https://www.thehindubusinessline.com/money-and-banking/sale-of-stressed-loans-to-asset-reconstruction-companies-zooms-in-fy23-rbi-report/article67680541.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/sale-of-stressed-loans-to-asset-reconstruction-companies-zooms-in-fy23-rbi-report/article67680541.ece The sale of stressed loans to asset reconstruction companies (ARCs) shot up in 2022-23, partly reflecting assets sold to the newly operationalised
Category: Three Star
Artificial Intelligence, Machine Learning in finance carry potential risks – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/artificial-intelligence-machine-learning-in-finance-carry-potential-risks/article67680691.ece lipped from: https://www.thehindubusinessline.com/money-and-banking/artificial-intelligence-machine-learning-in-finance-carry-potential-risks/article67680691.ece ‘Carries risk of undermining financial stability’ While rapid deployment of Artificial Intelligence and Machine Learning (AI/ML) in finance is promoting efficiency gains, redefining
Microfinance is macro – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/microfinance-is-macro/article67680720.ece Clipped from: https://www.thehindubusinessline.com/opinion/microfinance-is-macro/article67680720.ece The sector is now a key player in the financial scene Microfinance is no more a microbusiness. It’s a macro business involving
Government directs social media platforms to not host advertisements of fraudulent loan apps – The Hindu BusinessLine
https://www.thehindubusinessline.com/info-tech/government-directs-social-media-platforms-to-not-host-advertisements-of-fraudulent-loan-apps/article67680321.ece Clipped from: https://www.thehindubusinessline.com/info-tech/government-directs-social-media-platforms-to-not-host-advertisements-of-fraudulent-loan-apps/article67680321.ece The development comes after a day of MeitY issuing an advisory to all digital intermediaries to actively comply with existing IT rules
Focus on capex-led growth strategy to continue, FinMin Indicates – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/focus-on-capex-led-growth-strategy-to-continue-finmin-indicates/article67680602.ece Clipped from: https://www.thehindubusinessline.com/economy/focus-on-capex-led-growth-strategy-to-continue-finmin-indicates/article67680602.ece Centre’s capex outlay has increased from 2.15 per cent of GDP in 2020-21 to 2.7 per cent in 2022-23 The Centre will
Emerging MSME office trends in the new normal of work – The Hindu BusinessLine
https://www.thehindubusinessline.com/news/emerging-msme-office-trends-in-the-new-normal-of-work/article67681404.ece Clipped from: https://www.thehindubusinessline.com/news/emerging-msme-office-trends-in-the-new-normal-of-work/article67681404.ece Both big and small companies are now deploying powerful AI-enabled algorithms to improve daily operations, gain better operational insights and drive more
Editorial. Services exports have come of age, but less so merchandise – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/editorial/services-exports-have-come-of-age-but-less-so-merchandise/article67680376.ece Clipped from: https://www.thehindubusinessline.com/opinion/editorial/services-exports-have-come-of-age-but-less-so-merchandise/article67680376.ece Exports have moved up the value chain and are less vulnerable to changes in global demand The latest Balance of Payments data
Banks, NBFCs on sound footing; their close links need watch: RBI – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/indian-banks-and-non-banks-remain-sound-and-resilient-rbi-report/article67680190.ece lipped from: https://www.thehindubusinessline.com/money-and-banking/indian-banks-and-non-banks-remain-sound-and-resilient-rbi-report/article67680190.ece System needs strengthened governance, risk management practices and building up of additional buffers, recommends the central bank The Reserve Bank of India
India to begin FTA talks with Russia-led economic bloc in Jan: Jaishankar
https://www.business-standard.com/economy/news/india-to-begin-fta-talks-with-russia-led-economic-bloc-in-jan-jaishankar-123122701121_1.html Clipped from: https://www.business-standard.com/economy/news/india-to-begin-fta-talks-with-russia-led-economic-bloc-in-jan-jaishankar-123122701121_1.html India, Russia to step up discussions on an investment pact, multiple connectivity routes Foreign Minister S Jaishankar (left) and his Russian counterpart
