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Research paper on impact of social media on society

 Introduction: Social media has become an integral part of modern society. It has revolutionized the way people communicate, share information, and interact with each other. Social media platforms such as Facebook, Twitter, Instagram, and YouTube have millions of active users across the globe. While social media has brought numerous benefits, it has also had a significant impact on society. The purpose of this paper is to examine the impact of social media on society. 1. Positive Impact of Social Media: Social media has brought a host of positive impacts to society. One of the most significant benefits is that it has made communication more accessible and convenient. People can now communicate with each other regardless of their location, time zone, or social status. Social media has also enabled people to share information and knowledge quickly and easily. Moreover, it has provided a platform for people to express their opinions, ideas, and creativity freely. Another positive impa...

Loan rescheduling and impact on Banking Essay

THE  central bank  extended a set of new facilities to loan defaulters to give them a fresh lifeline, stoking fears of further deterioration in the banking sector’s financial health. As per the new policy,  #the defaulters will be allowed to reschedule their classified loans by making a down payment of only 2 percent instead of the existing 10-50 percent. #A maximum 9 percent interest will be charged on the rescheduled loans while the existing interest rate is 12-16 percent. #Besides, the tenure for repayment is 10 years with a grace period of one year. #Based on the bank’s relationship with the client, the accrued interest on the defaulted loan can be waived, leaving the defaulter to pay only the principal amount with the new interest rate of 9 percent.  #Businesspeople from wheat, food stuff and edible oil manufacturing sectors, and shipbuilding, ship-breaking, steel and aluminium industries will get the facilities straightaway. Defaulters from the other sectors wi...