Santander is closing 95 branches in the UK, putting 750 jobs at risk due to customers shifting to online banking. The closures will leave the bank with 349 branches, down from 444, with affected areas to be covered by community bankers. Digital transactions have increased by almost two thirds since 2019, leading to the difficult decision to close branches and potentially make 750 staff redundant after consultations with unions.
Full Article
Bureaucracy must be ‘active facilitator’ of growth: PM Modi
SummaryDuring Civil Services Day celebrations, Prime Minister Narendra Modi emphasized the need for bureaucracy to evolve from being mere regulators to active facilitators of growth, as India faces new global opportunities. He urged bureaucrats to leverage technology and accelerate efforts in key sectors to ensure comprehensive and inclusive development, aiming for a poverty-free nation. Modi highlighted the importance of impactful governance, which goes beyond launching schemes to ensuring that they effectively reach and benefit every...
Read more