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The use of case studies has been integral to the pedagogic approach in training and teaching curriculums at NIBM. The Institute has a history of development and publication of case studies in various areas of banking and finance. Case studies have been developed on both an institutional basis as well as the self-driven activity of faculty. The Case Development Centre (CDC) at the Institute is facilitating case development by faculty to address the changing perspectives and challenges of the banking and finance industry.

The case studies are not peer-reviewed. NIBM cases are developed solely as the basis for class discussion. Cases are not intended to serve as endorsements, sources of primary data, or illustrations of effective or ineffective management. This publication may not be digitized, photocopied, or otherwise reproduced, posted, or transmitted, without the permission of the National Institute of Bank Management, Pune. To order copies or request permission to reproduce materials, write to Dr Naveen Kumar K, Convenor, Case Development Centre:

Case Number:  NIBM-CDC-2023-07
Publication Year:  September 2023

Trade Based Money Laundering At Bank Of Baroda: "In Good Faith"?

Authors:   Smita Roy Trivedi,
Rajesh Ramakrishnan, CA

There is not an iota of doubt whatsoever in my mind that the instant transactions appear to have been made in circumstances of unusual or unjustified complexity or appear to have no economic rationale or bona fide purpose”[1]

Director, Financial Intelligence Unit, India, FIU Bank of Baroda Judgement, Point …

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Case Number:  NIBM-CDC-2023-04
Publication Year:  July 2023

Managing a Managed Float

Authors:   Smita Roy Trivedi,

On August 28, 2013, the Rupee opened at 66.19[1], scaled to a high of 69.22, depreciating by 4.5% during the course of the day. It closed finally at 68.83, in what was to be a black-letter day for the Indian currency. The depreciation in 2013, though drastic, was not …

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Case Number:  NIBM-CDC-2023-05
Publication Year:  July 2023

Kudos Finance and Investments Private Ltd

Authors:   M Manickaraj,

Kudos Finance and Investments Private Ltd (Kudos), a Non-Banking Finance Company (NBFC) started in 2013 was providing loans to microenterprises. The company had three different loan products, namely, machinery loan, business loan and short-term loan, and it had made several arrangements for marketing the products. It had developed robust …

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Case Number:  NIBM-CDC-2023-06
Publication Year:  July 2023

Digitalization Strategies of Union Bank of India

Authors:   Kaushik Mukherjee & Deepankar Roy

According to the Reserve Bank of India (India’s regulator for banking), digital banking refers to present and future electronic banking services provided by a licensed bank for the execution of financial, banking and other transactions, and / or orders / instruments through electronic devices / equipment over websites (i.e. …

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Case Number:  NIBM-CDC-2023-03
Publication Year:  April 2023

AirVoice Infocomm Private Ltd

Authors:   M Manickaraj,
P Saravanan

Financing startups is a matter of interest to many stakeholders including investors, entrepreneurs, financial institutions, government and policy makers. One major concern for the investors is determining the stake they can claim from the investee company as consideration for their investment. Similarly, the entrepreneurs of the startups have to …

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Case Number:  NIBM-CDC-2022-02
Publication Year:  November 2022

Bank of Maharashtra: An Indian Small Public Sector Bank Unshackling itself from the baggage of the Past

Authors:   Sankarshan Basu & Partha Ray

It was on summer evening in Pune in April 2022. The temperature in Pune had touched 40°C and Mr. A S Rajeev, the Managing Director, and the CEO of Bank of Maharashtra, a small/medium-sized Indian public sector bank, were having a cup of tea in his office before …

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Case Number:  NIBM-CDC-2022-01
Publication Year:  August 2022

Delta Bank – Green City Region

Authors:   B Ashok

Harish is a new head of Delta Bank’s Green City Region. The case presents certain business data, a number of business related emails and office notes awaiting his immediate decision.

The case relates to Harish’s first day in office as Regional Head. He is running against time

as he …

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