Can't let big biz into banking yet
The New Indian Express Madurai|December 15, 2024
Reserve Bank needs to take extra care when it comes to digital lenders, says KV Kamath
BENN KOCHUVEEDAN @ Mumbai
Can't let big biz into banking yet

KUNDAPUR Vaman Kamath, the veteran banker who led the rapid growth of ICICI Bank and helmed it for nearly two decades from its inception and made the largest private sector lender within few years, has spoken against allowing corporate houses into banking space, saying the regulator has to be satisfied that they will not misuse public deposits through the backdoor.

Kamath, who also headed New Development Bank, the developmental bank floated by the BRICS groups as its first chairman, said the Reserve Bank needs to take extra care when it comes to digital lenders, saying there are more than enough signs of rash behaviour by them.

هذه القصة مأخوذة من طبعة December 15, 2024 من The New Indian Express Madurai.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة December 15, 2024 من The New Indian Express Madurai.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

المزيد من القصص من THE NEW INDIAN EXPRESS MADURAI مشاهدة الكل
The New Indian Express Madurai

I Know How to Play Real Characters

Jennifer Lopez speaks to Katie Ellis on how Unstoppable made her realise that she can overcome anything in life

time-read
3 mins  |
December 22, 2024
The New Indian Express Madurai

Of Our Non-violent Ancestors

Pattanaik provides a comprehensive insight into the mysterious world of the Harappan civilisation

time-read
1 min  |
December 22, 2024
The New Indian Express Madurai

The Corrosive Power of Pride

Pride fosters a sense of superiority that harms relationships, distorts the mind, and impedes personal and spiritual growth

time-read
1 min  |
December 22, 2024
The New Indian Express Madurai

Market on the Sands

The Rathgama Wella Fish Market

time-read
2 mins  |
December 22, 2024
The New Indian Express Madurai

Market on the Sands

The Rathgama Wella Fish Market

time-read
1 min  |
December 22, 2024
The New Indian Express Madurai

Stop Inane and Diversionary Debates, and Focus on What Really Matters

Acute Angle

time-read
4 mins  |
December 22, 2024
The New Indian Express Madurai

Stepping Across the Worry Lines

The Raghu Dixit Project launches a new album Shakkar as a vernacular statement about India and diversity

time-read
3 mins  |
December 22, 2024
The New Indian Express Madurai

Every Woman's Brushstrokes

A beautiful blue and pink-hued sky surrounded by lush greenery. Within this is a tree with specks of orange and yellow, besides which is a bed where a woman is sleeping her flowing tresses falling into the foliage.

time-read
1 min  |
December 22, 2024
The New Indian Express Madurai

Untangled Threads He Weaves

An embroiderer who grew up poor is a celebrity in demand with collectors and artists

time-read
2 mins  |
December 22, 2024
The New Indian Express Madurai

Untangled Threads He Weaves

An embroiderer who grew up poor is a celebrity in demand with collectors and artists

time-read
1 min  |
December 22, 2024