Banking




PNB Fraud

Lessons from the PNB Fraud

The recent Punjab National Bank (PNB) episode highlights the need for effective internal controls in the banking system and swift action by the regulators, law enforcing agencies and the government….




Mobiles

Mobiles may make banks extinct

The mobile phone is now being used for small-time financial activities, such as information on prices, billing settlements, etc. We have service providers like Air Tel/Jio providing internet-based TV channels…


Big Banks

The Craze for Big Banks

Now the clamor is for big, bigger and biggest. Particularly in the banking sector. After the merger of subsidiaries with SBI, there is a talk of merging other banks. The…