By S. S. Mundra, Deputy Governor, RBI With a view to strengthen the reach and scope of credit delivery mechanism for small entrepreneurs and businesses, RBI has recently issued in-principle approvals for setting up of 10 Small Finance Banks (SFBs). The SFBs are mandated to extend 75 per cent of their Adjusted Net Bank Credit […]
ICTpost Social Media Bureau Nine of 10 (or about 88%) online consumers in India share content on social media sites compared to 71% globally, according to a survey report. The survey was conducted by Ipsos, a market and opinion research firm, which polled 18,150 respondents globally. Social media platforms have transformed engagement in all areas […]
By R. Gandhi, Deputy Governor , RBI We have been focusing our attention on developing the payment systems in the country for the past thirty five years, starting from the computerization of clearing houses way back in early 1980s. Thanks to all these years? efforts, today we have a vibrant, innovating, efficient and secured payment […]
ICTpost Governance Bureau The cost benefit analysis of a particular ICT application requires special discussion. A constant point of debate in all such discussions is; ‘Is there a killer application and if so what is it?’ The ability to offer ICT applications at the door step of the user when it comes to governance or […]
ICTpost Governance Bureau Agriculture has been a way of life and continues to be the single most important livelihood of the masses. Agricultural policy focus in India across decades has been on self-sufficiency and self-reliance in foodgrains production. The share of agriculture in real GDP has fallen given its lower growth rate relative to industry […]
ICTpost Energy Bureau The Internet of Things (IoT) is connecting new places such as manufacturing floors, energy grids, healthcare facilities, and transportation systems to the Internet. When an object can represent itself digitally, it can be controlled from anywhere. This connectivity means more data, gathered from more places, with more ways to increase efficiency and […]
ICTpost Governance Bureau It is claimed that Telecom and Information Technology (IT) sectors are success stories in India. It is true that the growth in India’s tele-density is remarkable. So is our capability for building clever software for export. However, what we forget is the fact that IT and telecom are only means to an […]
ICTpost Governance Bureau Sustainable development, access to services, equal opportunities, safety, governance and citizen participation are some of the key issues administrators of the modern cities face today. The urban population in India is set to grow to 40% as per publicly available estimates. This is going to put a considerable pressure on the infrastructure. […]
ICTpost Governance Bureau Compared to the infancy years for cloud computing alone, the Internet of Things concept is gaining acceptance far quicker, says a report of the Economist’s Intelligence Unit and published by ARM. After surveying 779 senior business leaders from 19 different industries around the world, the Economist revealed that a staggering 75 percent […]
ICTpost Energy Bureau Internet communications, inexpensive sensors, and data analytics are enabling a high-tech, holistic approach to energy efficiency. In the past it was, “How do I design an efficient light?” Now it’s, “How do I design a whole network of efficient lights that talk to one another via Web communications, adjust output automatically, and […]