Artificial Intelligence, Machine Learning in finance carry potential risks – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/artificial-intelligence-machine-learning-in-finance-carry-potential-risks/article67680691.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/artificial-intelligence-machine-learning-in-finance-carry-potential-risks/article67680691.ece ‘Carries risk of undermining financial stability’ While rapid deployment of Artificial Intelligence and Machine Learning (AI/ML) in finance is promoting efficiency gains, redefining
Remove fraud loan app ads in a week, Centre tells online platforms | India News – The Indian Express
Clipped from: https://indianexpress.com/article/india/remove-fraud-loan-app-ads-in-a-week-centre-tells-online-platforms-9084028/ In its advisory issued to online platforms like Meta’s Facebook and Instagram, and Google on Tuesday, the ministry asked them to ensure compliance
Red Sea disruption – Opinion News | The Financial Express
https://www.financialexpress.com/opinion/red-sea-disruption/3347261/ Clipped from: https://www.financialexpress.com/opinion/red-sea-disruption/3347261/ There are heightened risks of an adverse impact on India’s export costs. X The geopolitical risks of the ongoing war between Hamas
Average 11 jobs created by each startup; Rs 17,272 crore invested in 915 startups: Startup India review – SME News | The Financial Express
https://www.financialexpress.com/business/sme/average-11-jobs-created-by-each-startup-rs-17272-crore-invested-in-915-startups-startup-india-review/3347951/ Clipped from: https://www.financialexpress.com/business/sme/average-11-jobs-created-by-each-startup-rs-17272-crore-invested-in-915-startups-startup-india-review/3347951/ “Several programs have been implemented over the years under the Startup India initiative to support entrepreneurs, build a robust startup ecosystem, and
Startup layoffs 2023: Over 16,000 employees fired in India amid funding winter – SME News | The Financial Express
https://www.financialexpress.com/business/sme/startup-layoffs-2023-over-16000-employees-fired-in-india-amid-funding-winter/3347866/ Clipped from: https://www.financialexpress.com/business/sme/startup-layoffs-2023-over-16000-employees-fired-in-india-amid-funding-winter/3347866/ Startups have been narrowing their employee count as India saw another cycle of drying up funding since last year to bring the
How do deepfakes impact banks and other financial institutions? – Money News | The Financial Express
https://www.financialexpress.com/money/how-do-deepfakes-impact-banks-and-other-financial-institutions-3347654/ Clipped from: https://www.financialexpress.com/money/how-do-deepfakes-impact-banks-and-other-financial-institutions-3347654/ Recognizing the imminent threat posed by deepfakes, the Indian financial sector must take decisive steps to safeguard against potential risks. The spectre
I-T dept sends advisory to taxpayers over mismatch in ITR, TDS/TCS deductions – Income Tax News | The Financial Express
https://www.financialexpress.com/money/income-tax-i-t-dept-sends-advisory-to-taxpayers-over-mismatch-in-itr-tdstcs-deductions-3348138/ Clipped from: https://www.financialexpress.com/money/income-tax-i-t-dept-sends-advisory-to-taxpayers-over-mismatch-in-itr-tdstcs-deductions-3348138/ The department said such communication is to facilitate the taxpayers and make them aware of the information available with the I-T department
RBL Bank, Bajaj Finance shares fall as card pact gets 1 year extension – Banking & Finance News | The Financial Express
https://www.financialexpress.com/business/banking-finance-rbl-bank-bajaj-finance-shares-fall-as-card-pact-gets-1-year-extension-3348150/ Clipped from: https://www.financialexpress.com/business/banking-finance-rbl-bank-bajaj-finance-shares-fall-as-card-pact-gets-1-year-extension-3348150/ On October 27, Bajaj Finance had sought a longer extension for its credit card ties with RBL Bank. The initial permit was
Payment woes delay supply of Russian Sokol oil crude to India: Report
https://www.business-standard.com/industry/news/payment-woes-delay-supply-of-russian-sokol-oil-crude-to-india-report-123122600627_1.html Clipped from: https://www.business-standard.com/industry/news/payment-woes-delay-supply-of-russian-sokol-oil-crude-to-india-report-123122600627_1.html IOC is the only state refiner that has an annual deal to buy a variety of Russian grades, including Sokol, from Russian
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