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finalising certain provisions like the ‘bail-in’ clause, which had triggered uproar that forced the legislation to be withdrawn in 2018.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.
Peter Manuel's ‘Cassette Culture’ showed the booming Bhakti music during the '80s and '90s when Anoop Jalota, Gulshan Kumar achieved success by singing the sanitised Bhajans.
Economists say there are weaknesses in India’s GDP data. But statisticians claim the accusations are based on flawed understanding, saying while GDP has problems, the economists are looking in the wrong places.
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