https://www.thehindubusinessline.com/money-and-banking/only-one-card-network-has-unauthorised-bpsp-operations-rbi/article67850125.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/only-one-card-network-has-unauthorised-bpsp-operations-rbi/article67850125.ece While the central bank did not name the card network, it said that matter is under detailed examination The Reserve Bank of
Day: February 15, 2024
IBBI expert panel bats for specialised insolvency mediation in IBC – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/ibbi-expert-panel-bats-for-specialised-insolvency-mediation-in-ibc/article67850263.ece Clipped from: https://www.thehindubusinessline.com/economy/ibbi-expert-panel-bats-for-specialised-insolvency-mediation-in-ibc/article67850263.ece Suggests phased introduction of voluntary mediation as a complementary dispute resolution mechanism under IBC An IBBI-appointed expert committee headed by former Law Secretary
Leverage diversity for sustained growth – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/leverage-diversity-for-sustained-growth/article67850452.ece Clipped from: https://www.thehindubusinessline.com/opinion/leverage-diversity-for-sustained-growth/article67850452.ece India must ensure social stability, political capital, soft power and demographic dividend are further strengthened India’s rich diversity encompassing linguistic, cultural, religious,
No TDS on minimum guarantee paid by OYO Rooms to hotels: ITAT
https://www.business-standard.com/economy/news/no-tds-on-minimum-guarantee-paid-by-oyo-rooms-to-hotels-itat-124021501615_1.html Clipped from: https://www.business-standard.com/economy/news/no-tds-on-minimum-guarantee-paid-by-oyo-rooms-to-hotels-itat-124021501615_1.html OYO Rooms assures minimum benchmarks, occupancy of hotels and in case such benchmark is exceeded, the service fee is payable by the
Credit growth in India to moderate to 14% in FY25: S&P Global
https://www.business-standard.com/economy/news/credit-growth-in-india-expected-to-moderate-to-14-in-fy25-s-p-global-124021501346_1.html Clipped from: https://www.business-standard.com/economy/news/credit-growth-in-india-expected-to-moderate-to-14-in-fy25-s-p-global-124021501346_1.html If the clash for deposits gets fiercer, Indian banks will take a hit, either with slimmer margins or slower growth, it said
Protection from cybercrime: Cyber frauds – A new-age reality – Opinion News | The Financial Express
https://www.financialexpress.com/opinion/protection-from-cybercrime-cyber-frauds-a-new-age-reality/3394735 Clipped from: https://www.financialexpress.com/opinion/protection-from-cybercrime-cyber-frauds-a-new-age-reality/3394735/ The government, private firms, and users must come together for digital safety The Golden Age of cybercrime has emerged after the advent
Which outstanding tax demands would be withdrawn, as announced by the FM? – Income Tax News | The Financial Express
https://www.financialexpress.com/money/income-tax-which-outstanding-tax-demands-would-be-withdrawn-as-announced-by-the-fm-3395172 Clipped from: https://www.financialexpress.com/money/income-tax-which-outstanding-tax-demands-would-be-withdrawn-as-announced-by-the-fm-3395172/ The Finance Minister in her Budget speech put forth the proposal for waiver of old unreconciled trivial tax outstanding, which is in
New US sanctions target India’s biggest crude grades from Russia
https://www.business-standard.com/economy/news/new-us-sanctions-target-india-s-biggest-crude-grades-from-russia-124021500691_1.html Clipped from: https://www.business-standard.com/economy/news/new-us-sanctions-target-india-s-biggest-crude-grades-from-russia-124021500691_1.html Urals and Sokol accounted for every 4 out of 5 barrels of Russian supplies to India last year A Russian consulate official
Deposits paucity may hit Indian banks credit growth in FY25: Report | Finance News – Business Standard
https://www.business-standard.com/finance/news/deposits-paucity-may-hit-indian-banks-credit-growth-in-fy25-report-124021500923_1.html Clipped from: https://www.business-standard.com/finance/news/deposits-paucity-may-hit-indian-banks-credit-growth-in-fy25-report-124021500923_1.html Private lenders with high loan-to-deposit ratio more vulnerable, says S&P After five decades of bank nationalisation, the government, as the majority owner
E-commerce major Amazon surpasses $8 billion in exports from India in 2023 | Company News – Business Standard
https://www.business-standard.com/companies/news/e-commerce-major-amazon-surpasses-8-billion-in-exports-from-india-in-2023-124021500966_1.html Clipped from: https://www.business-standard.com/companies/news/e-commerce-major-amazon-surpasses-8-billion-in-exports-from-india-in-2023-124021500966_1.html Amazon, which began exporting from India seven years ago, would have to more than double its exports by 2025 to meet its
CEA flags concerns around carbon tax, geopolitical risks of climate change
https://www.business-standard.com/economy/news/cea-flags-concerns-around-carbon-tax-geopolitical-risks-of-climate-change-124021500977_1.html Clipped from: https://www.business-standard.com/economy/news/cea-flags-concerns-around-carbon-tax-geopolitical-risks-of-climate-change-124021500977_1.html The Carbon Border Adjustment Mechanism (CBAM) aims to set a fair price on the carbon emitted during the production of energy-intensive products,
👌HDFC Bank sees Casa boost through home loan business: Arvind Kapil
https://www.business-standard.com/companies/news/hdfc-bank-sees-casa-boost-through-home-loan-business-arvind-kapil-124021501017_1.html Clipped from: https://www.business-standard.com/companies/news/hdfc-bank-sees-casa-boost-through-home-loan-business-arvind-kapil-124021501017_1.html The CASA deposits of the bank grew by 2.2 per cent quarter-on-quarter(QoQ) to Rs 8.35 trillion in Q3 FY24 with CASA ratio
Supreme Court strikes down electoral bond scheme, cites violation of rights – The Hindu BusinessLine
https://www.thehindubusinessline.com/news/national/supreme-court-scraps-opaque-election-funding-system-calls-it-unconstitutional/article67848249.ece Clipped from: https://www.thehindubusinessline.com/news/national/supreme-court-scraps-opaque-election-funding-system-calls-it-unconstitutional/article67848249.ece Launched in 2018 to boost transparency in political funding, the scheme drew criticism for favouring ruling parties while compromising transparency The five-judge
👌Visa, Mastercard top executives meet RBI officials after BPSP biz hit | Banking – Business Standard
https://www.business-standard.com/industry/banking/visa-mastercard-top-executives-meet-rbi-officials-after-bpsp-biz-hit-124021401748_1.html Clipped from: https://www.business-standard.com/industry/banking/visa-mastercard-top-executives-meet-rbi-officials-after-bpsp-biz-hit-124021401748_1.html Banking regulator issue directions to card networks, fintechs to put on hold all commercial card-based transactions made by firms Representative Picture Listen