Clipped from: https://economictimes.indiatimes.com/news/economy/policy/india-uses-digital-banking-and-biometrics-to-organize-its-1-3-billion-population/articleshow/81478987.cmsSynopsis India’s public digital infrastructure — in many ways, an immense online bureaucracy — is an outlier to this principle. The effort was
Day: March 14, 2021
Community-focused banks face existential crises over a lack of capital cushion and inadequate oversight – The Economic Times
lipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/co-operative-banks-face-existential-crises-over-a-lack-of-capital-cushion-and-inadequate-oversight/articleshow/81485825.cms Synopsis–Currently, community banking only exists in some rudimentary form among cooperative banks. But these too face existential crises. Lack of adequate capital, ill-equipped
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