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Technology is a great enabler in Indian Banking

Technology is a great enabler in Indian Banking

By S. S. Mundra, Deputy Governor, Reserve Bank of India I would begin by quoting Brett King, the author of famous book ‘Bank 3.0’. “Customers don’t use channel or products…

Taking on cyber threats in Indian Banking – The Sensible way

Taking on cyber threats in Indian Banking – The Sensible way

 By  Harun R Khan, Deputy Governor, Reserve Bank of India For the financial sector specifically, there is a need to look into the extant IT environment, since there is a feeling…

Why one should adopt FOSS at all?

Why one should adopt FOSS at all?

By Mr. M. K. Yadava  The Free and Open Source Software (FOSS) movement to me means adoption of GNU/Linux based computing devices and systems in all walks of life –…

International World Summit Award calls for outstanding digital applications with impact on society from 178 UN member states

International World Summit Award calls for outstanding digital applications with impact on society from 178 UN member states

WORLD SUMMIT AWARD APPLICATIONS OPEN FOR THE 2017 SELECTION OF DIGITAL CHANGEMAKERS WITH IMPACT ON SOCIETY Salzburg, May 4 2017 – UN based WSA calls for applications. All digital products with impact on…

CSCs to provide Digital Financial literacy and service enablement in rural India

CSCs to provide Digital Financial literacy and service enablement in rural India

New Delhi, November 30, 2016: Common Services Centers (CSCs), under the Ministry of Electronics & IT, have been entrusted with the task of providing digital financial literacy training and enabling…

Financial Exclusion in India: Dimension of the problem

Financial Exclusion in India: Dimension of the problem

By S. S. Mundra, Deputy Governor, Reserve Bank of India An accusation that has come to be levied against the banking sector in the aftermath of the Financial Crisis is…

It’s time for the electric grid to smarten up in India

It’s time for the electric grid to smarten up in India

 New Delhi: September 5, 2016 In general, the smart grid is still a foreign concept for most Indian consumers. A study from McKinsey estimated that the smart grid has the…

Financial Literacy as a facilitator of Financial Inclusion

Financial Literacy as a facilitator of Financial Inclusion

By S. S. Mundra, Deputy Governor, Reserve Bank of India As financial markets are becoming increasingly complex with serious problems of information asymmetry, the need for financial literacy and education…

N = all ….An Impending Big Data Era

N = all ….An Impending Big Data Era

By Sanjay Jaju While I force my fingers on the keypad of my laptop typing this piece, I can’t remain oblivious to the fact that while doing so I am…

Digitise all payments to and from the government

Digitise all payments to and from the government

Nachiket Mor Committe Report on Financial Inclusion India has a rich and diverse payments infrastructure in place already. A number of measures have been taken by RBI to ―activate‖ this…

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