https://www.financialexpress.com/business/banking-finance-sbi-cracks-down-on-dormant-accounts-to-curb-cyber-frauds-4369227 By Abhijit Lele State Bank of India (SBI), the country’s largest lender, plans to close inoperative savings accounts with zero balances to curb cyber
Central Bank of India clarifies all accounts are safe after reports of 187 unauthorised transactions worth Rs 13.97 crore
Read more at:https://economictimes.indiatimes.com/wealth/save/central-bank-of-india-clarifies-all-accounts-are-safe-after-reports-of-187-unauthorised-transactions-worth-rs-13-97-crore/articleshow/135206556.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst Central Bank of India has clarified that no customer accounts were affected by the unauthorised RTGS transactions reported in the media. The
SBI’s Setty sees 50 bps more rate hikes, says retail loan quality unlikely to suffer
Read more at:https://economictimes.indiatimes.com/industry/banking/finance/banking/sbis-setty-sees-50-bps-more-rate-hikes-says-retail-loan-quality-unlikely-to-suffer/articleshow/135209277.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst https://economictimes.indiatimes.com/industry/banking/finance/banking/sbis-setty-sees-50-bps-more-rate-hikes-says-retail-loan-quality-unlikely-to-suffer/articleshow/135209277.cms State Bank of India chairman CS Setty noted that upcoming rate hikes could affect discretionary consumption demand. He highlighted that retail
Don’t bank on RBI alone: The investor protection gap in India’s banking system
Read more at:https://economictimes.indiatimes.com/opinion/et-commentary/dont-bank-on-rbi-alone-the-investor-protection-gap-in-indias-banking-system/articleshow/135195341.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst RBI tightly regulates commercial banks and mandates their listing to improve transparency. But while it prioritises depositors’ interests over those of investors,
How to protect yourself from suspicious messages and scams o ..
‘Don’t assume FCNR money is untouched’: ISB professor flags RBI’s $200 billion exposure
https://www.businesstoday.in/industry/banks/story/dont-assume-fcnr-money-is-untouched-isb-professor-flags-rbis-200-billion-exposure-563503-2026-10-25 His proposal comes as India’s forex reserves have fallen to $721.016 billion, down nearly $65 billion from their September peak, following record inflows through
Property inheritance without a Will: When can a release deed be required in case of Intestate succession?
Read more at:https://economictimes.indiatimes.com/wealth/legal/will/property-inheritance-without-a-will-when-can-a-release-deed-be-required-in-case-of-intestate-succession/articleshow/135146365.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst When someone with significant assets passes away, their legal heirs like sons and daughters usually have the first claim to these assets
No USA tax credit denial for not filing Form 67: ITAT
No USA tax credit denial for not filing Form 67: ITAT https://economictimes.indiatimes.com/wealth/tax/rs-1-79-lakh-us-tax-credit-under-india-us-dtaa-denied-over-late-form-67-filing-itat-bangalore-rules-in-mans-favour/articleshow/135146744.cms Download Economic Times App to stay updated with Business News – https://etnews.sng.link/Ey2lz/f5cg/kq9f
Across the Aisle by P Chidambaram: Freedom, food and fuel
https://www.financialexpress.com/opinion/across-the-aisle-by-p-chidambaram-freedom-food-and-fuel/4368881/?ref=hometop_hp When people are deprived of freedom or food or fuel or any other dire necessity, they will rise in protest. Currently, there are massive
eMudhra faces a bigger test of public trust after security lapse
Read more at:https://economictimes.indiatimes.com/ai/ai-insights/emudhra-faces-a-bigger-test-of-public-trust-after-security-lapse/articleshow/135165282.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst This week, eMudhra withdrew from its global website certificate business after an anonymous researcher named “Wayne” flagged weak private keys associated with
Property inheritance without a Will: When can a release deed be required in case of Intestate succession?
Read more at:https://economictimes.indiatimes.com/wealth/legal/will/property-inheritance-without-a-will-when-can-a-release-deed-be-required-in-case-of-intestate-succession/articleshow/135146365.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst When someone with significant assets passes away, their legal heirs like sons and daughters usually have the first claim to these assets
India’s emerging sectors to drive capex, credit demand towards storage, semiconductors:
https://www.thehindubusinessline.com/economy/indias-emerging-sectors-to-drive-capex-credit-demand-towards-storage-semiconductors-report/article71619469.ece Financing demand in India’s emerging sectors is expected to shift towards battery storage, semiconductor packaging, green hydrogen projects with assured buyers and defence suppliers
Future surprise
https://www.thehindubusinessline.com/opinion/editorial/future-surprise/article71615344.ece For over two years now, the financial world has placed its AI bets on US, South Korea and Taiwan in particular. This has hurt
*******I-T likely to send notices over undisclosed foreign property
https://economictimes.indiatimes.com/industry/banking/finance/income-tax-department-targets-undisclosed-foreign-properties-of-indian-residents/articleshow/135126229.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst The Income-Tax Department will send notices to resident Indians regarding undisclosed foreign properties. Information was obtained through spontaneous exchanges and prior investigations into overseas
SBI weighs data leak impact, alerts cyber cover provider
Read more at:https://economictimes.indiatimes.com/industry/banking/finance/banking/sbi-weighs-data-leak-impact-alerts-cyber-cover-provider/articleshow/135126649.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst MUMBAI: State Bank of India has informed its insurer about a suspected data breach and is assessing the extent of the incident
*eMudhra’s security lapse highlights need for homegrown technology to meet global standards
Read more at:https://economictimes.indiatimes.com/opinion/et-commentary/emudhras-security-lapse-highlights-need-for-homegrown-technology-to-meet-global-standards/articleshow/135154366.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst The eMudhra private-key leak should concern India for reasons beyond technical failure. Eight intermediate certification authority keys were found to have been
