Data shows large public sector banks received highest number of complaints in absolute terms, but fared better than several private banks when looked at on complaints-per-branch basis.
RBI has issued consolidated rules on wilful defaulters, dealing with their definition and treatment, including when the controversial compromise settlement process is involved.
G20 declaration acknowledges cascading economic crises that pose challenges to long-term growth. Suggests framework for development, deployment & governance of digital public infra.
Study by US-based not for profit, Women’s World Banking, finds that lack of regular income, no control over household money, & societal norms make savings a challenge for women.
Months after the system was put in place by the RBI, bigger lenders with more exposure to the dollar are worried their businesses could be disrupted by sanctions from the US & Europe.
Finance ministry in process of finalising certain provisions like the ‘bail-in’ clause, which had triggered uproar that forced the legislation to be withdrawn in 2018.
Bank unions said that services at over 1 lakh branches across India have been impacted. The strike is against the govt's move to privatise two public sector banks.
Matters of defence and foreign policy are important, but the new government must address widespread discontent in the country. This begins with investing in the rural sector.
Bibek Debroy, chairman of Prime Minister’s Economic Advisory Council, also suggested that analysing inequality at the state level might provide a clearer picture of inequality, as a national estimate could be misleading.
Pictures had emerged of Chinese soldiers carrying rifles and iron rods with machete-like heads in the vicinity of India’s forward locations on the southern bank of Pangong Tso in 2020.
Occasional lovers’ tiffs have marked history of RSS-BJP relations. To think that Nagpur will bring about any change in leadership is a misreading of both its intent and its power.
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