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Tag banks

Why India public sector banks are in a mess

BISWA SWARUP MISHRA. Diversified basket That’s what PSU banks need Lightspring/shutterstock.com Forced to ramp up lending, they lent to dubious big ticket borrowers, while neglecting the retail segment The United Bank of India fiasco once again brings into focus the bloated NPAs… Continue Reading →

Aadhar bank of India #UID

So far banks have not been able to leverage UIDAI. Indeed, if anything, they have found ways of scuttling it Haseeb A. Drabu By now, almost all RRBs have been technologically upgraded and have migrated to a core banking solution… Continue Reading →

#India – Banks refuse loans to Pak-hit Guj fishermen #WTFnews

Wednesday, Aug 14, 2013, 7:38 IST | Place: New Delhi | Agency: DNA Iftikhar Gilani For representational purpose – Naresh Natu/DNA In Gujarat’s Saurashtra region, fishermen are in a Catch-22 situation. With Pakistan’s Maritime Security Agency (MSA) preying on Indian… Continue Reading →

Aadhaar or cards: UIDAI and banks disagree on use of biometric authentication at ATMs

  Sugata Ghosh, ET Bureau | Jul 29, 2013 MUMBAI: Will banks have to spend a fortune to give customers the choice of either putting their finger prints or swiping plastic cards to withdraw money from ATMs and pay for… Continue Reading →

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