scholarly journals Fintech: Really a buzzword, at Embryonic Stage or a burgeoning Industry? with special reference to India

2021 ◽  
Vol 23 (24) ◽  
pp. 1174-1190
Author(s):  
Miss Shreya Arora ◽  
◽  
Prof.(Dr.) Pankaj Madan ◽  

With increasing average deal size, funding rounds closing in record time, and half a dozen startups entering unicorn clubs a week, Indian startups are in momentum in India with Fintech occupying a significant space among them. Government schemes, customers’ expectations, cashless economy, digitalization, globalization, innovation, etc. are some of the determinants due to which Fintech has emerged as one of the most investment attractive destinations. Traditional financial institutions are partnering with the Fintech firms in order to survive as well as to compete. The present paper is an attempt to peep into such reasons for the growth of this Fintech sector in various segments along with its future avenues. The figures mentioned are based on searched articles in magazines, newspapers and published reports on websites, etc. It has been concluded that India has a high potential as well as opportunity in the Fintech sector especially in the payment segment as consumers are becoming smarter day by day which in turn forcing and motivating the industries for the innovation in their services to remain in the race.

Entrepreneurs can be trained to start their industrial unit or a business or a service in different field if proper inputs in the form of training are given. The existence and making of an entrepreneur depend on a conducive environment. The development of an entrepreneurship depends on human factor and environment. In India where human resource found in plenty , individual with requisite entrepreneurial skill can be identified. It was in 1950 in India that the need for the entrepreneurial development was first felt end since then a substantial amount of research has gone in to this sphere. Initially this program was run by Gujarat Industrial and Investment Corporation, and its basic elements and characteristic were crystallized through repeated experiments unit 1978, when Gujarat’s financial institution and industrial, promotion agencies jointly sponsored a separate center for Entrepreneurship Development to administer the program. The center’s success in turn convinced India national financial institutions that the program was relevant for in 1983 to conduct research, offer expert advice, impart knowledge and help state-level agencies in carrying out their training.


Author(s):  
RAJIB BISWAS

— Big Data analytics has come a long way since its inception. This field is growing day by day. With the advent of large handling capacity of computational analysis of modern computing systems as well as Internet of Things (IoT), this field has revolutionized the way we think about data. It has influenced the major domains such as healthcare, automobile, computing, climatology, and space communications. Of late, the health care sector has been largely influenced by this. This communication deals with the areas of healthcare where big data analytics has been largely influential. Encompassing the basics of Big Data Analytics (BDA) driven by IoT, the applications of it in healthcare sector are outlined, accompanied by future expectations. Additionally, it also presents a comprehensive analysis of recent application with special reference to Covid-19 in this sector.


2018 ◽  
Vol 2 (1) ◽  
pp. 181-217
Author(s):  
محمد شريف بشير الشريف ◽  
محمد يوسف خالد

The main objective of this paper is to examine the role of collective Ijtihad institutions in Sudan with special reference to the Islamic Fiqh Academy of Sudan (IFA-Sudan) and the Shari'a supervisory boards in Islamic banks. The paper begins with a background of fatwa history in Sudan, focusing particularly on the experience of the Islamic Fiqh Academy (IFA-Sudan), which is a leading institution in the area of collective Ijtihad, through the powers granted to it as an official fatwa institution and discusses its contribution diverse to both society and the state. This paper presents an overview of selected models of Shari'a supervisory boards in Islamic banks and financial institutions including the High Shari'a Supervisory Council (HSSC) in Central Bank of Sudan. It provides also in-depth and strong understanding of Shari'a consultancy mechanisms in Islamic banks and their role in fatwas harmonization in financial matters. Through discussion emphases have given to the working approaches and procedures for the issuance of fatwa and its reinforcement mechanism from the perspective and practices of Islamic law in Sudan. This paper highlights some significant results on the importance of institutions of collective ijtihad, especially in public issues and emerging subjects. In conclusion, some policy implications have been mentioned on the development of fatwa management and use of modern technology to communicate between Shari'a supervisory boards in Islamic Banks and other financial institutions within and outside the country, and the interaction with the public, through answering their religious questions. ملخص البحث يتناول هذا البحث موضوع الجتهاد الجماعي من خلال دور مؤسسات الفتوى في السودان, ويعرض تجاربها في مجال الإفتاء, وإدارة شؤونه. و يركز البحث على تقويم تجربة مجمع الفقه الإسلامي بالسودان, واللذي يعتبر مؤسسة رائدة في مجال الاجتهاد الجماعي, من خلال الصلاحيات الممنوحة له, وما يعرض أمامه من القضايا الدينية في كافة شؤون الحياة, ومجالاتها. كما يعرض البحث نماذج مختارة من تجارب هيئات الرقابة الشرعية للمصارف والمؤسسات المالية الإسلامية بالسودان, و يبين أساليب عملها, والإجراءات المتبعة لديها في إصدار الفتوى الجماعية. ويحاول البحث أن يخلص إلى نتائج مهمة حول أهمية مؤسسات الإجتهاد الجماعي, وضرورة استمرارها في تقديم الفتوى الشرعية, خاصة في القضايا العامة, والمسائل المستجدة بما يشمل مسائل المعاملات والأسرة, والقضايا الطبية والعلمية, إضافة إلى ما يخص الدولة, و المؤسسات, وأفراد المجتمع من قضايا اجتماعية, وسياسية. وفي الختام يقدم البحث توصيات عامة بشأن تطوير هيئات الإفتاء من ناحية إدارتها, واستخدم وسائل التقنية الحديثة في التواصل مع هيئات الإفتاء داخل البلاد وخرجها, والتفاعل مع الجمهور, والإجابة عن أسئلته, واستفتاءاته الدينية.


