👌HDFC Bank hits 52-week low; slips 18% in 1 month wiping out Rs 2.3 trn mcap

https://www.business-standard.com/markets/news/hdfc-bank-hits-52-week-low-slips-18-in-1-month-loses-rs-2-3-trn-m-cap-124021400500_1.html Clipped from: https://www.business-standard.com/markets/news/hdfc-bank-hits-52-week-low-slips-18-in-1-month-loses-rs-2-3-trn-m-cap-124021400500_1.html Shares of HDFC Bank hit a 52-week low of Rs 1,363.45, down 2%, falling below its previous low of Rs 1,382.40 touched

Mahabharat and deepfakes: Misinformation causes instant harm so corrective action should also be immediate – Opinion News | The Financial Express

https://www.financialexpress.com/opinion/mahabharat-and-deepfakes-misinformation-causes-instant-harm-so-corrective-action-should-also-be-immediate/3390995 Clipped from: https://www.financialexpress.com/opinion/mahabharat-and-deepfakes-misinformation-causes-instant-harm-so-corrective-action-should-also-be-immediate/3390995/ Let’s look at one such story relating to the war, which certainly offers lessons to the government on how to tackle misinformation

‘Absence of credit, financial services for MSMEs risk undercutting India’s sustainable, inclusive development below its actual potential’ – SME News | The Financial Express

https://www.financialexpress.com/business/sme/absence-of-credit-financial-services-for-msmes-risk-undercutting-indias-sustainable-inclusive-development-below-its-actual-potential/3390612 Clipped from: https://www.financialexpress.com/business/sme/absence-of-credit-financial-services-for-msmes-risk-undercutting-indias-sustainable-inclusive-development-below-its-actual-potential/3390612/ The challenges of MSMEs, who are primarily thin-file applicants, to access formal credit can be recounted as many, including small ticket sizes,

Merchant signups soar for BharatPe, MobiKwik, & PhonePe – Banking & Finance News | The Financial Express

https://www.financialexpress.com/business/banking-finance-merchant-signups-soar-for-bharatpe-mobikwik-amp-phonepe-3392168 lipped from: https://www.financialexpress.com/business/banking-finance-merchant-signups-soar-for-bharatpe-mobikwik-amp-phonepe-3392168/ The platform is also seeing an increase in inbound offline merchant leads – who are inquiring to get onboarded. For instance, merchant

Lower borrowings to help moderate inflation: Das – Banking & Finance News | The Financial Express

https://www.financialexpress.com/business/banking-finance-lower-borrowings-to-help-moderate-inflation-das-3392254 Clipped from: https://www.financialexpress.com/business/banking-finance-lower-borrowings-to-help-moderate-inflation-das-3392254/ X Lower borrowings by the Centre in 2024-25, which has already softened yields on government securities (G-secs), will help bring down inflation,

Banks’ current account deposits take a hit on just-in-time fund release by govt – The Hindu BusinessLine

https://www.thehindubusinessline.com/money-and-banking/banks-current-account-deposits-take-a-hit-on-just-in-time-fund-release-by-govt/article67837883.ece lipped from: https://www.thehindubusinessline.com/money-and-banking/banks-current-account-deposits-take-a-hit-on-just-in-time-fund-release-by-govt/article67837883.ece CA deposits of all scheduled commercial banks had declined to 10.13 per cent of their overall deposits in 2023 from 10.43 per

RBI conducts two back-to-back VRR auctions to pump in liquidity into banks – The Hindu BusinessLine

https://www.thehindubusinessline.com/money-and-banking/rbi-conducts-two-back-to-back-vrr-auctions-to-pump-in-liquidity-into-banks/article67838988.ece lipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-conducts-two-back-to-back-vrr-auctions-to-pump-in-liquidity-into-banks/article67838988.ece Market players say heavy demand for funds at the first VRR auction would have prompted the RBI to conduct a second one

Burnout among cybersecurity professionals threaten to weaken security shield – The Hindu BusinessLine

https://www.thehindubusinessline.com/info-tech/burnout-among-cybersecurity-professionals-threaten-to-weaken-security-shield/article67838895.ece Clipped from: https://www.thehindubusinessline.com/info-tech/burnout-among-cybersecurity-professionals-threaten-to-weaken-security-shield/article67838895.ece 83 per cent of cybersecurity staff are overburdened, feel pressure says Sophos It is not just the gullible consumers that are at

Allahabad and Bombay High Courts have the maximum case backlog – The Hindu BusinessLine

https://www.thehindubusinessline.com/data-stories/data-focus/allahabad-and-bombay-high-courts-have-the-maximum-case-backlog/article67837972.ece Clipped from: https://www.thehindubusinessline.com/data-stories/data-focus/allahabad-and-bombay-high-courts-have-the-maximum-case-backlog/article67837972.ece Allahabad High Court leads with 10.74 lakh cases, followed by the Bombay High Court with 7.13 lakh cases and High Court of

Will continue to work with Paytm, subject to RBI forbearance: Axis Bank MD – The Hindu BusinessLine

https://www.thehindubusinessline.com/money-and-banking/will-continue-to-work-with-paytm-subject-to-rbi-forbearance-axis-bank-md/article67839068.ece lipped from: https://www.thehindubusinessline.com/money-and-banking/will-continue-to-work-with-paytm-subject-to-rbi-forbearance-axis-bank-md/article67839068.ece We have been working with them in the past on various things, and those aspects continue, says Arjun Chowdhry Paytm, or One 97

👌Commerce department mulls strategy to help industry leverage FTAs better

https://www.business-standard.com/economy/news/commerce-department-mulls-strategy-to-help-industry-leverage-ftas-better-124012800366_1.html Clipped from: https://www.business-standard.com/economy/news/commerce-department-mulls-strategy-to-help-industry-leverage-ftas-better-124012800366_1.html The government also plans to set up a digital architecture to help the industry overcome the challenges that are specific to FTAs

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