Clipped from: https://www.business-standard.com/finance/news/bs-bfsi-summit-fear-key-factor-in-cyber-frauds-says-sbi-s-nitin-chugh-124110701849_1.html In cybersecurity, social engineering refers to manipulating a victim to gain control over a computer system or steal personal and financial information Fear
Category: RBI–Banks
👌👌👌How Trump policies may impact Indian stocks, dollar, bond yields & RBI rate decisions – BusinessToday
Clipped from: https://www.businesstoday.in/markets/stocks/story/how-trump-policies-may-impact-indian-stocks-dollar-bond-yields-rbi-rate-decisions-452830-2024-11-07 Domestic stock valuations are quite elevated, and the earnings momentum is weakening. A rise in bond yields or weakness in global trade would
👌👌👌👌👌NBFCs’ credit woes – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/nbfcs-credit-woes/article68837803.ece Their risk management systems must improve Non-banking finance companies (NBFCs) are increasingly disseminating credit and financial services to underserved/unserved segments of the economy.
👌👌👌👌👌Growth matters more than inflation now – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/growth-matters-more-than-inflation-now/article68837646.ece The global post-Covid fight against inflation is over, while India’s growth has slipped. It’s time for the RBI to take stock Rapid-fire inflation
👌India Inc sends mixed signals on H2 FY25 capital expenditure path | Economy & Policy News – Business Standard
Clipped from: https://www.business-standard.com/economy/news/india-inc-sends-mixed-signals-on-h2-fy25-capital-expenditure-path-124110401044_1.html Minutes from the October MPC show the RBI’s optimism about private investments picking up Listen to This Article After subdued earnings in the
👌SC on liability of banker for allowing operation of locker restrained by Income Tax Department
Clipped from: https://taxguru.in/income-tax/sc-liability-banker-allowing-operation-locker-restrained-income-tax-department.html HDFC Bank Ltd. Vs State of Bihar & Ors. (Supreme Court of India) Whether a banker can be held liable for erroneously allowing locker
👌Banks’ NIM falls in Q2 as RBI penal charge diktat takes effect, deposit cost rises – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/banks-nim-falls-in-q2-as-rbi-penal-charge-diktat-takes-effect-deposit-cost-rises/article68825631.ece Bankers expect pressure on NIM to continue in Q3 Large and mid-sized banks have seen a fall in their net interest margin (NIM)
👌👌👌👌👌P Chidambaram writes: Fasten your seat belt | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/columns/p-chidambaram-writes-fasten-your-seat-belt-9650431/ Inflation is not yet on the path toward the target rate of 4 per cent. Food and fuel prices complicate matters. Both do
RBI well-equipped to deal with any volatility post US elections: Report | Economy & Policy News – Business Standard
Clipped from: https://www.business-standard.com/economy/news/rbi-well-equipped-to-deal-with-any-volatility-post-us-elections-report-124103100809_1.html The Reserve Bank of India would be able to tap its large foreign exchange reserves to defend the domestic currency in the event
👌👌👌AI adoption in banking: India’s opportunity to transform financial services
Clipped from: https://www.business-standard.com/opinion/editorial/ai-adoption-in-banking-india-s-opportunity-to-transform-financial-services-124103101146_1.html Banks with large asset sizes and those endowed with greater resources are more inclined to invest in innovation and modern technologies like AI
👌Deposits outpace credit growth after 30 months, hinting at stability | Banking – Business Standard
Clipped from: https://www.business-standard.com/industry/banking/deposits-outpace-credit-growth-after-30-months-hinting-at-stability-124103100853_1.html Credit growth coming off its highs has largely contributed to credit-deposit growth aligning After nearly 30 months, banks’ deposit growth has edged above
👌Cash keeps pace with e-payments – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/cash-keeps-pace-with-e-payments/article68815696.ece It’s paradoxical that despite soaring e-transactions, the circulation of high denomination ₹500 notes has marched ahead The most beneficial impact of November 2016
👌Credit cards get a festive boost, spending increases 25% in September | Finance News – Business Standard
Clipped from: https://www.business-standard.com/finance/news/credit-cards-get-a-festive-boost-spends-increase-25-in-september-124102901464_1.html Experts attributed the healthy growth to festive demand and the base effect Credit card spending in September recorded strong growth of 25 per
👌RBI’s domestically-held gold reserves jump 510.46 MT by end-September | Commodities – Business Standard
Clipped from: https://www.business-standard.com/markets/commodities/rbi-s-domestically-held-gold-reserves-jump-510-46-mt-by-end-september-124102901071_1.html As of end-September, the Reserve Bank of India (RBI) held 854.73 metric tonnes of gold, compared to 822.10 metric tonnes at the end
When deposits become ‘assets’ of banks: Innovation needed beyond high rates | Expert Views – Business Standard
Clipped from: https://www.business-standard.com/opinion/columns/when-deposits-become-assets-of-banks-time-for-innovation-over-high-rates-124102700468_1.html Offering a higher interest rate is an easy but costly solution My neighbour Mr Fernandez has resumed his habit of visiting bank branches.
Gold loans: Test by fire – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/specials/current-account/gold-loans-test-by-fire/article68802840.ece Governance, compliance in focus as RBI cautions lenders against lapses Gold loans are used by many Indian households to meet financial exigencies —
👌👌👌FinMin to review public sector banks co-lending, MSME credit | Economy & Policy News – Business Standard
Clipped from: https://www.business-standard.com/economy/news/on-the-table-finmin-to-review-public-sector-banks-co-lending-msme-credit-124102401252_1.html DFS secy M Nagaraju to chair meeting on November 5 Representational Image Listen to This Article Department of Financial Services (DFS) Secretary M
Growth needs to be supported by cheaper credit: MPC external member Nagesh | Economy & Policy News – Business Standard
Clipped from: https://www.business-standard.com/economy/news/growth-needs-to-be-supported-by-cheaper-credit-mpc-external-member-nagesh-124102301453_1.html Food inflation driven by supply side rather demand which is addressed by monetary policy Representative Picture Nagesh Kumar, one of the three newly
👌👌👌👌👌👌👌NRE & NRO accounts: A comprehensive guide for taxpayers – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/nre-nro-accounts-a-comprehensive-guide-for-taxpayers-451052-2024-10-22 To simplify this, Indian banks offer two key types of accounts: the Non-Resident External (NRE) Account and the Non-Resident Ordinary (NRO) Account. These
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