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Outsourced Agency Details Verification.

Adopt my approach to enhancing ๐—ข๐˜‚๐˜๐˜€๐—ผ๐˜‚๐—ฟ๐—ฐ๐—ฒ๐—ฑ ๐—”๐—ด๐—ฒ๐—ป๐—ฐ๐˜† ๐——๐—ฒ๐˜๐—ฎ๐—ถ๐—น๐˜€ ๐—ฉ๐—ฒ๐—ฟ๐—ถ๐—ณ๐—ถ๐—ฐ๐—ฎ๐˜๐—ถ๐—ผ๐—ป. Bookmark this post as a resource for reviewing your collection audit…

Asset management Stategy

๐—”๐˜€๐˜€๐—ฒ๐˜ ๐—บ๐—ฎ๐—ป๐—ฎ๐—ด๐—ฒ๐—บ๐—ฒ๐—ป๐˜ is critical for organizations to track, maintain, and optimize their fixed assets efficiently. Precision fixed asset verification is…

Nothing in retail is one-size-fits-all….

๐—œ๐—ป๐˜ƒ๐—ฒ๐—ป๐˜๐—ผ๐—ฟ๐˜† ๐— ๐—ฎ๐—ป๐—ฎ๐—ด๐—ฒ๐—บ๐—ฒ๐—ป๐˜ ๐—ฆ๐˜๐—ฟ๐—ฎ๐˜๐—ฒ๐—ด๐—ถ๐—ฒ๐˜€ ๐—™๐—ผ๐—ฟ ๐—ฎ ๐—ก๐—ฒ๐˜„ ๐—Ÿ๐—ผ๐—ฐ๐—ฎ๐˜๐—ถ๐—ผ๐—ป: In retail, there’s no universal solution, so inventory planning teams have a range…

Perspective on Decision and Risk Mitigation

๐——๐—ฒ๐—ฐ๐—ถ๐—ฑ๐—ฒ๐—ฟ๐˜€ have two central challenges: being โ€˜sufficiently certainโ€™ that their decision will deliver what theyย intendedย and that what it delivers is…

Navigating the challenges in The Apparel Industry…..

๐—œ๐—ป๐—ฑ๐—ถ๐—ฎ ๐—ฟ๐—ฎ๐—ป๐—ธ๐˜€ ๐—ฎ๐˜€ ๐˜๐—ต๐—ฒ ๐˜„๐—ผ๐—ฟ๐—น๐—ฑ’๐˜€ ๐˜€๐—ฒ๐—ฐ๐—ผ๐—ป๐—ฑ-๐—น๐—ฎ๐—ฟ๐—ด๐—ฒ๐˜€๐˜ ๐˜๐—ฒ๐˜…๐˜๐—ถ๐—น๐—ฒ ๐—ฎ๐—ป๐—ฑ ๐—ด๐—ฎ๐—ฟ๐—บ๐—ฒ๐—ป๐˜ ๐—ฝ๐—ฟ๐—ผ๐—ฑ๐˜‚๐—ฐ๐—ฒ๐—ฟ, with its fashion and apparel sector playing a vital role…

Easy Inventory control methods

๐—”๐—น๐˜๐—ต๐—ผ๐˜‚๐—ด๐—ต ๐˜€๐˜๐—ผ๐—ฟ๐—ฒ ๐—บ๐—ฎ๐—ป๐—ฎ๐—ด๐—ฒ๐—บ๐—ฒ๐—ป๐˜ ๐—ฎ๐—ป๐—ฑ ๐—ถ๐—ป๐˜ƒ๐—ฒ๐—ป๐˜๐—ผ๐—ฟ๐˜† ๐—ฐ๐—ผ๐—ป๐˜๐—ฟ๐—ผ๐—น ๐—ฐ๐—ฎ๐—ป ๐˜€๐—ผ๐—บ๐—ฒ๐˜๐—ถ๐—บ๐—ฒ๐˜€ ๐—ฏ๐—ฒ ๐˜๐—ฒ๐—ฑ๐—ถ๐—ผ๐˜‚๐˜€, ๐—ถ๐˜โ€™๐˜€ ๐˜ƒ๐—ถ๐˜๐—ฎ๐—น๐—น๐˜† ๐—ถ๐—บ๐—ฝ๐—ผ๐—ฟ๐˜๐—ฎ๐—ป๐˜ ๐—ณ๐—ผ๐—ฟ ๐—ฎ ๐—ฏ๐˜‚๐˜€๐—ถ๐—ป๐—ฒ๐˜€๐˜€ ๐˜๐—ผ ๐˜€๐˜๐—ฎ๐˜† ๐—ผ๐—ป-๐˜๐—ฟ๐—ฎ๐—ฐ๐—ธ ๐˜„๐—ถ๐˜๐—ต…