2021 ◽  
Vol 12 (5) ◽  
pp. 35-37
Author(s):  
Govind Prasad Gupta ◽  
Chitra Singh ◽  
Madhu Singh

The population of the world is increasing day by day but today 1 out of 10 couples is suffering from infertility. There are many reasons for infertility but oligospermia is a major factor of infertility. In Ayurveda, eight kinds of shukra dushti explained, in which ksheen shukra can be considered as oligospermia. Many treatment modules have been depicted in ayurvedic text. In the present study three drugs Lajjawanti, Vastuk and uttangan used for treatment. In this study, 30 patients were selected according to the sign and symptoms described in our texts and semen analysis was done as laboratory investigation. Significant results are found on symptoms like Swinngatrta (body sweating), Sharm (fatigue) Pandutav (anaemia) etc. This drug also showed a dramatic effect on, sperm motility, Viability, Erection and Ejaculation.


Author(s):  
Pragya Jaroliya ◽  
Deepak Jaroliya

There is no doubt that emotions are important to advertisements and many advertisers understood that using emotional connects, it is very easy to sell brands. Emotional response has received an increased attention, since researchers demonstrated its major influence on attitude towards advertisements. During the review of literature, it has been observed that many studies have been conducted on emotional quotient towards advertisements in different media, but no such study has been conducted for Internet advertisements. While seeing the popularity and acceptability of Internet advertising in the present scenario in India, the present research was set out in order to evaluate the Emotional Quotient and Reaction for Internet advertisements. In order to get the response, the scope of the study has been limited only to the Internet advertisements relating to banking insurance products offered by banks and advertised over their websites. Basically, the research has been conducted into different phases. In the initial phase, four top rated advertisements were selected. In the second phase, the level of EQ of the selected advertisements and the corresponding reaction were analyzed. It has been observed that the emotional quotient of Internet advertisements was high, however in case of reaction factors, the Internet advertisements were found to be highly attractive, but less meaningful. In terms of vitality as a factor of reaction, the advertisements found to be average. The study would be useful for the advertisers, those who are dealing in Internet advertising as well as for the banks or the financial institutions offering insurance products and services in order to improve the meaningfulness generated over Internet.


InterConf ◽  
2021 ◽  
pp. 62-69
Author(s):  
Hatice Özkurt Çokgüngör

Thanks to technological developments that have changed the way the world works, the financial sector has also had to adapt to today's digital age. Transactions that were once only possible with visits to financial institutions can now be completed in minutes with a mobile phone. Developments involving the improvement of financial transactions and services with the help of technology and their transfer to the digital environment The scope of FinTech, that is, financial technologies, continues to expand day by day. The demand for financial technologies has increased tremendously in 2020, especially with the impact of the COVID-19 pandemic. The importance of FinTech solutions in businesses has become even more important in 2021.


Author(s):  
Dr. Krishna Kant Dave ◽  
Pallavi Shakdwipee

The ultimate goal of any organization is earning profit and along this grows day by day. For growing pint of view, any organization is only able to develop when its customers are satisfied. Customer satisfaction is important part of performance. Performance is nothing else but as a resultant of customer satisfaction. Performance measurement can be understand as the process of collecting, analyzing and reporting information regarding the performance of an individual, organization, groups, system etc. it can involve studying process or phenomena to see whether output are in accordance with what was intended or should have been achieved. Performance measurement estimates the parameter under which programs and other investments are reaching the targeted results. In this paper we tried to find out the performance measurement of all branches of Central bank of India with special reference to Udaipur district. Central bank of India is one of the oldest nationalized banks in India, we tried to find out customer's attitude towards bank's overall services. Based on the results of the research, the results may be useful for managerial implication and directions for future researches


2019 ◽  
Vol 8 (4) ◽  
pp. 12251-12260

Technology has changed the operating psychology of the businesses over the last couple of years. There is a growing need and demand to use Artificial Intelligence (AI) and the Indian banking Sector is gradually shifting itself towards using AI. Banks are exploring and implementing technology in various ways. Artificial Intelligence is getting better and smarter day by day. The adoption of AI in banking has grown a lot than other sectors. This is happened because banking sector still has lot of human intervention in the operations. Indian banking sector is exploring the ways to enhance customer services with the help of Artificial Intelligence. This paper is about how Artificial Intelligence (AI) is used by Indian banks with reference to SBI and HDFC Bank to improvise customer services in future.


Sensors ◽  
2021 ◽  
Vol 21 (4) ◽  
pp. 1474
Author(s):  
Alexey Noskov ◽  
Joerg Bendix ◽  
Nicolas Friess

Drastic declines in insect populations are a vital concern worldwide. Despite widespread insect monitoring, the significant gaps in the literature must be addressed. Future monitoring techniques must be systematic and global. Advanced technologies and computer solutions are needed. We provide here a review of relevant works to show the high potential for solving the aforementioned problems. Major historical and modern methods of insect monitoring are considered. All major radar solutions are carefully reviewed. Insect monitoring with radar is a well established technique, but it is still a fast-growing topic. The paper provides an updated classification of insect radar sets. Three main groups of insect radar solutions are distinguished: scanning, vertical-looking, and harmonic. Pulsed radar sets are utilized for all three groups, while frequency-modulated continuous-wave (FMCW) systems are applied only for vertical-looking and harmonic insect radar solutions. This work proves the high potential of radar entomology based on the growing research interest, along with the emerging novel setups, compact devices, and data processing approaches. The review exposes promising insect monitoring solutions using compact radar instruments. The proposed compact and resource-effective setups can be very beneficial for systematic insect monitoring.


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