Innovation of legal regulation and active introduction of digital technologies for the benefit of improving the banking system of India
( Pp. 184-187)

More about authors
Sitkareva Elena V. kandidat yuridicheskih nauk, docent, docent kafedry grazhdanskogo prava i processa i mezhdunarodnogo chastnogo prava
RUDN University Law Institute
Abstract:
The article examines the main regulatory acts in the banking sector, both national and international. It is noted that the main banking regulator in India is the Reserve Bank of India (RBI), which has broad powers to regulate the financial sector. The author also pays attention to the peculiarities of resolving disputes between banks and consumers of banking services. In addition, the sphere of innovative technologies in the banking sector of the economy is touched upon. The directions and objectives of the development of the financial services market in India are shown.
How to Cite:
Sitkareva E.V., (2018), INNOVATION OF LEGAL REGULATION AND ACTIVE INTRODUCTION OF DIGITAL TECHNOLOGIES FOR THE BENEFIT OF IMPROVING THE BANKING SYSTEM OF INDIA. Gaps in Russian Legislation, 3 => 184-187.
Reference list:
Artem eva YU.A. Bankovskaya sistema Kitayskoy narodnoy respubliki//Problemy ekonomiki i yuridicheskoy praktiki. 2017. № 4. S. 90-95.
Ivanovskaya N.V. Novyy organ po al ternativnomu razresheniyu finansovykh sporov v Indonezii - podrazdelenie Banka Indonezii ( Division of Consumer Protection Payment System )// // Sravnitel no-pravovye aspekty pravootnosheniy grazhdanskogo oborota v sovremennom mire: Sbornik statey Mezhdunarodnoy nauchno-prakticheskoy konferentsii pamyati prof.V.K. Puchinskogo 13 oktyabrya 2017 g. M. RUDN, 2017. S.26-34.
Ruchkina G.F. Bankovskaya deyatel nost : perekhod na novuyu model osushchestvleniya, ili quot;Fintekh quot; kak novaya real nost // ZHurnal quot;Bankovskoe pravo quot;, 2017, N 4//SPS Konsul tant Plyus
Sitkareva E.V. Al ternativnoe uregulirovanie mezhdunarodnykh finansovykh sporov: voydet li Indiya v pyaterku liderov po razresheniyu sporov finansovom sektore M. CHernye dyry v rossiyskom zakonodatel stve .M., 2017, № 5, S.38-41.
Protopopova O.V. Pravovoe regulirovanie finansovoy sistemy Singapura: novye tekhnologii FinTech v finansovoy srede//// Sravnitel no-pravovye aspekty pravootnosheniy grazhdanskogo oborota v sovremennom mire: Sbornik statey Mezhdunarodnoy nauchno-prakticheskoy konferentsii pamyati prof.V.K. Puchinskogo 13 oktyabrya 2017 g. M. RUDN, 2017. S.57-68
Frolova E.E. Finansovaya sistema YAponii: pravovoe regulirovanie sporov mezhdu postavshchikami i potrebitelyami finansovykh uslug MIR (Modernization. Innovation. Research), 2018; 9(1). S.67-73.
Banking Sector in India// India Brand Equity Foundation. URL: https://www.ibef.org/industry/banking-india.aspx Data obrashcheniya 02.04.18.
Dubash Feroz, Mahapatra Sonali and Zota Shruti. Banking Regulation. Published: April 2017. URL: https://gettingthedealthrough.com/area/4/jurisdiction/13/banking-regulation-india/ Data obrashcheniya 25.03.18.
Report of the Working Group on FinTech and Digital Banking// Reserve Bank of India. URL: https://rbi.org.in/ scripts/PublicationReportDetails.aspx ID 892 Data obrashcheniya 23.03.18.
Sharma Aditya and Thomas Renny. Mastering the new realities of India s banking sector. URL: https://www. mckinsey.com/global-themes/india/mastering-the-new-realities-of-indias-banking-sector Data obrashcheniya 01.04.18.
Vakil Bahram N., and others. Banking regulation in India: overview.URL: https://uk.practicallaw.thomson-reuters.com/w-007-9424 transitionType Default contextData (sc.Default) firstPage true bhcp 1 Data obrashcheniya 15.03.18.
Keywords:
right India, the banking system, Reserve Bank Of India, Basel III, the law on banks, The Agency of India's unique identification, Indian Service instant payment.


Related Articles

4. FINANCE, CASH CIRCULATION AND CREDIT, ACCOUNTING, FINANCIAL AND ECONOMIC FORECASTING Pages: 61-65 Issue №5902
IMPROVEMENT OF THE BANKING SYSTEM RISK MANAGEMENT
financial stability banking structure the banking system banking risk management Basel III
Show more
3. LEGAL SUPPORT OF ENTREPRENEURIAL ACTIVITIES Pages: 52-55 Issue №5275
PROBLEMS OF LEGAL REGULATION OF BANK CREDIT IN RUSSIA
a Bank loan the banking system a credit institution banking creditworthiness
Show more
3. CIVIL LAW, INTERNATIONAL PRIVATE LAW, HOUSING LAW, FAMILY LAW, CIVIL PROCEDURE, ARBITRATION PROCESS Pages: 65-69 Issue №10472
Insurance of deposits in India
right India the banking system the law on Deposit insurance Bank deposits Reserve Bank of India
Show more
3. CIVIL LAW, HOUSING LAW, FAMILY LAW, INTERNATIONAL PRIVATE LAW Pages: 59-62 Issue №5694
MORTGAGE AND ITS TYPES UNDER THE INDIAN LAW
the pledge agreement the contract of pledge of real estate mortgage Deposit right India
Show more
6. OTHER Pages: 120-122 Issue №14823
ASSESSMENT OF THE IMPACT OF BASEL III REQUIREMENTS ON THE QUALITY OF BANK CAPITAL IN THE CONDITIONS OF REORGANIZATION BY THE REGULATOR
regulator reorganization Basel III capital quality financial risk
Show more
12. OTHER Pages: 211-212 Issue №10472
ANALYSIS OF CRIMINAL ACTS COMMITTED IN THE BANKING SECTOR WITH TH E USE OF INTERNET TECHNOLOGIES
computer crimes cyber crimes hacker attacks unauthorized access stealing money
Show more
4. CIVIL LAW; ENTREPRENEURIAL LAW; FAMILY LAW; INTERNATIONAL PRIVATE LAW Pages: 168-171 Issue №11986
The financial system of India: the transition to a digital economy and financial integration
right India the Indian financial system the financial institutions banks in India the regulator of financial activities
Show more
17. FINANCE, CASH CIRCULATION AND CREDIT, ACCOUNTING, FINANCIAL AND ECONOMIC FORECASTING Pages: 240-242 Issue №5306
DEVELOPMENT LENDING IN TODAY'S RUSSIAN BANKING SYSTEM
The banking system lending prudential regulation Basel III
Show more
20. ECONOMIC SECURITY Pages: 257-261 Issue №5143
SOME ASPECTS OF IMPROVEMENT OF PROCESS OF COUNTERACTION TO SHADOW PROCESSES IN THE BANK SPHERE OF THE RUSSIAN FEDERATION
the banking system shadow processes economic crimes combating economic crime in the banking sector
Show more