Clipped from: https://www.thehindubusinessline.com/money-and-banking/listen-to-borrowers-before-classifying-acs-as-fraud-supreme-court/article66669121.ece Debarring akin to blacklisting a borrower from availing credit, says CJI Chandrachud The Supreme Court on Monday held that borrowers must be given an opportunity
Category: ART
👍Recession threat, job cuts to affect repayment capacity of Indian students studying abroad – The Hindu BusinessLine
NBFCs and fintechs, which account for a major share of overseas education loans, might feel the brunt, if they have not done the due diligence
OpenAI admits data breach at ChatGPT, private data of premium users exposed – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/info-tech/openai-admits-data-breach-at-chatgpt-private-data-of-premium-users-exposed/article66659944.ece According to OpenAI, chat history, names, email addresses, payment addresses, the last four digits of credit cards were exposed OpenAI, the technology company
🙏🙏🙏US Fed’s loans to provide $2 trn of liquidity in banking system: JP Morgan | Business Standard News
Clipped from: https://www.business-standard.com/article/international/us-fed-s-loans-will-provide-2-trn-of-liquidity-in-banking-system-jpmorgan-123031600305_1.html The Bank Term Funding Program should be able to inject enough reserves into the banking system to reduce reserve scarcity and reverse the
👍👍👍Credit Suisse to borrow up to $54 billion from Swiss National Bank to boost liquidity – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/credit-suisse-to-borrow-up-to-54-billion-from-swiss-national-bank-to-boost-liquidity/article66625503.ece Credit Suisse to pre-emptively strengthen its liquidity by borrowing from the Swiss National Bank up to CHF 50 billion under a Covered Loan
👍👍👍Credit Suisse is more relevant to India’s financial system than Silicon Valley Bank – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/credit-suisse-is-more-relevant-to-indias-financial-system-than-silicon-valley-bank/article66625655.ece Given the Credit Suisse’s relevance to India’s banking sector, there would be softer adjustments in assessment of counter-party risks, especially in the derivative
Microsoft Bing GPT-4 chatbot can now be used by all – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/info-tech/microsoft-bing-gpt-4-chatbot-can-now-be-used-by-all/article66626474.ece Users can now gain immediate access to the GPT-4 powered chatbot without joining the waitlist Microsoft has removed its waitlist for the AI-powered Bing Chat
👍👍👍Credit Suisse left in the lurch, sparks selloff across global markets | Business Standard News
Clipped from: https://www.business-standard.com/article/international/credit-suisse-left-in-the-lurch-sparks-selloff-across-global-markets-123031501369_1.html Asked whether Saudi National Bank was open to further cash injections, Chairman Ammar Al Khudairy said “absolutely not.” All it took was a
🙏🙏🙏🙏🙏Time and money for love: China brainstorms ways to boost birth rate | Business Standard News
Clipped from: https://www.business-standard.com/article/international/time-and-money-for-love-china-brainstorms-ways-to-boost-birth-rate-123031501406_1.html China dug itself into a demographic hole largely through its one-child policy imposed between 1980 and 2015 Concerned by China’s shrinking population, political
Amid SVB crisis, SIDBI’s FoF gets into action to support start-ups | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/after-svb-fallout-sidbi-s-fund-of-funds-gets-into-act-to-assist-startups-123031501090_1.html Fund of Fund for start-ups (FFS) managed by SIDBI’s venture capital arm has given money to AIFs, which are in turn supporting over