Inventory control is a key element of an inventory management system.

right stock to meet customer demand while minimizing carrying costs and preventing stockouts or overstock situations.Two primary categories of inventory…

Repo Kit Compliance……

๐•๐ข๐ญ๐š๐ฅ ๐‚๐จ๐ฆ๐ฉ๐จ๐ง๐ž๐ง๐ญ๐ฌ ๐จ๐Ÿ ๐‘๐ž๐ฉ๐จ ๐Š๐ข๐ญ ๐‚๐จ๐ฆ๐ฉ๐ฅ๐ข๐š๐ง๐œ๐ž. Many of you are likely familiar with Repo Kit Compliance, but to ensure everyone…

A concurrent audit refers to the simultaneous inspection of financial transactions……

A financial institution necessitates ongoing transaction monitoring, particularly in the case of entities such as banks, where a robust and…

Bank stock audit

๐—ง๐—ต๐—ฒ ๐—ฝ๐˜‚๐—ฟ๐—ฝ๐—ผ๐˜€๐—ฒ ๐—ผ๐—ณ ๐—ฐ๐—ผ๐—ป๐—ฑ๐˜‚๐—ฐ๐˜๐—ถ๐—ป๐—ด ๐—ฎ ๐˜€๐˜๐—ผ๐—ฐ๐—ธ ๐—ฎ๐˜‚๐—ฑ๐—ถ๐˜ ๐—ถ๐˜€ ๐˜๐—ผ ๐˜ƒ๐—ฒ๐—ฟ๐—ถ๐—ณ๐˜† ๐˜๐—ต๐—ฒ ๐˜€๐—ฎ๐—ณ๐—ฒ๐˜๐˜† ๐—ฎ๐—ป๐—ฑ ๐—ฎ๐—ฐ๐—ฐ๐˜‚๐—ฟ๐—ฎ๐˜๐—ฒ ๐˜ƒ๐—ฎ๐—น๐˜‚๐—ฎ๐˜๐—ถ๐—ผ๐—ป ๐—ผ๐—ณ ๐˜๐—ต๐—ฒ ๐—ณ๐˜‚๐—ป๐—ฑ๐˜€ ๐—น๐—ฒ๐—ป๐˜ ๐—ฏ๐˜†…

Preliminary Check, Disbursement and Post Disbursement Inspection.

We may have encountered numerous cases where individuals engage in fraud and forgery to deceive banks and obtain financial benefits…

“RBI’s Compliance Framework: A Stronger Future for NBFCs”

“๐—ฅ๐—•๐—œ’๐˜€ ๐—–๐—ผ๐—บ๐—ฝ๐—น๐—ถ๐—ฎ๐—ป๐—ฐ๐—ฒ ๐—™๐—ฟ๐—ฎ๐—บ๐—ฒ๐˜„๐—ผ๐—ฟ๐—ธ: ๐—” ๐—ฆ๐˜๐—ฟ๐—ผ๐—ป๐—ด๐—ฒ๐—ฟ ๐—™๐˜‚๐˜๐˜‚๐—ฟ๐—ฒ ๐—ณ๐—ผ๐—ฟ ๐—ก๐—•๐—™๐—–๐˜€” The RBI (Reserve Bank of India) is worried about a problem in…

A Compliance Risk Assessment Report

๐—” ๐—–๐—ผ๐—บ๐—ฝ๐—น๐—ถ๐—ฎ๐—ป๐—ฐ๐—ฒ ๐—ฅ๐—ถ๐˜€๐—ธ ๐—”๐˜€๐˜€๐—ฒ๐˜€๐˜€๐—บ๐—ฒ๐—ป๐˜ ๐—ฅ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜ is a formal document that outlines the findings and analysis of an assessment of an…

