-PTI MUMBAI: Reserve Bank will soon come out with final guidelines on customer protection which would limit customers liability in case of unauthorised electronic banking transactions, RBI deputy governor S S Mundra said on Tuesday. Last year in August, RBI had issued draft circular on limiting liability of customers in case on fraudulent banking transactions, resulting in debits to their accounts or cards. RBI had asked comments and suggestions on the same. "Based...
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Government to step up mergers in PSU banks: Arun Jaitley
-The Times of India NEW DELHI: The Centre will pursue more mergers in the state-run banking space as the aim is to have a handful of strong and bigger banks of international level, finance minister Arun Jaitley has said. "Today banking is not what it used to be 10-20 years ago... Is it necessary to have 30-32 public sector banks, some of them weak? Obviously not. What will you do with...
More »Beyond bull: Why new restriction on cow slaughter will hurt India -Kunal Pradhan
-Hindustan Times When the Government of India issued an ‘extraordinary’ notification on Tuesday, restricting the sale of cattle for slaughter in animal markets and imposing rules that put a majority of the country’s animal markets in danger, it willy-nilly hit much more than the meat industry. New Delhi: It is easy to frame rules banning the slaughter of the cow, its progeny, its distant cousin the water buffalo, and its passing acquaintance...
More »Farm policy: Dis-ease of doing the business of agriculture -Pravesh Sharma
-The Indian Express As the Modi government completes three years, here are three potentially game-changing steps it could now take to harness the sector’s unrealised potential Amidst the predictable tidal wave of opinion pieces to mark the Narendra Modi government’s third anniversary, one little event last week squeezed its way into the inside pages of a few newspapers. This was a call for a “farm strike” in Maharashtra from June 1,...
More »Publishers fear red tape, censorship, Govt gets a warning -Ritika Chopra
-The Indian Express New and tough rules on ISBN prompt global body to react THE HRD Ministry risks losing its role of distributing International Standard Book Numbers (ISBNs) to publishers in India amid complaints of red-tapism and fears of censorship by the government. On March 29, in a letter sent to Minister of State for HRD Mahendra Nath Pandey, the ISBN International Agency warned that it is “seriously considering” revoking the...
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