Day: April 6, 2023

Clipped from: https://www.business-standard.com/finance/news/no-change-mpc-presses-pause-after-hiking-rate-by-250-bps-since-may-2022-123040600348_1.html RBI governor makes it clear that if required, MPC could hike rates in future meetings In a surprise move, the six-member Monetary Policy

Clipped from: https://www.financialexpress.com/money/sbi-to-pnb-bank-wise-full-list-of-unclaimed-deposits-of-psbs-with-rbi-and-what-it-plans-to-do/3036169/ Unclaimed Bank Deposits in PSBs (Full List): Reserve Bank of India (RBI) has decided to develop a web portal to enable search across

Clipped from: https://www.financialexpress.com/economy/rbi-mpc-decides-to-go-ahead-with-a-hawkish-pause/3036491/ Instead of proceeding with a dovish hike, the RBI surprised the markets with a hawkish pause. Kept rates unchanged and retain the “withdrawal

Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-to-set-up-portal-to-search-across-multiple-banks-for-unclaimed-deposits/article66705716.ece Currently, deposits remaining unclaimed for 10 years in a bank are transferred to the Depositor Education and Awareness Fund maintained by RBI The Reserve

Clipped from: https://www.thehindubusinessline.com/money-and-banking/customers-to-receive-compensation-for-delayed-updationrectification-of-credit-information-rbi/article66705761.ece Customers will receive SMS/ email alerts when credit information companies access credit information The Reserve Bank of India (RBI) on Thursday announced that it will put

Clipped from: https://www.thehindubusinessline.com/info-tech/social-media/snapchat-ai-chatbot-gets-safety-enhancements/article66705683.ece This comes after Snapchat discovered some potential misuse of its chatbot Snapchat has introduced new tools to its AI chatbot — My AI — with

Clipped from: https://www.thehindubusinessline.com/info-tech/microsoft-launches-chatgpt-enabled-security-solution/article66705747.ece Microsoft’s Security Copilot identifies lurking problems, constantly learns Even as coders, academicians, doctors and lawyers are using ChatGPT and other generative AI tools,

Clipped from: https://www.thehindubusinessline.com/money-and-banking/highlights-of-rbis-monetary-policy-statement/article66706077.ece The Reserve Bank of India held its Monetary Policy Committee meeting on Thursday Following are the highlights of RBI’s monetary policy statement: Comments

Clipped from: https://www.thehindubusinessline.com/opinion/rupee-invoicing-of-foreign-trade-has-many-positives/article66703768.ece Apart from lowering transaction costs, greater price transparency and quick settlement time are among the major benefits Rupee invoicing became a buzzword post

Clipped from: https://www.thehindubusinessline.com/opinion/ftp-will-give-a-leg-up-to-exports/article66703727.ece While the Foreign Trade Policy’s focus on easing processes is welcome, there’s a need to improve market intelligence The announcement of the new

Clipped from: https://www.thehindubusinessline.com/opinion/editorial/with-tweaks-rajasthans-health-law-can-be-a-model/article66702830.ece The significance of the Right to Healthcare Act should be seen in the national context, where money spent by people on healthcare is

Clipped from: https://www.thehindubusinessline.com/opinion/move-microloans-to-formal-sector-be-it-banks-or-mfis/article66703626.ece Microfinance has enormous potential for transforming the lives of the poor A 13th century Telugu quatrain from Sumati Satakam mentions, “One should live

Clipped from: https://www.thehindubusinessline.com/opinion/apex-court-googly-on-bank-fraud/article66703476.ece Allowing the borrower to present his case may bring in the human element and delay the fraud recognition process Exceptions should never be

Clipped from: https://www.thehindubusinessline.com/opinion/accounting-challenges/article66703593.ece MCA’s disclosure norms raise ‘material’ questions On March 31, 2023, the Ministry of Corporate Affairs (MCA) announced some changes to the Indian Accounting

Clipped from: https://www.thehindubusinessline.com/money-and-banking/banks-q4-provisional-figures-reflect-sustained-credit-demand-in-q4-fy23/article66703498.ece Deposit accretion also maintains momentum, with most major lenders reporting over 15% growth Provisional figures for Q4 FY23 released by banks and non-banking finance

Clipped from: https://www.thehindubusinessline.com/money-and-banking/irdai-gives-boost-to-innovation-with-monthly-review-of-experimental-products/article66702480.ece This is part of the reforms IRDAI has brought in norms pertaining to Regulatory Sandbox In a major boost to innovation in insurance,

Clipped from: https://www.thehindubusinessline.com/news/real-estate/maharera-issues-show-cause-notices-to-16000-developers-for-failure-to-update-project-details/article66702054.ece MahaRERA has given the promoters another 15 days in which to respond and comply or face action, which includes cancelling project registration and

Clipped from: https://www.thehindubusinessline.com/info-tech/domestic-start-ups-cry-foul-over-proposed-google-plays-payments-policy-changes/article66703589.ece Allege that tech giant would still pocket 11-26 per cent of Indian start-up revenues without rendering any meaningful service; start-ups rue absence of