RBI Compliance map

๐—ง๐—ต๐—ฒ ๐—ฅ๐—ฒ๐˜€๐—ฒ๐—ฟ๐˜ƒ๐—ฒ ๐—•๐—ฎ๐—ป๐—ธ ๐—ผ๐—ณ ๐—œ๐—ป๐—ฑ๐—ถ๐—ฎ (๐—ฅ๐—•๐—œ) is the central banking institution of India and is responsible for the regulation and…

The RBI has been crucial in regulating the NBFC sector

๐—ง๐—ต๐—ฒ ๐—ฅ๐—•๐—œ ๐—ต๐—ฎ๐˜€ ๐—ฏ๐—ฒ๐—ฒ๐—ป ๐—ฐ๐—ฟ๐˜‚๐—ฐ๐—ถ๐—ฎ๐—น ๐—ถ๐—ป ๐—ฟ๐—ฒ๐—ด๐˜‚๐—น๐—ฎ๐˜๐—ถ๐—ป๐—ด ๐˜๐—ต๐—ฒ ๐—ก๐—•๐—™๐—– ๐˜€๐—ฒ๐—ฐ๐˜๐—ผ๐—ฟ over the years. With the sectorโ€™s evolution and changing dynamics…

What constitutes a risk?

๐—ช๐—ต๐—ฎ๐˜ ๐—ฐ๐—ผ๐—ป๐˜€๐˜๐—ถ๐˜๐˜‚๐˜๐—ฒ๐˜€ ๐—ฎ ๐—ฟ๐—ถ๐˜€๐—ธ? It’s different from common perception. A risk represents an unpredictable event occurring within a specified timeframe…

Guidelines for Loan Recovery Agents:

๐—ง๐—ต๐—ฒ๐˜† ๐—ฎ๐—ฟ๐—ฒ ๐—น๐—ฒ๐—ด๐—ฎ๐—น๐—น๐˜† ๐—ฏ๐—ผ๐˜‚๐—ป๐—ฑ ๐—ฏ๐˜† ๐—ฐ๐—ฒ๐—ฟ๐˜๐—ฎ๐—ถ๐—ป ๐—ด๐˜‚๐—ถ๐—ฑ๐—ฒ๐—น๐—ถ๐—ป๐—ฒ๐˜€ ๐—ฎ๐—ป๐—ฑ ๐—ฐ๐—ฎ๐—ป๐—ป๐—ผ๐˜ ๐—ต๐—ฎ๐—ฟ๐—ฎ๐˜€๐˜€ ๐˜๐—ต๐—ฒ ๐—ฏ๐—ผ๐—ฟ๐—ฟ๐—ผ๐˜„๐—ฒ๐—ฟ๐˜€ ๐—ถ๐—ป ๐—ฎ๐—ป๐˜† ๐˜„๐—ฎ๐˜†. These include – โœ…Banks must…

Major risk factors of NBFCs

In India, both ๐˜๐—ต๐—ฒ ๐—ฆ๐—˜๐—•๐—œ ๐—ฎ๐—ป๐—ฑ ๐˜๐—ต๐—ฒ ๐—ฅ๐—ฒ๐˜€๐—ฒ๐—ฟ๐˜ƒ๐—ฒ ๐—•๐—ฎ๐—ป๐—ธ ๐—ผ๐—ณ ๐—œ๐—ป๐—ฑ๐—ถ๐—ฎ are responsible for overseeing Non-Banking Financial Companies (NBFCs), which…

Do you have a notorious collection agency?

โœ…Are they calling at odd hours( before 7 a.m. and after 7 p.m.)? โœ…Are they using harsh language to the…

Agency Management Inefficiency

Visualize 4 bank professionals managing 400 collection agencies, where visits to each agency were scarcely possible once a year. They…

NBFCS rely more on Bank loans: RBI

Non-banking financial companies (NBFCs) should reduce their excessive reliance on Bank borrowings. The study, titled ‘๐—˜๐˜ƒ๐—ฎ๐—น๐˜‚๐—ฎ๐˜๐—ถ๐—ป๐—ด ๐˜๐—ต๐—ฒ ๐—ฅ๐—ฒ๐—ฐ๐—ฒ๐—ป๐˜ ๐—ฃ๐—ฒ๐—ฟ๐—ณ๐—ผ๐—ฟ๐—บ๐—ฎ๐—ป๐—ฐ๐—ฒ ๐—ผ๐—ณ…
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