Changing Dimensions of Financial Services and Banking Regulation

This book provides a review and preview of important emerging challenges facing financial regulators across the globe ranging from Federal Reserve (USA) to the Bank of Japan. It takes a perspective to anticipate where these challenges lie. Wherever appropriate, the book further examines these matters in the Indian context. Anticipating that central banks will be dealing with the after-effects of “do what it takes” monetary policy adopted during and after the financial crisis brought about by the pandemic, the book explores through its eleven chapters topics such as -- a balanced assessment of risk management with a particular focus on Basel III; a discussion on large technology, digital finance, and digital insurance; climate change and its attendant risks; cyber-crime; cryptocurrencies; impact of pandemic, bankruptcy, and so on. The book is aimed at banks staff, regulators, and accountancy firms as well as at graduate and post-graduate students specializing in economics, commerce,finance, and management. Vasant Chintaman Joshi (M.A. (Mumbai); M.A. (Cantab, UK; Triops in Economics)) is Founder Director of the VCJ Institute of Research and Development, India. He has vast experience in the banking field as General Manager (Retd.), Bank of India, and Director (Retd.), National Insurance Academy. He has authored several books on banking and finance including Managing Indian Banks: Challenges Ahead, Digital Finance: Bits and Bytes, and Inclusive Banking in India: Re-imagining the bank business model. He has also written a comprehensive report on the management practices of microfinance institutions for the Indian Council of World Affairs.