How can banks prevent Nirav Modi-Like scams?

Pnb scam

Background :-

  • Two employees of Punjab National Bank, the second largest public sector bank of India, tie up with Nirav Modi and issued LOUs(Letter of Undertaking) to overseas banks through SWIFT(Society for Worldwide Interbank Financial Telecommunication), without noting this
Read the rest

Status of sports in India

sports India

Why India is performing poorly in sports :-

  • No proper governing of Administrative issues is the prime concern with Indian sports.
  • Non-Involvement of ex-sportsman in administrative staff.
  • Lack of sporting infrastructure.
  • Poor facilities by government.
  • Lack of job security
Read the rest