Scope
The Scope of activities shall include but not be limited to the following:
- Collect, classify, analyze and circulate statistical and other information on the structure and working of the BFI system.
- Educate and create awareness on knowledge of laws and practices of BFI sector.
- Maintain continuous communications with the representatives of BFI’s employees, conduct talks, discussions, and negotiations with them to arrive at settlements.
- Pool together talents and resources available with members and to organize exchange of expertise and experiences of members for simplifying forms and procedures, for reducing cost of operations, for increasing efficiency and productivity and for such other common purposes as may be necessary or relevant to BFI industry.
- Study and develop common infrastructure in the financial sector, such as training programs on HR, IT, law, software, etc.
- Resolve issues of common interest, and clear doubts among the FIs.
- Conduct research/studies on issue of common interest for the BFI.
- Publish the periodic financial reports.
- Develop links amongst the Financial Institutions