The News Journal

S Ravi BSE Former Chairman shares his views on how the increased need for rewards and carelessness are greatly made use of by the fraudsters. “The fraudsters succeed on account of customer’s need for rewards or better returns, increased spending limits, saving while spending and most importantly, carelessness as we seem to have forgotten what our elders taught us that Never Trust Strangers and Greed causes great Disaster”, Mr. Ravi says. As per the expert’s view, the advancement of technology, increased usage of digital platforms and mobile becoming a one stop device for various financial transactions, has eased the way of receiving and paying money and saving time in paying bills, making investments and also getting reward points. However, like each coin has two sides, this advantage comes with disadvantage of certain cyber threats, phishing, accounts getting hacked, bogus loan/ discount/ cash back offers. Sethurathnam Ravi There are also several other threats and scams that are run ...

RBI has recently launched a pilot for its digital rupee and the financial expert Sethurathnam Ravi approaches it as a first step towards CBDC. As per the former BSE Chairman, this is a once in a generation opportunity for India to be a world leader, and the question is whether the RBI will spur innovation or, as with fintech, wait for an inescapable inevitability while the sector lags. Sethurathnam Ravi Blockchain will change the way the world works, highlights Mr. Ravi in his latest article. In the author’s own words, “It has applications across the spectrum – decentralization, provenance, transparency, and security are all features key to processes across a wide array of business domains. The domain it will most emphatically impact though, is financial. It will precipitate reimagination of money in a way as, or probably more, profound as how dematerialization did when Western Union invented wire transfers, or when credit cards changed how we pay”. In the past years, the proliferatio...

Sethurathnam Ravi Sethurathnam Ravi , popularly known as S Ravi is the former chairman of Bombay Stock Exchange Limited (BSE). Currently he is the Founder and Managing Partner of Ravi Rajan & Co., an advisory and accountancy firm, headquartered in New Delhi, India. S Ravi was appointed by Government of India and RBI as Chairman of the Technical Experts Committee for Punjab & Sind Bank’s Strategic Turnaround. He was also appointed by Government of India as a member of the Strategic Revival Group for UCO Bank, where he played an instrumental role in formulation of the revival plan and its subsequent implementation. He has also served as Chairman of PNB Mutual Fund. According to former BSE Chairman, S ethurathnam  Ravi , “all the major fund houses in India provide window for global investments under various schemes. The schemes are well defined and the characteristics of the product offering are defined in the key information memorandum which is approved by SEBI...

Sethurathnam Ravi (S Ravi) is the former Chairman of Bombay Stock Exchange Limited (BSE) and Founder and Managing Partner of Chartered Accountants’ firm Ravi Rajan & Co., an advisory and accountancy firm, headquartered in New Delhi, India. S Ravi is a Post Graduate in Commerce and holds a diploma in Information System Audit (DISA). He is an Associate Member of Association of Certified Fraud Examiners (CFE), USA and is also registered as an Insolvency Resolution Professional. Sethurathnam Ravi  on his latest talk on 5 years of GST with Tarun Nangia, presents his views on the journey of GST in India since its introduction 5 years ago. According to him, the Goods and Services Tax has been a major reform across India and so far, it has been a successful journey. He also makes four suggestions on how to make GST friendly, for most of the people to abide by the tax paying mechanisms. Sethurathnam Ravi “First of all, on the platform side, what happens is one person makes a wrong entry...

Sethurathnam Ravi , the former BSE chairman suggests investors to be more vigilant. The financial expert greatly believes in the fact that all the potential investors should be vigilant enough to tackle any upcoming problems. Vigilance should be carefully exercised when it comes to making an informed decision. Sethurathnam Ravi said that there should be no transparency when it comes to the functional duties of both the directors as well as the independent directors. Besides this, he also focused on the importance of the quality of the board. Additionally, the former BSE Chairman also believed in the fact that an established forum should be there so that a smooth interaction between the investors and the auditors can carry out. Furthermore,  Sethurathnam Ravi BSE  also pointed out that the capital will somehow turn out to be constrained in the existed geo-political situation and organizations will need to search for the correct kind of capital. He is a firm b...