Day: May 3, 2026

Clipped from: https://www.thehindubusinessline.com/money-and-banking/banks-eye-technical-write-off-accounts-to-boost-ecl-provisions/article70935378.ece Sale to ARCs seen unlocking capital for expected credit loss shift As at March-end 2025, while scheduled commercial banks’ pool of gross non-performing

Clipped from: https://www.business-standard.com/industry/banking/public-sector-banks-to-scale-up-it-spend-amid-anthropic-mythos-cyber-threat-126050300187_1.html Mythos’ advanced coding capabilities give it an unprecedented potential to detect cybersecurity weaknesses and develop methods to exploit them, sparking concerns Mythos has

Clipped from: https://www.financialexpress.com/business/banking-finance/remittances-wont-slow-much-bop-comfortable-poonam-gupta/4224638/ RBI Deputy Governor Poonam Gupta highlights India’s resilient Balance of Payments, supported by a record $135B in remittances and surging FDI, despite geopolitical

Clipped from: https://www.business-standard.com/economy/news/ibc-tax-law-mismatch-clouds-loss-carry-forward-benefits-experts-126050100763_1.html Under the Insolvency and Bankruptcy Code (IBC), financially stressed companies can be taken over by new owners through a resolution process Representative image

Clipped from: https://www.financialexpress.com/policy/economy/west-asia-war-might-double-cad-strain-fy27-fiscal-deficit/4225633/?ref=hometop_hp Chief Economic Adviser V Anantha Nageswaran warns that India’s Current Account Deficit (CAD) could double to 2% of GDP in FY27 due to