RBI releases draft circular on management of ‘Model Risks in Credit’ for lenders – The Hindu BusinessLine

https://www.thehindubusinessline.com/money-and-banking/rbi-releases-draft-circular-on-management-of-model-risks-in-credit-for-lenders/article68489095.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-releases-draft-circular-on-management-of-model-risks-in-credit-for-lenders/article68489095.ece The prescriptions aim at ensuring robustness in the process of model deployment by lenders while making credit decisions The Reserve Bank of India on

Bangladesh’s political turmoil casts strategic, economic shadow over India – The Hindu BusinessLine

https://www.thehindubusinessline.com/news/bangladeshs-political-turmoil-casts-strategic-economic-shadow-over-india/article68489454.ece Clipped from: https://www.thehindubusinessline.com/news/bangladeshs-political-turmoil-casts-strategic-economic-shadow-over-india/article68489454.ece Hasina was seen as a ‘close friend of India’ and her ouster may bring in challenges The collapse of Bangladesh Prime Minister

👍👍👍What should you do when you get an income tax notice after ITR filing? – Money News | The Financial Express

https://www.financialexpress.com/money/what-should-you-do-when-you-get-an-income-tax-notice-after-itr-filing-3574446/ Clipped from: https://www.financialexpress.com/money/what-should-you-do-when-you-get-an-income-tax-notice-after-itr-filing-3574446/ The Income Tax Department has started sending notices to taxpayers through emails. Remember, tax notices can be triggered by various issues, such

Equity Market Crash: Nasdaq, Dow and S&P 500 tumbles amid global equity market meltdown – Investing Abroad News | The Financial Express

https://www.financialexpress.com/business/investing-abroad-live-from-wall-street-nasdaq-enters-correction-territory-amid-global-equity-market-meltdown-3574479/ Clipped from: https://www.financialexpress.com/business/investing-abroad-live-from-wall-street-nasdaq-enters-correction-territory-amid-global-equity-market-meltdown-3574479/ Both seasoned investors and newcomers are grappling Japan’s rate hike, likely leading to the unwinding of the famous yen carry trade. Renewed

ONDC touches 12 million monthly transactions mark in July – The Hindu BusinessLine

https://www.thehindubusinessline.com/economy/ondc-touches-12-million-monthly-transactions-mark-in-july/article68488048.ece Clipped from: https://www.thehindubusinessline.com/economy/ondc-touches-12-million-monthly-transactions-mark-in-july/article68488048.ece Food and beverage sector accounted for 1.7 million transactions, captures 18 per cent market share in Bengaluru The Open Network for Digital

Markets across the globe tumble amid fears of US recession – The Hindu BusinessLine

https://www.thehindubusinessline.com/markets/markets-across-the-globe-tumble-amid-fears-of-us-recession/article68488636.ece Clipped from: https://www.thehindubusinessline.com/markets/markets-across-the-globe-tumble-amid-fears-of-us-recession/article68488636.ece Poor US jobs data, stronger Japanese yen, huge sell-offs pull the trigger; volatility likely to continue, say experts Global financial markets tumbled on Monday

🙏🙏🙏🙏🙏No rate cut, but dovish undertone likely | Expert Views – Business Standard

https://www.business-standard.com/opinion/columns/no-rate-cut-but-dovish-undertone-likely-124080400314_1.html Clipped from: https://www.business-standard.com/opinion/columns/no-rate-cut-but-dovish-undertone-likely-124080400314_1.html The stance can be changed, and if that doesn’t happen, the hawkish underdone will not continue Representative Picture On August 1, in

FinMin asks state-owned general insurers to focus on profitable businesses | Economy & Policy News – Business Standard

https://www.business-standard.com/economy/news/finmin-asks-state-owned-general-insurers-to-focus-on-profitable-businesses-124080400410_1.html Clipped from: https://www.business-standard.com/economy/news/finmin-asks-state-owned-general-insurers-to-focus-on-profitable-businesses-124080400410_1.html Public sector general insurance companies are undergoing various reforms, including organisational restructuring, product rationalisation, cost rationalisation and digitalisation The government has already

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