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About 6 results for "anup ghosh"

Depositors, don't worry about losing money: Bankers
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Depositors, don't worry about losing money: Bankers

Will the Financial Resolution and Deposit Insurance Bill endanger our bank deposits?Anup Roy finds out. Illustration: Uttam Ghosh/Rediff.com The proposed Financial Resolution and Deposit Insurance Bill would not worsen depositors' plight from what is currently with the present protections in place, say bankers and experts.   Some commentators have suggested that the Bill, currently being examined by a Joint Parliamentary Committee for tabling in the winter session of Parliament, would take ... Rediff.com, 1 week ago
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'We have to transparently define what is fraud and what is wilful default'

'We must take effective steps so that new NPAs are not formed.''You need to also prevent new problems from arising.' Illustration: Uttam Ghosh/Rediff.com K C Chakrabarty, bottom, left, former deputy governor, RBI, talks to Anup Roy on issues in the new bankruptcy law and rules. Excerpts: The new ordinance gives scope for existing promoters to bid in a resolution process. Is that good or bad? Earlier, it was that existing promoters cannot bid. Now, the ordinance says the promoters can bid, if ...
 Rediff.com2 weeks ago

Morning News Call - India, November 17

To access the newsletter, click on the link: http://share.thomsonreuters.com/assets/newsletters/Indiamorning/MNC_IN_11172017.pdf If you would like to receive this newsletter via email, please register at: https://forms.thomsonreuters.com/india-morning/ ...
 Sify3 weeks ago
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DeMo@1: Banks happy as digital activity picks up

While digitisation and automation have made internal processes more efficient, front-end products are being enhanced digitally through robotics, artificial intelligence and botchats. Illustration: Uttam Ghosh/Rediff.com Digital initiatives by banks accelerated in the past year after demonetisation. This was driven by the cash crunch and a government push, resulting in more awareness and adoption of digital products.   “Awareness levels have increased manifold. Now, if we offer the ...
 Rediff.com1 month ago
Rediff.com

Bankers divided over tech vs human touch

There's a long way to go before human beings are replaced by machines -- in banks at least.Anup Roy reports. Banks are relying heavily on technology for retail expansion, but there is a long way to go before human touch and expertise can be replaced by machines, top bankers noted at an industry conference.   In corporate banking, not many functions can be directly relegated on technology alone, as each and every project has a different risk profile and there is no reliable database ...
 Rediff.com1 month ago
Rediff.com

India's $400-billion forex reserves comes at a cost

What the reserves offer for now is improved import coverage of about 13 months, almost double the 2013 level of less than seven months. And, ammunition to arrest a rapid rupee slide, says Anup Roy. India's foreign exchange reserves at over $400 billion look great. But the portfolio flow-driven accumulation comes with a set of uncertainties and challenges. So, economists and currency dealers are not betting on great usage of this wealth. What the reserves offer for now is improved import ...
 Rediff.com2 months ago
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