banks – An IIJNM Publication

Indore:Bank employees are at risk

April 17, 2020April 17, 2020 Anil Kumar Tiwari432Leave a Comment

Several banks in Indore are not following the circular guidelines issued by the city administration, which mandate more than 50 percent of the employees to work from home. April 17, 2020 Anil Kumar Tiwari On April 3, Manish Singh, Collector Indore met with representatives of Central bank of India (CBI), State Bank of India (SBI), […]

Indore: Banks are not following the defying work from home policy

April 17, 2020April 17, 2020 Anil Kumar Tiwari612Leave a Comment

Several banks in Indore are not following are not following the circular guidelines issued by the city administration , which mandates more than 50 percent of the employees to work from home. Anil Kumar Tiwari April 17,2020 On April 3, Manish Singh, Collector Indore met with representatives of Central bank of India (CBI), State Bank […]

India opts for digital transactions; new users kick in

April 16, 2020April 16, 2020 Neetu Saini258Leave a Comment

Digital newbies are emerging due to severe cash-crunches amid the nationwide lockdown. The last three weeks have seen a 42 percent spike in the digital transactions through apps, reports say. By Neetu Saini The nation-wide lockdown has facilitated a deep penetration of UPI (Unified Payments Interface) apps for monetary transactions in the past few […]

Access to banking facilities, still a dream for Sandur

April 6, 2020April 10, 2020 Pallavi Sharma341Leave a Comment

Lack of awareness about the banking facilities in rural areas makes cashless economy an unarchived dream. The rural population covers about 66% of India’s total population, according to the World Bank. Karnataka covers around 4.5% of the rural population in India, according to the 2011 data provided by Reserve Bank of India (RBI). The people […]

For small farmers, local money lenders bring destruction in disguise.

April 5, 2020April 11, 2020 Vivek Kumar370Leave a Comment

More than one-third of farmers in India take loans from local money lenders and end up bearing the burden of paying interest rate three to four times more than what banks and co-operative societies charge. These farmers do not get the benefits of loan waivers as well. Vivek Kumar MApril 05, 2020 Ningappa, a farmer […]

The hand of usury assaulting rural economy

April 20, 2019April 25, 2019 Shashank Dipankar601Leave a Comment

More than 50 percent of rural credit comes from the informal sector which is a major concern for the rural economy. Bhaskar Mudegowdu, 54, lives in a remote village called Holalu which is 29 kilometres away from the taluk Hoovina Hadagali in Bellary district, north Karnataka. He is a farmer by profession and lives in […]

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