Summary
Contents
Subject index
The Second Edition of E-Finance exhorts the Indian banking industry to use their post-crisis advantages like safe business practices, technology competence, and lower costs to attract business from overseas customers. V.C. Joshi considers not only the planning aspect, but also the process of e-banking. He discusses the internet business model that banks can adhere to and examines the working of e-banking, e-insurance, e-broking, and the development of alternate systems of trading in areas like treasuries and foreign exchange. The security aspects are discussed exhaustively and the author highlights the difficulties in enforcing claims through the judicial. The book is enriched with many recent examples.
Risk Management for E-Banking and E-Insurance
Risk Management for E-Banking and E-Insurance
Chapter 8 discussed and examined some of the general tools for assessment and management of risks on the internet. This chapter specifically considers insurance and banking industries' attempts at controlling and managing these risks. In particular, two features will be highlighted. These industry groups are usually reluctant to disclose any intrusions into their systems. This stems from fears about further attacks and about adverse publicity, which could lead to panic reactions amongst clients.
The South-East Asian crisis and the Barings Bank debacle were perhaps the immediate causes for banks and the supervisors to work together to evolve sound policies for this vital area of management for the financial services industry. It is indeed heartening that ...
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