Modi govt’s Mudra scheme adds concerns for banks; here’s what RBI points out

November 28, 2019

Reserve Bank of India Deputy Governor MK Jain on Tuesday warned bankers about the growing stress in Mudra (Micro Units Development and Refinance Agency Ltd) loans and asked them to monitor such loans closely as unsustainable credit growth in the sector can risk the system. “Mudra loans are a case in point. While such a massive push would have lifted many beneficiaries out of poverty, there has been some concerns…

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Over 130 Crore Indians Have Aadhaar Card, And Most Of Them Believe Their Data Is Safe

November 28, 2019

Aadhar has become one of the most crucial documents that one needs to have to get anything done in this country. And it has been surrounded by its fair share of controversies — specifically pertaining to data leaks. However, a recent report reveals that people trust their biometric and Aadhaar data is safe. This is quite remarkable despite several instances of Aadhaar data being hacked and stolen, and government’s silly…

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