RBI, Artificial Intelligence, Machine Learning and MNCs â Dangerous proposal â Must be dropped
When RBI is refusing to disclose details of borrowers whose loans are written off except in the case..
When RBI is refusing to disclose details of borrowers whose loans are written off except in the case..
RBI is the regulator and supervisor of the monetary system. Its objectives are, to maintain public confidence in the system, protect depositorsâ interests and provide cost-effective banking services to the public. Its roles are...
When the Nobel Prize in Economics is awarded to economists for their work on âwhy banks should not be allowed to fail,â the Union Government announced an Expression of Interest in selling IDBI Bank.
Since FY20, banks are giving more personal loans than loans to industry, particularly to large industry, and the growth in personal loans is even more dramatic
Last year, a retired scientist received a call purportedly from SBI informing him that his account is blocked for non-compliance of KYC. They sent him a password to be shared with the caller. He...
âBanking is a very good business if you don't do anything dumb,â goes an anonymous quote.
Everything that can go wrong is going wrong with the big-ticket âreformâ Insolvency and Bankruptcy Code (IBC) of 2016, which was sold as the panacea for stressed asset resolutions (NPAs).
Our countryâs constitution talks of equality, equal opportunity and social justice. Â But unfortunately, even after 74 years, we lag behind in social security.
âIt would be difficult to undertake credit planning unless the linked control of Industry and Banks in the hands is snapped by Nationalisation of Banks,â said R K Hazari in the R K Hazari...
In its reckless privatisation drive, the union government is selling Central Electronics Limited (CEL) to Nandal Finance & Leasing Private Limited, an NBFC with a dubious record, owned by a furniture company, with less...
Today Google Pay (G-Pay) owned by Google, PhonePe owned by Walmart, PayTm owned by Soft Bank and other payment apps have taken over money transfers. As per the report of the National Payment Corporation...
Indian banks and financial institutions are lagging behind international financial institutions in helping control the climate crisis, research shows.
The Finance Minister has stated that she is not selling family silver but strengthening it. Is it true? Department of Investment and Public Asset Management (DIPAM) states that four major areas of its work...
âCall the dog mad and shoot itâ was the old slogan. The present slogan is, âpoison the dog, make it look like mad and shoot itâ. The governments have done exactly the same with...
Almost all financial newspapers have informed that 3-5 banks and 3 general insurance companies are going to be privatized. They have indicated that Bank of India, Indian Overseas Bank, UCO Bank, Punjab and Sind...