By S. S. Mundra, Former Deputy Governor, Reserve Bank of India Customers who are financially literate would demand information and thereby play an important role in ensuring transparency among the financial institutions. The transparency in the market encourages institutions to compete on the basis of better products and services and at lower cost. That is […]
By R. Gandhi, Former 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 […]
ICTpost Media Action Vellore: April 21, 2019 Determination and resilience often overshadow any obstacle, including disabilities, paving the way for extraordinary achievements. Those who confront challenges head-on and persistently pursue their goals not only surmount barriers but also become beacons of inspiration for others. The story of individuals like Siddharathan Xavier vividly demonstrates that disabilities […]
By S. S. Mundra, Former 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 that it has failed to be inclusive. Let me tell you that the Indian banking system is not alone in failing the inclusion test. […]
ICTpost Media Action Abrar Ahmed Rajakbhai Vora’s success story is an inspring one , especially with him suffering from a congenital disorder and belonging to a family with a weaker economic background in the district of Viramgam in Gujarat. Before his association with Digital India program, as a village level entrepreneur (VLE), he ran a […]
By Dr Viral V Acharya, Deputy Governor, RBI To build credit models for individuals and small credits, the financier and its modelers are ideally required to know not just outstanding credit for the micro borrowers, but possibly also their entire repayment history and their cash flow fluctuations, so as to tailor the terms of credit […]
By Shaktikanta Das, Governor, Reserve Bank of India Indian economy has witnessed an accelerated pace of domestic reforms in recent years. These reforms include, inter alia, the flexible inflation-targeting monetary policy framework, the Insolvency and Bankruptcy Code (IBC), the Goods and Services Tax (GST) and steps for enhancing foreign investments by liberalising the FDI regime […]
By Harun R Khan, Former Deputy Governor, RBI The inter-linkage of Indian economy with the rest of the world has been growing at a rapid pace, and therefore, global developments influence the domestic economy in a much bigger way than before. Though the spill over effect can take place through multiple channels, it mostly gets […]
By Nivedan Sahani Is the digital information world good for us? The information exchange and availability are getting wireless and the information format is getting smaller in size day by day which enables us to get it anywhere & anytime. If we take the opinion about the digital information impact on our social life, we […]
20 May, 2018; New Delhi Look and you’ll see an exciting landscape emerging in the banking arena. One where there is a billion-strong market actively seeking financial services but remains largely unattended to. These globally distributed prospective customers represent enormous earning potential for banks, but constitute the unbanked. The unbanked are those who do not […]
