Indian skills development sector is a world of oddities and extremities. The numbers of challenges here are as much as the opportunities; the difference in the numbers of trainers and untrained individuals is as much as the difference in...
Indian businesses are positive about Egypt. As the Egyptian economy gears up for a revitalized role in the country’s development process it is time for India and Egypt to chart a fresh map of cooperation..
While we do not have the details of the final changes to the land bill as agreed by the Group of Ministers, Mr RV Kanoria shares some of the industry’s concerns at this juncture before the bill is presented...
An extract from the chapter “Roadmap for the Indian Banking Sector” from the book – Contemporary Banking in India, Edited by Naina Lal Kidwai.
Naina Lal Kidwai, Senior Vice President, FICCI at the Ficci Banking Conclave 2012 in Mumbai.
“…….I worry about technology being used to enable financial inclusion because it is a low cost solution. We haven’t quite reached there yet, as it is still not a profitable solution…..
….To use technology alone as the reason to go out into the financial inclusion space is dangerous, because at the end of the day that individual needs relationship management. So we could get into a syndrome where we have a very product-wise approach, and lose sight of what is really critical, which is relationship management.
…….Technology can be a solution in the hands of a banker, but it isn’t relationship, it is just an enabler……..”
Quick Snapshots “While the Government looks at scaling up expenditure on health from the current level to 2.5% of GDP by 2017 and further to 3% by 2022, it cannot singularly be a provider of healthcare. While the aim...