https://www.financialexpress.com/opinion/ai-in-indias-banking-sector-rbi-action-needed/3389763/ Shared by Financial Express android app. Click here to download https://financialexpress.page.link/fe_app
Category: RBI–Banks
Tamal Bandopadhya article — gives enough idea about RBI’s constraints
https://mybs.in/2dTUo09?code=NTM4OTU9MTI0MDIwOTAwMDA5 Download BS app for latest in Business News – https://bit.ly/3Qk1KVB
An extended pause
https://www.business-standard.com/opinion/editorial/an-extended-pause-124020801777_1.html Clipped from: https://www.business-standard.com/opinion/editorial/an-extended-pause-124020801777_1.html More clarity is needed on the Paytm issue Reserve Bank of India (RBI) Governor Shaktikanta Das with Deputy Governors Swaminathan Janakiraman, Michael
https://www.business-standard.com/companies/news/paytm-payments-bank-rbi-controversy-how-will-it-impact-the-customers-124020901485_1.html Clipped from: https://www.business-standard.com/companies/news/paytm-payments-bank-rbi-controversy-how-will-it-impact-the-customers-124020901485_1.html The company, part of One97 Communications, is a leader in Indian fintech and faces challenges of regulatory scrutiny and customer uncertainity Vijay
UPI transactions touch new record of ₹18.4-lakh crore in Jan – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/upi-transactions-touch-new-record-of-184-lakh-crore-in-jan/article67804759.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/upi-transactions-touch-new-record-of-184-lakh-crore-in-jan/article67804759.ece The number of transactions on the UPI network remained flat at 1,202 crore for January Unified payments interface (UPI) started 2024 on
75% banks, NBFCs have chatbots, e-assistants: RBI’s Michael Patra
https://www.business-standard.com/industry/banking/almost-three-fourths-of-banks-nbfcs-implement-chatbots-rbi-s-patra-124012900876_1.html Clipped from: https://www.business-standard.com/industry/banking/almost-three-fourths-of-banks-nbfcs-implement-chatbots-rbi-s-patra-124012900876_1.html Patra said that ensuring robust cybersecurity measures in banking organisations is imperative to maintain public trust in the financial system Michael Patra,
RBI to conduct overnight VRR to infuse Rs 25,000 crore on Tuesday
https://www.business-standard.com/economy/news/rbi-to-conduct-an-overnight-vrr-on-tuesday-to-inject-up-to-rs-25-000-crore-124012900768_1.html Clipped from: https://www.business-standard.com/economy/news/rbi-to-conduct-an-overnight-vrr-on-tuesday-to-inject-up-to-rs-25-000-crore-124012900768_1.html In the preceding VRR auctions, the central bank received a significant response, with banks submitting bids ranging between 2.5 to 3.2 times
Credit card loans record highest slippages among retail loans in post-pandemic period – The Hindu BusinessLine
https://www.thehindubusinessline.com/data-stories/data-focus/credit-card-loans-record-highest-slippages-among-retail-loans-in-post-pandemic-period/article67788629.ece Clipped from: https://www.thehindubusinessline.com/data-stories/data-focus/credit-card-loans-record-highest-slippages-among-retail-loans-in-post-pandemic-period/article67788629.ece Credit cards and vehicle loan portfolios recorded a moderate, but statistically significant, rise in stress As consumerism takes off in the country,
Banks’ robust health sets stage for decade’s next credit boom: FinMin – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/banks-robust-health-sets-stage-for-decades-next-credit-boom-finmin/article67790081.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/banks-robust-health-sets-stage-for-decades-next-credit-boom-finmin/article67790081.ece Private investments have begun to crowd-in, banks responding with greater credit disbursement The Finance Ministry said on Monday that the slew of
How Bank of Maharashtra charted its comeback – The Hindu BusinessLine
https://www.thehindubusinessline.com/specials/current-account/how-bank-of-maharashtra-charted-its-comeback/article67782397.ece Clipped from: https://www.thehindubusinessline.com/specials/current-account/how-bank-of-maharashtra-charted-its-comeback/article67782397.ece The bank is now close to the goal of recording ₹500 crore operating profit per quarter for every ₹ 1 lakh crore
Banks’ unsecured loans grow despite 30-100 bps capital risk weight hit – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/banks-unsecured-loans-grow-despite-30-100-bps-capital-risk-weight-hit/article67786646.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/banks-unsecured-loans-grow-despite-30-100-bps-capital-risk-weight-hit/article67786646.ece However, this has not slowed down retail credit growth, including unsecured retail, during the third quarter. About two months after the Reserve Bank
P2P lending: Barking up the wrong tree?
https://www.business-standard.com/opinion/columns/p2p-lending-barking-up-the-wrong-tree-124011400388_1.html Clipped from: https://www.business-standard.com/opinion/columns/p2p-lending-barking-up-the-wrong-tree-124011400388_1.html Around 15 P2P platforms went live, but one-third of them have shut up shop. Analysts say four of them have more than
Small, big and systemically important banks
https://www.business-standard.com/opinion/columns/small-big-and-systemically-important-banks-124012100404_1.html Clipped from: https://www.business-standard.com/opinion/columns/small-big-and-systemically-important-banks-124012100404_1.html The systemically important bank classification is no comment on how secure depositors’ money is in other banks. Sit back, relax and enjoy
Lending rates almost peaked, reduction to follow over next 1 year: Bhutada
https://www.business-standard.com/companies/interviews/lending-rates-almost-peaked-reduction-to-follow-over-next-1-year-bhutada-124011900707_1.html Clipped from: https://www.business-standard.com/companies/interviews/lending-rates-almost-peaked-reduction-to-follow-over-next-1-year-bhutada-124011900707_1.html Bhatuda says that as far as passing of the reduction of rates to customers is concerned, the same will follow the interest
Keep a close tab on lending apps – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/keep-a-close-tab-on-lending-apps/article67757276.ece Clipped from: https://www.thehindubusinessline.com/opinion/keep-a-close-tab-on-lending-apps/article67757276.ece With fintech fraud rising, RBI must invest resources in regulating digital lending apps, putting out a white-list The digital age has seen
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