The Authority for Advance Rulings has clarified that premium FSI payments constitute "supply of services" attracting 18% GST, significantly impacting project cash flows.
The "bank" is no longer just a building or even a standalone app; it is becoming a feature within other platforms.
Rather than full deregulation, we advocate for "managed liberalisation" - dynamic FSI caps that adjust based on real-time infrastructure capacity, combined with inclusionary housing mandates requiring 20-30% affordable units in all high-FSI developments.
The Indian FSI is undergoing a significant transformation, driven by technological advancements, changing consumer behavior, and regulatory reforms. The future of banking in India looks exciting, with many trends and technologies set to shape the industry in the coming years. As the FSI continues to evolve, we can expect to see more innovative solutions, improved customer experience, and increased efficiency in the banking sector. indian fsi blog 5
Utilizing predictive AI models to evaluate transaction behavior.
Banking is evolving from a destination into an invisible feature integrated directly into everyday consumer platforms.
Hiring is no longer metro-centric. Tier-2 and Tier-3 cities now account for a significant portion of the talent pool as financial services become nationally distributed. The Authority for Advance Rulings has clarified that
Next in Blog #6: What if FSI became negative? (Yes, that’s possible.)
In this fifth edition, let’s stop tinkering around the edges. Let’s talk about the two words that terrify both builders and bureaucrats: .
The future of banking in India looks exciting, with many trends and technologies set to shape the industry in the coming years. Some of the key trends that are likely to shape the future of banking in India include: The Indian FSI is undergoing a significant transformation,
However, these challenges also present opportunities for growth and innovation. For example, the use of Artificial Intelligence (AI) and Machine Learning (ML) can help to improve risk management, while blockchain technology can enhance security and transparency.
Life is unpredictable, and unexpected expenses can arise at any time. Aim to save 3-6 months' worth of living expenses in an easily accessible savings account. This fund will help you weather financial shocks and avoid debt.
Traditional banks are partnering with agile FinTech platforms through robust Application Programming Interfaces (APIs).