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Case Comment: Anumati vs Punjab National Bank
Introduction In India, commercial banks offer Fixed Deposit (“FD”) accounts to customers, which are often created in the joint names of two persons, payable to either of them or to the survivor among them. The issue in the present case arose out of a special leave petition against the order of the National Consumer Dispute … Continue reading Case Comment: Anumati vs Punjab National Bank
Read more »M&As in Banking Sector : A Much Viable Strategy
Introduction Mergers and acquisitions (M&As) are the most popular method employed by companies to further their market dominance. Mergers and acquisitions are often regarded as a swift and effective strategy for penetrating new markets and gaining access to cutting-edge technologies. For instance, PNB acquired New Bank of India in 1993. Only one other nationalised bank, other … Continue reading M&As in Banking Sector : A Much Viable Strategy
Read more »RBI’s stance on Digital lending : A New Prospect for Borrowings in India?
Introduction For day to day financial operations, digital banking has recently evolved into a new market in India. The process is simpler in terms of formalities and procedures which have to be completed in order to obtain a loan from a base branch of Bank. With this novel method of developing and offering credit to borrowers, some challenges have emerged … Continue reading RBI’s stance on Digital lending : A New Prospect for Borrowings in India?
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