At State Bank Of India, Bad Loans And Poor Governance Point To A Big Fiasco
SBI’s massive restructuring of standard loans are finally coming home to roost with a vengeance. On February 9, 2018, a sad day dawned in the history of Indian banking. The…
Category: Finance & Banking
‘Tenant Farmers’ Left Out Of ‘Subsidy Scheme’ In Telangana
The state government says it does not know how many tenant farmers there are in Telangana. All land-owning farmers in Telangana will get Rs4,000 per acre to help them with…
Dropping The Idea Of Islamic Banking In India Will Leave Millions Shortchanged
In India, there is an unmet market need for such products. Why can’t it come in the category of another financial product aimed at a niche audience? There is an…
Once Again, Severe Cash Crunch In Banks Of Telangana And Andhra Pradesh, Imposed Unofficial Restrictions On Withdrawals
Once again banks in Telangana and Andhra Pradesh started imposing limits on withdrawals. According to sources, banks put an undeclared restriction on the withdrawals from accounts. The reasons behind such…
Bank Defaulters Use ‘Minor Kin’ To Evade ‘Scrutiny And Recovery’
Some borrowers with no intention of paying back their loans are using their children to conceal their assets from banks during insolvency proceedings, forensic experts told KhabarLive. Forensic investigators said…
Bitcoin, Litecoin, Ethereum Slump: Why The Cryptocurrency Market Lost Heavily?
The cryptocurrency market is suddenly awash in red. Within 24 hours of CoinMarketCap, a leading global index of digital currency prices, adjusting its listed data by removing a group of…
Why Is The Bad Smell About Life Insurance In India?
The very high front incentives are triggering massive mis-selling and fraud in life insurance. I worry that as the unbanked now get into the formal financial system, we are setting…
How The ‘Electoral Bonds’ Works In A Transparent Process?
KhabarLive outlines the new scheme, recalls past attempts at election funding reform in India. The idea of electoral bonds, the government has said, is to evolve a transparent system of…