Facing developments of P2P lending, Pham Tien Dung, director of the Payment Department from the State Bank of Viet Nam, spoke at a recent press conference on the implementation of banking sector tasks this year, saying: “SBV is continuing to monitor the market for appropriate management solutions.” … [Read more...] about P2P lending needs better management to avoid black credit
Public workers credit union online banking
Farmer unions cancel Budget day march to Parliament, but agitation against farm laws to continue
Even as the farmer unions continued to allege that "anti-social" elements had perpetrated the violence to "torpedo" their peaceful agitation against the farm laws, Tuesday's incidents that have been widely condemned started taking a toll with Bharatiya Kisan Union (Bhanu) and All India Kisan Sangharsh Coordination Committee withdrawing from the protests on the Delhi's borders. … [Read more...] about Farmer unions cancel Budget day march to Parliament, but agitation against farm laws to continue
World Data Privacy Day: Industry players share words of wisdom
A lot has been done towards protecting consumers’ data privacy. Alarmed regulators have come out with various guidelines to ensure that companies handle personal data in a more responsible way. 2019, Union IT minister Ravi Shankar Prasad had presented the draft Personal Data Protection Bill, 2019, which proposed to protect citizens’ privacy and put restrictions on use of personal data without their explicit consent. It also proposed a penalty of up to Rs 15 crore and up to three-year jail term for company executives for violating privacy norms. Later in 2020, the Bill was introduced in the Lok Sabah.Recently, the Delhi High Court received a Public Interest Litigation (PIL) seeking to regulate the entry and operations of FinTechs. The litigation asked the court to develop a regulatory framework around the industry. Post which, the court sought replies from the RBI, SEBI, Ministry of Law, Ministry of Finance, and NPCI.And, with the advent of Covid-19 pandemic crisis, the … [Read more...] about World Data Privacy Day: Industry players share words of wisdom
Many companies staying away from investments that generate carbon: Bill Gates
New Delhi/Davos: Many companies have begun taking carbon into account when they make investment decisions and they stay away from investments that are generating carbon, top entrepreneur and industry leader Bill Gates said on Wednesday. At a panel discussion on carbon markets during the World Economic Forum's online Davos Agenda Summit, Gates further said the next big step would be getting people to put their money into things that are provably having a positive impact on the environment. During the same panel discussion, Mike Carney, United Nations Special Envoy for Climate Action and Finance and also Finance Adviser to UK Prime Minister Boris Johnson in the run-up to the COP 26 climate summit in November, said that we have less than a decade of carbon budget to remain within the limits of a 1.5C temperature rise. A voluntary carbon offset market does four things -- Firstly, it's complementary to the company's efforts to reduce absolute emissions, It's also catalytic, not for … [Read more...] about Many companies staying away from investments that generate carbon: Bill Gates
STEPHEN GLOVER: Brexit has cost four Tory Premiers their jobs… but at long last, a sigh of relief
The credit for this outcome must largely go to Boris Johnson. God knows, I have criticised him enough in recent weeks over his mishandling of the pandemic, and in particular for what seemed to me a breach of trust over his promise that there would be a five-day break over Christmas. … [Read more...] about STEPHEN GLOVER: Brexit has cost four Tory Premiers their jobs… but at long last, a sigh of relief