Search Results for: banking

How to withdraw cash from ATM using UPI; here's NPCI's innovative solution [guide]

Now there's no reason to carry your wallet while stepping out, even to withdraw cash from an ATM.

Sep 6, 2023

Indian govt warns of malware attacks "DogeRAT" targeting Android users via social media

The Indian government has issued a warning about advanced malware targeting Android users via social media and messaging platforms, capable of accessing sensitive data and granting hackers control over infected devices.

Sep 5, 2023

Uday Kotak Resigns as MD and CEO of Kotak Mahindra Bank

While stepping down from his executive role, Kotak will continue to serve as a non-executive Director of the bank

Sep 2, 2023

Sitharaman directs rural banks to remove duplication of Jan Dhan accounts

Finance Minister Nirmala Sitharaman on Wednesday directed regional rural banks (RRBs) to remove duplication of Jan Dhan accounts and facilitate storage facility for apple growers particularly in Jammu and Kashmir and Himachal Pradesh.

Aug 31, 2023

BRICS nations underline need for inclusive payment systems, stress on using local currencies in international trade

Use local currencies in int'l trade; BRICS nations underline need for inclusive payment systems

The BRICS nations on Thursday recognised the need for fast, inexpensive, transparent, safe, and inclusive payment systems and noted that it looks forward to a report by the BRICS Payment Task Force (BPTF) on the mapping of the various elements of the G20 Roadmap on cross-border payments in BRICS countries.

Aug 24, 2023

Sacked J&K Bank officer was 'ISI deep asset in Kashmir': Top intelligence sources

Sacked J&K Bank officer, Sajad Ahmad Bazaz was actually a deep asset of Pakistan's ISI in Kashmir, top intelligence sources told IANS on Sunday.

Aug 20, 2023

Indian markets face strong headwinds

There are strong headwinds, both globally and domestically, that can impact the market in the near-term, said V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services.

Aug 16, 2023

Sensex, Nifty down after RBI's hawkish statements

Nifty opened lower cautiously awaiting the outcome and witnessed sell-off post the RBI statement and finally closed with a loss of 89 points at 19,543 level

Aug 10, 2023

Shaktikanta Das, Governor, Reserve Bank of India

RBI retains repo rate at 6.5%, inflation projected at 5.4%, predicts GDP growth at 6.5%

Not disappointing the expectations, the Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) did not change the repo rate from 6.50 per cent.

Aug 10, 2023

Focus of market will shift from micros to macros: Expert

With the Q1 results season coming to an end soon, the focus of the market will shift from micros to macros, says V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services.

Aug 9, 2023

Rating agency Moody's warns to downgrade 6 US banks, stocks sink further

Moody's has put the credit ratings of six large US banks, including Bank of New York Mellon, State Street and Northern Trust, under review for a possible downgrade, sending stocks tumbling as investors worried about more banking sector pain ahead, the media reported.

Aug 9, 2023

Global Business Trends: Has Wyoming Become a Tax Haven?

Wyoming is one of several states that allows customers to put a private company (usually controlled by family members) in charge of their trust, ensuring complete control over the assets and an extra layer of financial secrecy.

Aug 4, 2023

Impact of US rating downgrade: Sensex down by 132 points today

BSE Sensex was down 123 points in trade on Thursday morning as the market absorbed the impact of the US downgrade.

Aug 3, 2023

Embracing resilience and sustainability in value chains: Building strategies for rapidly changing world

By incorporating transparent and flexible supply chain practices, investing in circular economy principles, and nurturing resilient partnerships, companies can build strategies that withstand disruptions and foster sustainability, writes Major General Dilawar Singh as he delves deep into why embracing resilience and sustainability in value chains is necessity for businesses to thrive in a rapidly changing world.

Jul 24, 2023

A Digital Bank in Bangladesh: Opportunity and Imperative for growth of its Economy

Major General Dr Dilawar Singh shares his opinion on the opportunity and potential for setting up a new Digital Bank in Bangladesh are vast and promising. With a growing tech-savvy population, rising digital adoption, and government initiatives for financial inclusion, the market is primed for innovative digital banking solutions.

Jul 23, 2023

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