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Wednesday, September 28, 2016

Sep 28, 2016 - PSBs asked to use NEIN database to check antecedents of economic offenders

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Sree Vijaykumar
Sree Vijaykumar
From the Editor's Desk
China has tried to force innovation by creating creative clusters, with lavish investments in real estate and infrastructure. However, a combination of factors, including unrealistic expectations and a culture of secrecy due to fierce competition have led to failure in creation of true innovation centers. Urban theorist Richard Florida argues that creative workers look for a combination of factors when they choose a place to live that boil down to three Ts: technology, talent, and tolerance. Well, we have plenty of the 3 Ts in India. Now if only I can travel from Jogeshwari to Andheri in less than 1 hour.

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PSBs asked to use NEIN database to check antecedents of economic offenders

Public sector lenders have been asked to use the National Economic Intelligence Network (NEIN) database to check the antecedents of borrowers.




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