12 C Investment / Deccan Chronicle
After several years, the Indian banking industry has come under focus because of rising delinquencies in credit cards and unsecured loans and increasing demand for gold loans. However, Jaya Vaidhyanathan, the CEO of BCT Digital remains confident about the strength of the Indian banking sector. Vaidhyanathan is an fintech entrepreneur, whose company developed risk management software modules for the banking industry to red flag issues that could affect the credit portfolio. In her interview with
New Delhi: The changes proposed through the Banking Laws (Amendment) Bill, 2024, will strengthen governance in the sector and enhance customer convenience, Finance Minister Nirmala Sitharaman said on Tuesday. Moving the bill for consideration and passing in the Lok Sabha, the Minister said a total of 19 amendments are being proposed to bring changes in the Reserve Bank of India Act, 1934, the Banking Regulation Act, 1949, the State Bank of India Act, 1955, the Banking Companies (Acquisition and