THE Lok Sabha last week passed a slew of amendments to the banking laws, by bringing in as many as 19 amendments to the existing pieces of legislation governing the banking system, including that of the RBI Act. But of the 19 changes introduced, just two of them go a long way in the real service of the common manâthose dealing with the inoperative accounts and the unclaimed deposits in banks which together add up to more than a â¹1 lakh crore, and those governing the nomination facilities at banks.
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quick recall An Indian perspective
Mahendra Gokaraju, who took the SAT in India before heading to Boston College, Massachusetts, talks to Varsha Sagi about how this change could impact Indian aspirants navigating a pen-and-paper system
Three-star Blasters down Mohammedan
KERALA Blasters FC players delighted the home crowd to record a dominant 3-0 win over Mohammedan SC in the Indian Super League at the Jawaharlal Nehru Stadium here on Sunday.
The making of fast bowler Boland: Cult hero of MCG
ON a hot Saturday afternoon at the AH Butler Oval, Frankston Peninsula Cricket Club was playing against Camberwell Magpies Cricket Club in the local game on the outskirts of Melbourne.
Man Utd humiliated, Chelsea held
MANCHESTER UNITED crashed to a humiliating 3-0 home defeat to Bournemouth in the Premier League on Sunday as Ruben Amorim lost for the fourth time in his nine games in charge of the troubled Old Trafford club while Chelsea were held to a goalless draw at Everton.
Mandhana climbs another mountain as India beat West Indies
THERE is a famous bridge that connects the city of Sangli with the rest of the world on the river Krishna called Irwin Bridge.
Nat'l badminton: Unseeded Adarshini enters semifinals
TAMIL NADU'S Sathish Kumar K, who's the No 1 seed, and Adarshini Shri NB entered the semifinals of the Senior National Badminton Championships in Bengaluru.
KNOW LINEAR AND LATERAL THINKING
As a result of geopolitical tensions, scheduled general elections in India during the mid-year and in the USA towards the end of the year as well as valuations that had sky-rocketed, volatility during 2024 was anticipated by many of us.
IS ALGORITHMIC TRADING FOR YOU?
TECHNOLOGY should expand the scope of human skills. There are things that you can do yourself using your skills. You can use technology to support your skills and create something even more potent than before.
Credit card defaults could hurt you badly now
With SC rejecting 30% cap on credit card interest rates, card issuers will now have more flexibility to set rates
Banks' profits spike in first 9 mths of 2024
BANKS have raked in as much as â¹2.7 lakh crore in net income in the first nine months of 2024. Going by all indications, public sector lenders are set to overtake their private sector peers in the profitability sweepstake this year.