Case Study Analysis and Solutions

Case ID: 513053

Abstract:
Case Solution & Analysis for Eko: Mobile Banking and Payments in India by Sunil Gupta, Rachna Tahilyani
In 2013, a new financial services authority, the Otoritas Jasa Keuangan (OJK), took over responsibility for regulating capital markets and non-bank financial institutions in Indonesia. OJK was scheduled to take over bank regulation and supervision from the central bank, Bank Indonesia, in 2014. At a time when there was no global consensus on the optimality of separating monetary policy from bank supervision, the creation of the OJK raised many questions. Would the OJK better prepare Indonesia to deal with financial crises? Could an organization whose leaders came from Indonesia's existing economic bureaucracies remain independent of those organizations and from political pressures? Was the creation of the OJK the correct response to public dissatisfaction with Bank Indonesia's handling of the Asian financial crisis and subsequent corruption scandals?

Keywords:
Commercial banks, Marketing, National Stock Exchange of India, Eko Mobile Banking and Payments in India Case Solution

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