Clipped from: https://www.thehindubusinessline.com/opinion/flip-side-to-bank-transparency/article66672816.ece More transparency can, in fact, increase risk of runs on NBFCs in the Indian context The recent unexpected collapse of the Silicon Valley
Category: ART
👍Taming Inflation: S&P Global Ratings sees RBI raising policy rates further – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/taming-inflation-sp-global-ratings-sees-rbi-raising-policy-rates-further/article66668016.ece In its quarterly update for Asia-Pacific region, S&P Global Ratings keeps India GDP growth estimate unchanged for next three fiscal years S&P Global
👍SAT sets aside SEBI order against Arshad Warsi, his wife for lack of evidence pending investigations – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/sat-sets-aside-sebi-order-against-arshad-warsi-his-wife-for-lack-of-evidence-pending-investigations/article66668704.ece SEBI had accused Bollywood actor Arshad Warsi and his wife Maria Goretti of indulging in a pump-and-dump operation Yet another order of market
👍Listen to borrowers before classifying accounts as fraud: Supreme Court – The Hindu BusinessLine
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
👍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