'Research shows that customers want their loans instantly.' 'So the team asked can we reduce the time for approval from 5 days to 30 seconds?' 'It took the company two years of hard work to tear apart our operations and processes and rebuild them through fresh ideas and by leveraging technology.' 'We reduced the time of loan approval to 3 hours and another year to get it down to 30 seconds,' Sanjiv Bajaj tells Surajeet Das Gupta.
The prime minister also said that country nurtures a mindset that loudly proclaims that terrorism is justified for political gains.
Alleging that the Congress-led United Progressive Alliance government's mindset has led to "decay" of key institutions including Parliament, the Bharatiya Janata Party on Saturday said it poses a serious issue before the next Lok Sabha as it is threatening the survival of democracy in the country.
'The Indian economy has been subsidised by the poor.'
'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.
'The Mumbai-Pune Olympics will be help shift the country's gaze to a region that denotes a new formula for sports, enterprise, and nation building,' argues Shashank Mani Tripathi.
'Is the appointment of a CDS likely to achieve the creation of battle-ready, tri-service military commands, from the current 17 single-service commands?', asks Ajai Shukla.
Global brokerage firm CLSA is positive on India's growth stroy.
Fragmented polity will make it impossible for India to realise its will because weak governments are unable to take hard decisions, the NSA said.
'The middle class is already alienated.' 'If the stockmarket is destabilised, the BJP is finished; the party will lose in every town.' 'And if the stockmarket crash happens now, the BJP will not cross the 150 mark in 2019.'
'ADR's success is its ability to remain non-partisan for a very long period, sheer professionalism and tenacity, and that makes it one of the good things to happen to our democracy.'
The government last month introduced the GST Bill in Parliament.
'If a 'two-front war' develops, Iron Brother may only turn out to be a drag on the PLA, since Pakistan is in no position to wage a war with India,' argues Ambassador M K Bhadrakumar.
He had said the sector was running on a treadmill of lowering costs
'His contributions in setting up transparent precedents of governance are still basically intact despite the cynicism of several of his successors,' notes Jamini Bhagwati.
For stressed loans, the need is to prevent disruption in cash flows from a systemic perspective, conserving employment and assets in untainted enterprises with the potential for recovery, says Shyam Ponappa.
World Bank's Doing Business Indicators ranks India (out of 189) at 132 for trading across borders.
The initiative is one of the several steps which the government has announced in order to improve ease of doing business in India and attract investments to boost manufacturing in the country
Arundhati Bhattacharya talks about SBI's strategies, its aim to be among the top 30 banks globally, and stressed assets resolution.
"The poor will not suffer disproportionately due to bouts of sharp inflation, and the middle class will not see its savings eroded," Raghuram Rajan said.
Renting start-ups make a killing as millennials fuel sharing economy.
Online shopping is the new buzzword amongst masses.
Hitting out at the Bharatiya Janata Party, the Congress on Tuesday accused it of playing "cheap politics" ahead of Lok Sabha polls on the issue of 1962 India-China war in the wake of a classified report on it being made public, saying it only showed the principal opposition party's mindset.
Taking potshots at Congress, rival Bharatiya Janata Party on Friday claimed that the decision of Finance Minister P Chidambaram to opt out of the Lok Sabha poll race indicated the state of affairs in the party as it was "running away from the contest".
Market experts on why the bulls will be on the rampage first thing on Monday after the scrapping of enhanced surcharge on FPIs and other measures to ease the systemic liquidity squeeze and boost demand. Prasanna D Zore reports.
'The potential of one such LAC engagement going out of control and leading to heavy casualties cannot be ruled out,' warns Lieutenant General Syed Ata Hasnain (retd).
'Today, bankers don't want to take risks as the good decisions taken by them were not protected.' 'There is risk involved in all decisions, like businessmen taking risks in their businesses.' 'A banker must have taken a decision when the economic condition was different, and you cannot question him on the basis of the present situation in hindsight.' 'Naturally, this has affected the morale of bankers.'
'The 2014 Australia tour and the brand of cricket played by the team laid a great foundation of the brilliant run of success enjoyed across all formats and conditions.' 'It also coincided with Virat Kohli enjoying the responsibilities of leading the team and then putting his heart and soul into taking the Indian team to ascend many unconquered summits.'
The solution for railways lay in understanding the strengths of the system,
'The list of things to be done or added or removed will keep growing and it will be a while before the emerging models settle down into lasting structures,' predicts Umesh Shrikhande, CEO, Taproot Dentsu.
"Protectionism is not new. The attention that is given is because there is a political and emotional element to it." TCS COO N G Subramaniam on why his company is optimistic despite global headwinds.
'Some people make the majoritarian argument that a lot of Indians speak Hindi.' 'But where exactly? Is that not relevant?'
'The Chinese mindset and approach to India is far different from that in Pakistan.' 'This reality makes it possible for us to follow an engagement policy with one, while militating against engagement with the other.'
Parle is taking one step at a time as it moves ahead in the pulse biz. Carpet bombing will not work. The company goes slow with Fresh Harvest dal rollout.
You too are likely to have struggled with one or more of these issues if your start-up is less than a year old.
The poor and unbanked can take their rightful place as consumers of financial services only if the Modi government encourages different entities to advance the financial inclusion agenda, say Vikram Gandhi & Chandni Ohri.
Paes, Bhupathi, Saina need to work together for growth of Indian tennis: Becker
At the same time, the chief minister added, "We have decided to review the policy to remove any misconceptions in this regard."
Giving economic aid to Kashmir is like giving TB medicine to a patient suffering from cancer and expecting it to work, says Colonel Anil A Athale (retd).
'We have promised to ensure reduced tax rates.'
