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Amid the rush to digitise banking, the news that employees of Bank of Baroda (BoB) tampered with bank accounts to inflate the number of digital users flags serious gaps in banking digitisation and lack of oversight as well as foolproof standard operating procedures.
The Reserve Bank of India (RBI) has instructed Bank of Baroda (BOB) to halt customer onboarding through its BOB World mobile application due to concerns about the acquisition process. Analysts predict that the ban may last for several quarters and could impact the bank's growth in retail product segments, particularly in the digital space.
The Reserve Bank of India has ordered Bank of Baroda that it can not add customers to its mobile application. This comes after reports earlier that the bank's official had linked bank accounts to unrelated mobile numbers as they were under pressure to achieve high targets.
It’s a showstopper. Two bottles of red wine get cooked down to a glossy mahogany butter sauce that stains the spaghetti in addition to flavoring it. Use a very dry red wine that you enjoy drinking, such as a Sangiovese-based wine like Chianti, or Merlot, otherwise the dish will be too sweet. If this is sounding like “eating red wine” to you, don’t worry, it tastes like wine in the way beef bourguignon does, and is acidic yet creamy like our beloved pasta al limone. This recipe is from Montreal’s cozy-cool coffee-pizza-wine restaurant Elena.