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Blogs

Harish conducts a road safety assessment of eight schools in Chennai and highlights the hurdles faced by children daily.

What is trans fat and why is it a silent killer? This blog explains how trans fat came to be produced and how it can affect your health.

How safe is user data in the smart-product world? Extensive use of smart products can make users vulnerable to data theft. Read on to learn how you can try and secure your data by following some good practices.

 

This blog explores the overarching connections between banks levying various charges for services, the advent of Payments Banks, and the subsequent demonetisation drive administered to curb black money and counterfeit currency thereby boosting digital transactions in the name of transparency.

NPAs in farm loans have increased by 900% compared to 483% increase in overall NPAs. Clearly, any further increase in collateral free loans will add to these NPAs. Further, the limit increase, that too just before general elections 2019, cannot be considered a coincidence.

This blog sums up the results for Dec 2018 round (latest available as on 21 Feb 2019) of the Consumer Confidence Survey: (a) Consumer confidence index shows negative sentiment; and (b) economic situation, price level, and employment depict negative sentiment.

In 2018, Chennai South Consumer Forum has resolved just 8 cases out of total pending 2363 cases. The number of cases filed every year is almost constant around; 420-475 for past 5 years, so 2363 is the result of a sharp decline in the efficiency of the forum over the years!  

The Insurance Ombudsman plays a vital role in grievance redressal and mediating a settlement for both parties. With only one Ombudsman office in Chennai and the increasing number of complaints, there is an urgent need to set up more Ombudsman offices.

This blog summarises the third and fourth session of the Consumer Guidance Seminar on Banking Services held in February 2018. The session on the effectiveness of RBI guidelines covered a discussion on the role of RBI in the monetary policy but also the maintenance of financial stability. The fourth session included case studies on digital security issues in the banking sector. 

The second session of the Consumer Guidance Seminar was on the Financial Resolution and Deposit Insurance (FRDI) Bill. The FRDI Bill aims to monitor financial institutions by establishing the Resolution Corporation (RC) to help streamline banks and financial institutions in the event of financial crisis.