The Future of Indian Banking

1. The Impact of the Pandemic.- Part I.- The Global Scenario.- Part II.- Measures in India.- Part III.- Bibliography.- 2. State of the Financial System: Strengths and Weaknesses.- Financial System Structure.- State of Banks’ Finances.- Government Infusion of Capital.- Bank Frauds: A Broad Picture.- Debt Restructuring and Recovery: The Legal Remedies.- Regulatory Aspects, Use of Stress Test for Soundness.- Suggestions and Recommendations for Immediate Response.- Critical Evaluation of Bankers.- Conclusion.- Bibliography.- 3. Socio-Political and Technology Aspects.- Big Data.- Big Data Analytics.- Big Data Implementation: Review of Best Practices.- Cloud Computing.- Artificial Intelligence (AI) and Machine Learning (ML).- Rise of AI in Financial Services.- Augmented and Virtual Reality.- Bibliography.- 4. Reimagining Banking.- The New Normal: New Business Model for Banks.- Open Banking.- Digital Banking.- Bibliography.- 5. Banking: New Frontiers.- E-Banking Facilities for Senior Citizens.- Bibliography.- 6. Cyber Crimes and Laws.- The Criminals.- Motivation for Crime.- Cyber Crimes.- Precautions at the Scene of Crime.- Data Protection.- Data Diddling.- Data Leakage.- Data Spying.- The Laws.- Bibliography.- 7. Cyber Risk Management.- Part I.- State of Cyber Risk.- Part II.- Part III.- Current Developments.- Part IV.- The Regulatory Guidance.- Basel Committee on Banking Supervision.- Bank of England: CBEST Testing Overview.- Conclusion.- Bibliography.- 8. Digital Marketing.- Interactive Teller Machines.- Service Terminals.- Interactive Digital Walls.- Bibliography.- 9. HR Digitized.- Part I.- Keeping Innovation Engine Running.- Forces Driving Digitization.- HR Challenges in Banking.- Making the Promise Come True.- Digital HR.- Innovation Culture in HR.- Conclusion.- Part II.- Digitized HR.- Unlocking the Potential.- HR Planning and Development.- Recruitment and Selection.- Development of Required Manpower.- Bibliography.- 10. Risk Management.- Inadequacy of Risk Estimation Models.- Centralized Approach Towards Risk Management.- Conclusion.- Bibliography.- 11. Regulation.- Regulating the Financial Systems.- Part I: Government Borrowing.- Part II: Reconsidering the Role of Central Banks.- Digitalization.- International Adequacy Standards.- Foreign Branches of Indian Banks.- Plan for Regulators.- RBI Independence.- Central Bank Autonomy.- Politics of Monetary Policy.- Bibliography.