Financial Services Can Be More Humane
Tremendous efforts have gone into creating new authoritiessuch as the Central Consumer Protection Authority.
India’s proposed data protection regulator needs strong safeguards
By Malavika Raghavan & Srikara PrasadOn August 30, Paytm Mall allegedly suffered a massive data breach after being targeted of a group of hackers. The allegations were made by Cyble, a US cyber-risk intelligence firm. These were immediately denied by Paytm Mall, which, in turn, threatened to take legal action against Cyble. Meanwhile, customers and vendors have no way of verifying whether a breach occurred, or if their data has been compromised,
NBFCs’ collection efficiency takes a hit post demonetisation
Govt needs to revisit priority sector lending policy for more effective financial inclusion
There has been much discussion recently about the distorting nature of various indirect subsidies such as those being offered via price controls on fuel and fertiliser.
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https://economictimes.indiatimes.com/opinion/et-commentary/govt-needs-to-revisit-priority-sector-lending-policy-for-more-effective-financial-inclusion/articleshow/17685747.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst