'Breaking down silos and ensuring a more integrated governance process is just as important to performance.' 'It has been a major priority in the last six years, especially in national security,' External Affairs Minister Dr Subrahmanyam Jaishankar points out when delivering the Sardar Patel Memorial Lecture-2020: India and the Post-Covid World.
He stressed that reform for him was just a way station on the long journey to the destination and the destination is the transformation of India.
'Install the app for yourself and your family.' 'Make sure that everybody you come in contact with on a daily basis -- your drivers, your maids, your colleagues at work -- make sure they too are using the app.' 'Also encourage people who carry some influence, like office managers, to convince their employees to do the same.' 'This only helps in improving your safety levels.'
Stocks such as ICICI Bank, Axis Bank, State Bank of India, Bank of Baroda and HDFC Bank are among the top banking picks of analysts for 2017. A decline in cost of funds and treasury gains are expected to help stabilise their net interest margins
'Implementation of GST would lead to the growth story of India'.
It's seen as a signal that he wants to engage with India Inc at a time when the economy has started looking up.
Prime Minister Manmohan Singh and UPA Chairperson Sonia Gandhi will inaugurate country's first all-women Bharatiya Mahila Bank in Mumbai on November 19, the birth anniversary of former Prime Minister Indira Gandhi.
RBI may revise remuneration for banks.
The bench said that Aadhaar may pass the test of 'legitimate state interest', but the doctrine of proportionality has to be satisfied.
At present, 58 per cent of the population has bank account.
BJP on Thursday said while claiming the exercise had brought back "hope" into the economy by charting a roadmap for the country's economic resurgence.
FM says government policies aim to contain inflation, spur growth.
After the Insolvency and Bankruptcy Code came into force, which calls for an auction of assets of loan defaulting entities, recoveries have picked up, said Jaitley.
The PM spoke about financial inclusion.
Indradhanush-II is likely to chart out the process for resolution of non-performing assets.
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Addressing a Ficci-organised banking summit in Mumbai, he at the same time said that it will take several years for the country's banks to achieve the status of a large global bank.
Analysts on Wednesday welcomed the Reserve Bank's decision to grant bank licences to Bandhan and IDFC, but expressed dismay that only two of the over two dozen aspirants made the cut.
Many factors have been identified as key drivers of the inequality between rural and urban areas in China and India.
The Ministry of Information and Broadcasting runs various awareness programmes for the citizens leveraging the Internet and the social media.
Department of Financial Services is regularly emphasising the early issuance of RuPay Debit Cards, e-KYC based account opening, Aadhaar seeding, financial literacy and the progress in survey made.
Challenges abound but innovation is key for new banks inorder to survive.
The Aadhaar-enabled payment system, or AEPS, allows consumers who don't have smartphones or debit cards to perform basic banking transactions like cash deposit, cash withdrawal, intrabank or interbank fund transfer, balance enquiry and obtaining a mini statement through biometric authentication at micro-ATMs.
The apex court observed that the government could not deny benefits to those who did not have not Aadhaar numbers.
55 million people already in the social security net
Listing three such 'unknown knowns', UBS said that these initiatives -- Aadhaar unique identity programme, GST tax reforms and a Dedicated Freight Corridor rail infrastructure project -- are real and their effects will be felt in the foreseeable future irrespective of which political party is in power after the elections.
The cash crunch following demonetisation and transaction fees that do not cover costs are among the reasons why the sector is struggling.
He said it is natural for India to hold its 1st overseas start up event in the Silicon Valley.
The vertical will be based out of Bengaluru.
Each member will separately sign the agreement & it will become effective only after the last member signs the pact.
In his address at a conference of state secretaries, Rajan stressed the need to strengthen state-level coordination committees by ensuring participation, conducting meetings more frequently and sharing quality information among all stakeholders, including state government agencies.
Railway passengers can book their tickets and do shopping using RuPay pre-paid debit cards.
Reserve bank is working with the govt to bring suitable amendments in the statutory provisions
The Indian economy is reviving, helped by positive policy actions.
The payments banks are intended to house transactional accounts for individuals, focusing on payments and remittances.
Last year, FDI cap in insurance was hiked to 49%
There's a long way to go before human beings are replaced by machines -- in banks at least.
The public feels there is a mismatch between what the prime minister says and what happens on the ground, but Narendra Modi continues to enjoy public support.
GPS devices will enable real-time money transactions
Infosys, country's second largest software services firm, has not made any profit on government projects because of red-tapism and other issues, its co-founder N R Narayana Murthy said.
Raghuram Rajan optimistic about passage of GST
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