Clipped from: https://www.business-standard.com/india-news/bank-borrower-should-be-heard-before-declaring-account-as-fraud-sc-123032700385_1.html December 2020 judgment of Telangana High Court upheld Supreme Court (Photo: Wikipedia) The Supreme Court on Monday said a borrower should be allowed to
Expected loss model: PSBs may seek pause on paying govt dividends
Clipped from: https://www.business-standard.com/finance/analysis/expected-loss-model-may-lead-to-pause-on-dividend-paid-by-psbs-123032700768_1.html Sitaraman said banks’ provisioning cover ratio was close to 75 per cent – the highest in about the last 25 years Sitaraman said
Cybercriminals exploiting ChatGPT popularity to spread malware via Facebook accounts – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/info-tech/cybercriminals-exploiting-chatgpt-popularity-to-spread-malware-via-facebook-accounts/article66667449.ece CloudSEK claims to have uncovered at least 25 websites engaged in the nefarious practice of impersonating ChatGPT Cybercriminals are exploiting the popularity of ChatGPT to spread
👍👍👍Credit card for MSMEs by Diwali this year – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/credit-card-for-msmes-by-diwali-this-year/article66667650.ece Online PSB Loans is working closely with SIDBI, SBI Cards, and few other players for rolling out credit cards for MSMEs 7 A
👍RBI likely to maintain status quo on rates next week: SBI report – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/april-monetary-policy-meet-likely-to-maintain-status-quo-on-policy-repo-rate-sbi-report/article66667570.ece According to the report, the repo rate is already 25 basis points higher than the optimal requirement of 6.2 to 6.32 per cent The State Bank
👍Taming Inflation: S&P Global Ratings sees RBI raising policy rates further – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/taming-inflation-sp-global-ratings-sees-rbi-raising-policy-rates-further/article66668016.ece In its quarterly update for Asia-Pacific region, S&P Global Ratings keeps India GDP growth estimate unchanged for next three fiscal years S&P Global
👍Willful defaulter: SC verdict to bring transparency – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/wilful-defaulter-sc-verdict-to-bring-transparency/article66668343.ece The court held that when an account is classified as fraud, it results in civil and criminal consequences for the borrower The Supreme
👍SAT sets aside SEBI order against Arshad Warsi, his wife for lack of evidence pending investigations – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/sat-sets-aside-sebi-order-against-arshad-warsi-his-wife-for-lack-of-evidence-pending-investigations/article66668704.ece SEBI had accused Bollywood actor Arshad Warsi and his wife Maria Goretti of indulging in a pump-and-dump operation Yet another order of market
👍Listen to borrowers before classifying accounts as fraud: Supreme Court – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/listen-to-borrowers-before-classifying-acs-as-fraud-supreme-court/article66669121.ece Debarring akin to blacklisting a borrower from availing credit, says CJI Chandrachud The Supreme Court on Monday held that borrowers must be given an opportunity
Debt fund taxation changes to impact corporate bond demand: Fund managers
Debt fund taxation changes to impact corporate bond demand: Fund managers: https://www.thehindubusinessline.com/economy/debt-fund-taxation-changes-to-impact-corporate-bond-demand-fund-managers/article66667368.ece
Borrowers must be accorded hearing before declaration of bank account as fraud: SC
Borrowers must be accorded hearing before declaration of bank account as fraud: SC: https://www.thehindubusinessline.com/money-and-banking/borrowers-must-be-accorded-hearing-before-declaration-of-bank-account-as-fraud-sc/article66667288.ece
