, fill a form, stand in a queue, take a token and wait for your token number and collect your money. As we all can see from the last decade the role played by money in our lives has increased tremendously and such change demanded a better mannered system where the people’s need of money can be addressed more effectively and efficiently. To achieve such success the system of “debit cards and credit card” has been introduced by various banks in India. ATM cards have become more common in these days than they were a decade ago making people’s life easier. Though this technology makes our life easier at the same time it gives you certain disadvantages.

Author(s): G.S.R.S.G NookaRaju and Sk.Rehnuma

Abstract: Every organisation should have a integrated view encompassing production, Marketing and service. The concept CRM is developed as a way to collect and manage customer service and sales information so the business would have more comprehensive view of their customer contact. CRM system provides unique opportunity with tremendous capabilities for Sales Management, Sales Forecasting, customer order processing and complaint handling supported by automated data base and user friendly solutions of Information Technology. The Insurance Regulatory Development Authority bill passed in the Lok Sabha in December, 1999 provides entry to the large number of players, addition of new distribution channels, modern technology and above all competition

Author(s): Gudivada Usharani

Abstract: Make in India is an international marketing campaigning slogan coined by the Prime Minister of India, on September 25, 2014 to attract business from around the world to invest and manufacture in India. India is one of the world’s fastest growing economies. India has been recording sustained trade deficits since 1980 mainely due to high growth of imports, particularly of crude oil, Silver and gold. Make in India has identified 25 sectors to promote with the detailed information being shared through an interactive web portal. The Government has allowed 100% foreign Direct Investment (FDI) in Railway and has removed restriction in Construction. This is not the first time India is focusing on its manufacturing sector. In 2006, the UPA government put out a national strategy for manufacturing. It even dubbed 2006-15 as the “decade of manufacturing in India: The main objective of this paper is to amalyse the Make in India and its inclusive Growth. Keywords: Make in India, inclusive Growth, manufacture

Author(s): V.Ramesh Krishna and R. Venkateswarlu

Abstract: The study aims at understanding the development of women entrepreneurship in India and their success and challenges. In view of the above conditions of women in India there is a strong need to analyze the financial inclusion for women and it needs a comprehensive programme to sustain women empowerment. The emergence of women entrepreneurs and their contribution to the national economy is quite visible in India. Throughout the developing countries, innovative lending programmes have emerged that specialized in giving small capital loans to low income entrepreneurs. Key words: Entrepreneurship, Socio-Economic growth, empowerment

Author(s): Yogadi Vishnu Sirugudi

Abstract: This paper explores various research studies carried out on E-commerce, examines different opportunities of e-commerce viz., E-business, E-learning, E-commerce education integration, E-insurance, E-commerce for the WT0 and developing countries and future media of e-commerce. It raises key challenges that are being faced by consumers relating to e-commerce viz., Ethical issues, Perceptions of risk in e-service encounters, challenges for education, It act 2000 and legal system. Finally many companies, organizations, and communities in India are beginning to take advantage of the potential of e-commerce; critical challenges remain to be overcome before e-commerce would become an asset for money transfer e-commerce common people.Key words: E-business, E-learning, E-commerce education integration

Author(s): K.Harika andV.Srinivasa Rao

Abstract: Financial Inclusion of the poor has a multiplier effect on the economy as a whole, through higher savings pooled from the vast segments of the population present at the bottom of the pyramid. There is a potential for transforming the lives of these excluded groups by providing access to formal savings arrangements and extension of credit by banks for emergency and entrepreneurial purposes, thereby enabling the poor to create assets, generate stable income, build resilience to meet macro-economic and livelihood shocks and bring about an improvement in their financial condition and living standards. Keywords: stable income, financial inclusion, Self Help Groups

Author(s): J. Pandu Rangarao

Abstract: Narsapur is the middle town which playing an important role in promotion and export of lace products. More than two lakh artisans are involved in this work where lady’s fingers are generating products at their leisure time. They are habituated to produce products as per the orders from exporters and middle men are playing an important role in giving and taking of material to them. The largest of such clusters existing in the country that spend their leisure time knitting exquisite lace in innumerable designs, much oblivious to the invaluable treasure of skill they possess. With the establishment of lace park many people got chance to get training on latest designs and marketing aspects for sustainability. Keywords: treasure of skill, innumerable designs, lush green villages

Author(s): K. Ratna Manikyam,A. Srilakshmi Bramarambha and Y. V. Haritha Lochana

Abstract: The banking sector plays a vital role in the development of one country’s economy. The growth of banking sector depends upon the services provided by them to the customers in various aspects. The growing trend of banking services is found significant after the new economic reforms in India. Today, India has a fairly well developed banking system with different classes of banks – public sector banks, foreign banks, private sector banks – both old and new generation, regional rural banks and co-operative banks with the Reserve Bank of India as the fountain Head of the system. Nowadays banking sector acts as a backbone of Indian economy which reflects as a supporter during the period of boom and recession. With the emergence of Privatisation, Globalisation and Liberalisation in India, Banks are focusing on Research and Development and applying various innovative ideas and technology. There is a close relationship between the development of banking sector and the new innovations in technology and Electronic data processing. Keywords: Liberalisation, Privatisation, Globalisation, Innovation, IT, Research, ATM

Author(s): G.venkata rao

Abstract: The management of RRBs is at present vested in the nine-member Board of Directors, headed by a Chairman, who is appointed by the Central government. The Central government and the Lead bank nominate not more than two members whereas the State government nominates not more than two members on the board. The Central government nominates one of its officers as nominee of the government of India on the Board of each RRB. Keeping in line with the commitment of the government to uplift the rural poor, the banks came into existence to contribute their share in the achievement of the desired goals by providing financial assistance aimed at generating income and thereby raising the people above the poverty line. In its journey to embrace the entire country, the RRB network has slowly but steadily extended its activities. Keywords: financial assistance, Regional Rural Banks, NABARD