FSDC to formulate strategy to simplify, digitalise KYC process, curb illegal loan apps – The Hindu BusinessLine

https://www.thehindubusinessline.com/economy/fsdc-to-formulate-strategy-to-simplify-digitalise-kyc-process-curb-illegal-loan-apps/article67871559.ece Clipped from: https://www.thehindubusinessline.com/economy/fsdc-to-formulate-strategy-to-simplify-digitalise-kyc-process-curb-illegal-loan-apps/article67871559.ece The council met in Delhi under the Chairpersonship of Finance Minister Nirmala Sitharman After the Paytm Payment Bank debacle, the Finance Stability

Fintech loans comprise 62% personal loan sanction volumes in H1 – The Hindu BusinessLine

https://www.thehindubusinessline.com/money-and-banking/fintech-loans-comprise-62-personal-loan-sanction-volumes-in-h1/article67871662.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/fintech-loans-comprise-62-personal-loan-sanction-volumes-in-h1/article67871662.ece The report, which analysed data of 71 fintech NBFCs from April 2018 to September 2023, said that fintechs have doubled their market

Account takeovers, mule accounts leading cause of bank frauds in India – The Hindu BusinessLine

https://www.thehindubusinessline.com/money-and-banking/account-takeovers-mule-accounts-leading-cause-of-bank-frauds-in-india/article67871871.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/account-takeovers-mule-accounts-leading-cause-of-bank-frauds-in-india/article67871871.ece Most mule activity at 14 per cent of the total, was seen in Bhubaneswar followed by Lucknow and Navi Mumbai for 3.4 per cent each

KYC compliance: Time consuming, repetitive but critical for your safety | Personal Finance – Business Standard

https://www.business-standard.com/finance/personal-finance/kyc-compliance-time-consuming-repetitive-but-critical-for-your-safety-124022101009_1.html Clipped from: https://www.business-standard.com/finance/personal-finance/kyc-compliance-time-consuming-repetitive-but-critical-for-your-safety-124022101009_1.html Update your documents regularly so that you are able to fulfil KYC demands seamlessly Representative Picture The Reserve Bank of India’s (RBI’s)

Irdai to introduce collaterals for reinsurance transactions with CBRs | Insurance – Business Standard

https://www.business-standard.com/finance/insurance/irdai-to-introduce-collaterals-for-reinsurance-transactions-with-cbrs-124022100369_1.html Clipped from: https://www.business-standard.com/finance/insurance/irdai-to-introduce-collaterals-for-reinsurance-transactions-with-cbrs-124022100369_1.html The proposed guidelines given in an exposure draft will be applicable for all the reinsurance placements with CBRs by cedants or insurers

👌Lenders form panel to protect bank executives against graft cases

https://www.business-standard.com/finance/news/lenders-form-panel-to-protect-bank-executives-against-graft-cases-124022100453_1.html Clipped from: https://www.business-standard.com/finance/news/lenders-form-panel-to-protect-bank-executives-against-graft-cases-124022100453_1.html The committee, headed by D C Jain, a former senior officer with the CBI, is expected to suggest ways to protect bank

SC orders Rs 60 lakh in compensation for Army nurse fired over marriage | India News – Business Standard

https://www.business-standard.com/india-news/sc-orders-rs-60-lakh-in-compensation-for-army-nurse-fired-over-marriage-124022100828_1.html Clipped from: https://www.business-standard.com/india-news/sc-orders-rs-60-lakh-in-compensation-for-army-nurse-fired-over-marriage-124022100828_1.html The Supreme Court ordered the Centre to pay Rs 60 lakh to the petitioner within eight weeks Listen to This Article The

Youth joblessness: As government jobs are limited, reforms and skill development are needed for private employment – Opinion News | The Financial Express

https://www.financialexpress.com/opinion/youth-joblessness-as-government-jobs-are-limited-reforms-and-skillnbspdevelopment-are-needed-for-private-employment/3400176 Clipped from: https://www.financialexpress.com/opinion/youth-joblessness-as-government-jobs-are-limited-reforms-and-skillnbspdevelopment-are-needed-for-private-employment/3400176/ Among females, almost a third of the labour force was jobless in the October-December quarter of 2023. In fact, female candidates accounted

👌👌👌India Inc must get its act together on capex: RBI bulletin – The Hindu BusinessLine

https://www.thehindubusinessline.com/economy/india-inc-must-get-its-act-together-on-capex-rbi-bulletin/article67867494.ece Clipped from: https://www.thehindubusinessline.com/economy/india-inc-must-get-its-act-together-on-capex-rbi-bulletin/article67867494.ece Corporates should relieve the government of capex heavy lifting and take advantage of the space ceded in financial markets There are mounting

👌Don’t lose export focus at the altar of import substitution, says Finance Commission Chairman Arvind Panagariya – The Hindu BusinessLine

https://www.thehindubusinessline.com/economy/dont-lose-export-focus-at-the-altar-of-import-substitution-says-finance-commission-chairman-arvind-panagariya/article67867727.ece Clipped from: https://www.thehindubusinessline.com/economy/dont-lose-export-focus-at-the-altar-of-import-substitution-says-finance-commission-chairman-arvind-panagariya/article67867727.ece To unlock higher growth, embrace global markets, says the trade economist India must preserve its outward export-focused orientation and remain open to

👌👌👌What’s the secret behind creating ‘lakhpati didis’? – The Hindu BusinessLine

https://www.thehindubusinessline.com/opinion/whats-the-secret-behind-creating-lakhpati-didis/article67867978.ece Clipped from: https://www.thehindubusinessline.com/opinion/whats-the-secret-behind-creating-lakhpati-didis/article67867978.ece To become a Lakhpati Didi, a critical skill is digital financial literacy — financial knowledge and the ability to take effective decisions

India unlikely to extend moratorium on customs duties on e-commerce – The Hindu BusinessLine

https://www.thehindubusinessline.com/economy/india-unlikely-to-extend-moratorium-on-customs-duties-on-e-commerce/article67868118.ece Clipped from: https://www.thehindubusinessline.com/economy/india-unlikely-to-extend-moratorium-on-customs-duties-on-e-commerce/article67868118.ece Will oppose efforts by countries, including China, for a plurilateral pact on investment facilitation, say officials India is unlikely to extend the

Indian team of senior officials in London to push India-UK FTA talks – The Hindu BusinessLine

https://www.thehindubusinessline.com/economy/indian-team-of-senior-officials-in-london-to-push-india-uk-fta-talks/article67868257.ece Clipped from: https://www.thehindubusinessline.com/economy/indian-team-of-senior-officials-in-london-to-push-india-uk-fta-talks/article67868257.ece India’s negotiating team in London for India-UK FTA, aiming to resolve key issues before general elections India’s negotiating team for the proposed

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