Before we leave, can I please have one photo with you?”he asks while taking a camera out of his pocket and handing it to his friend. “Of course,”I say and I start to move nearer to him. I am typically opposed to random people taking pictures with me and try to discourage it. However, when the ...
An enlightening session of spiritual insights, yoga, meditation and experience sharing was organized by SREI Foundation in association with BrahmaKumaris on 21st June 2017 which was attended by over 700 souls.The program started with a Presentation on International Yoga Day. It displayed ...
Hinduism is the Sanatana Dharma. It is without beginning or end. The Vedas are the source of the Sanatana Dharma. The Divine person –Lord Vishnu was alone. He felt alone. He said, “I am one, let there be many –EkohamBahusyamएकोहमबहुस्याम”The Universe, which wa...
India’s public sector banks are at the crossroads where they are supposed to remain healthy without giving up social responsibilities; they need to undertake risky experiments, yet perform well. India’s banking industry is a study of contrasts; on the one hand it is acting as the growth dr...
The Bank Employees Federation of India (BEFI) is an important stakeholder in the Indian banking system. It acts as a strong pressure group that advocates the interests of bank employees. It has initiated strong pan-Indian movements against job eliminating schemes and has voiced their demand for adeq...
The Modi government is positioned to play hardball over non-performing assets (NPAs). A recent Presidential Ordinance has empowered the Reserve Bank of India (RBI) to enforce expeditious resolution of non-performing assets (NPAs) of banks.According to experts, NPAs are the primary concern for ...
For the last few years “Financial Inclusion” is the buzzword in the Indian Economy and banking circles. Not only India’s policy agenda across the globe, especially, that of the developing Nations talking about this. In simplified terms, financial inclusion refers to facilitate access to form...
IntroductionIndia has a history of financial transactions since the Vedic age. Money was an instrument of care. Manu said “an insensible should deposit his money with a person of good family, of good character, well acquainted with laws….” Lending and saving started when humans started m...
Notwithstanding the official figures, the overall stressed assets in the Indian banking system at this point could be as high as `12 trillion, i.e. more than 8% of India’s GDP. The government and Reserve Bank of India (RBI) have been trying to resolve this problem for more than a year now. Q...
In an extensive interview with BE’s Kishore Kumar Biswas, Pawan Bajaj, MD & CEO, United Bank of India, touches on some very important issues the banking industry is facing today. Excerpts follow :Q) How do you see the economic scenario in India?A. With the advanced and emerging economies poise...