All Posts by Riya Sharma

Evolution of Banking in India

Section 5 of the Banking Regulation Act, 1949 provides the definition of Banking as: “Banking is the accepting, for the purpose of lending or investment, of deposits of money from the public, repayable on demand or otherwise, and withdrawal by cheque, draft, order or otherwise” The financial sector of a country is very critical forContinue reading “Evolution of Banking in India”

Securitization Process

In its most basic sense, securitization is the process of turning assets into securities. It is the process by which an issuer creates a financial instrument by combining other financial assets and then marketing different tiers of the packaged instruments to investors.  Securitization is a process by which a company clubs its different financial assetsContinue reading “Securitization Process”

The Concept of Recognition of States in International Law

The concept of Recognition is closely related to the concept of Statehood. Before a State is recognized as a State, it should fulfill the essential attributes of Statehood as laid down in the Montevideo Conference[1]: Sovereignty Defined Territory Population Government Recognition is the process whereby certain facts are received and invested with legal statuses, suchContinue reading “The Concept of Recognition of States in International Law”

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