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BLOCKCHAIN REVOLUTION

Yes it is True…..India’s First Blockchain based network went live last week, wherein three online bill discounting exchange platforms came together and implemented a solution for their operations. The three platforms that offer Trade Receivables Discounting System or TReDS are Receivables Exchange of India, A.TReDS and M1xchange who implemented the system in the enterprise financial

BLOCKCHAIN REVOLUTION

Yes it is True…..India’s First Blockchain based network went live last week, wherein three online bill discounting exchange platforms came together and implemented a solution for their operations. The three platforms that offer Trade Receivables Discounting System or TReDS are Receivables Exchange of India, A.TReDS and M1xchange who implemented the system in the enterprise financial

How to Generate Aadhaar Virtual ID?

All the Aadhaar card holders can avail the Aadhaar Virtual ID by visiting the UIDAI’s website. The 16 -digit number will be valid for a certain period of time. Users can give the Virtual IDs along with the fingerprint at the time of authentication. Below mentioned are the 9 simple steps that will guide you

How to Generate Aadhaar Virtual ID?

All the Aadhaar card holders can avail the Aadhaar Virtual ID by visiting the UIDAI’s website. The 16 -digit number will be valid for a certain period of time. Users can give the Virtual IDs along with the fingerprint at the time of authentication. Below mentioned are the 9 simple steps that will guide you

A case study on Videocon Group of Advances

Videocon gets Rs 3250-cr loan from ICICI Bank, bank CEO’s husband gets sweet deal from Venugopal Dhoot Promoter Venugopal Dhoot forms JV with Chanda Kochhar’s husband, loans Rs 64 crore, then hands him ownership of lending entity for Rs 9 lakh; ICICI Bank declares Videocon account NPA. CASE: In December 2008, Venugopal Dhoot of the Videocon Group set

A case study on Videocon Group of Advances

Videocon gets Rs 3250-cr loan from ICICI Bank, bank CEO’s husband gets sweet deal from Venugopal Dhoot Promoter Venugopal Dhoot forms JV with Chanda Kochhar’s husband, loans Rs 64 crore, then hands him ownership of lending entity for Rs 9 lakh; ICICI Bank declares Videocon account NPA. CASE: In December 2008, Venugopal Dhoot of the Videocon Group set

PSBs TO RATIONALISE OVERSEAS OPERATIONS

Public Sector Banks have now come out with a proposal to rationalise overseas operations, through consolidation of 35 operations and thus close down non viable branches as part of the clean and accountable banking initiatives.  Following are the bodies that would be consolidated: Bank branches Remittance Centres and Representative offices. The proposal will be taken

PSBs TO RATIONALISE OVERSEAS OPERATIONS

Public Sector Banks have now come out with a proposal to rationalise overseas operations, through consolidation of 35 operations and thus close down non viable branches as part of the clean and accountable banking initiatives.  Following are the bodies that would be consolidated: Bank branches Remittance Centres and Representative offices. The proposal will be taken

Another Banking Fraud?????

Yes.. it it true.  The largest State Owned bank in the country the State Bank of India, has come out with a fraud case of Kanishk Gold, a Chennai based jeweller of defrauding 14 banks including the bank in the recent fraud news Punjab National Bank.  The total amount is said to be Rs. 824

Another Banking Fraud?????

Yes.. it it true.  The largest State Owned bank in the country the State Bank of India, has come out with a fraud case of Kanishk Gold, a Chennai based jeweller of defrauding 14 banks including the bank in the recent fraud news Punjab National Bank.  The total amount is said to be Rs. 824