RBI doing a ‘deep dive’ into biz models of banks to gauge risk build-up: Governor
Synopsis RBI’s supervisory system has been overhauled in recent years through a unified and harmonised approach for commercial banks, non-banking finance companies, and urban cooperative banks. “The focus is now more on identifying the root cause of vulnerabilities, rather than dealing with the symptoms alone,”…
What ISRO is doing to boost the use of NavIC, India’s version of GPS
To promote the use of ‘NAVigation with the Indian Constellation’ (NavIC), the Indian version of GPS, the Indian Space Research Organisation (ISRO) will introduce the L1 frequency in all its future satellites, Jitendra Singh, Union Minister of State for the Department of Space, said in…
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