Search Results for: Banking Regulation Act

rbi rule deposit of rs 5000 more than demonetisation modi govt currency ban

RBI issues directions on Internal Ombudsman rules for banks, NBFCs

The Reserve Bank of India (RBI) on Friday released a master direction on the Internal Ombudsman norms for banks and big NBFCs to harmonise the instructions applicable to various regulated entities on the Internal Ombudsman (IO) mechanism.

Dec 30, 2023

January is normally a poor month for market

As 2023 draws to a close, the most significant feature of the year's rally is the sharp outperformance of the broader market, says V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services.

Dec 29, 2023

Naresh Kumar Miryala - Revolutionizing cloud data platforms and AI technology to drive transformation across the industry

Naresh Miryala has emerged as a trailblazer in Cloud Data Platform Engineering with AI, with a remarkable blend of technical expertise, leadership acumen, and a commitment to driving innovation in the rapidly evolving landscape of technology

Dec 27, 2023

Govt throws open e-Jagriti portal, video access to NCDRC to give consumers more clout

The government has thrown open the e-Jagriti portal and video conferencing (VC) facility for the National Consumer Dispute Redressal Commission and state consumer commissions as part of the focus on leveraging technology for consumer protection and grievance redressal.

Dec 25, 2023

Serial charity scam funnels funds to single account; genuine pleas lose donations [details]

Eroding the credibility off crowdfunding platforms and appeals, another incident has come to light entailing multiple social media pages, multiple names but one account number.

Dec 21, 2023

The Silent Force Reshaping the Finance Sector with AI Mastery

Vijaya Krishna Kanaparthi said AI doesn't sideline humans; it amplifies us. It's a tool, and we're the craftsmen, molding strategies and making the calls,

Dec 19, 2023

Blue Planet receives $35 mn IFU funding to boost key operations in India

Blue Planet Environmental Solutions, a sustainable waste management company with operations in India, South-East Asia and the UK, on Monday said it has received $35 million investment from The Investment Fund for Developing Countries (IFU), a leader in impact investments.

Dec 18, 2023

FIIs make U-turn, become big buyers of Rs 20K Cr worth stocks in 2 weeks

During the last two weeks while the Nifty is up by 6 per cent, Bank Nifty is up by 7.4 per cent and Nifty IT is up by around 11 per cent

Dec 18, 2023

SBI hikes interest rate on loans

The State Bank of India (SBI) has hiked its base rate of lending from 10.10 per cent to 10.25 per cent which is likely to lead to an increase in the EMIs of home, auto and personal loans.

Dec 15, 2023

Markets: Sensex zooms past 70k after US Fed's dovish message, leaving interest rates unchanged

Triggering a massive rally by the US Fed message, BSE Sensex is up 847 points at 70,431 points on Thursday

Dec 14, 2023

Nifty crosses 21,000-mark, reaches new all-time high

The Nifty reached a new all-time high as the RBI Governor announced the monetary policy, surpassing the 21,000 mark, says Rupak De, Senior Technical analyst at LKP Securities.

Dec 8, 2023

India puts the foot down; MoS IT says zero tolerance policy towards deepfakes [details]

As Artificial Intelligence (AI)-driven deepfakes continue to alarm lawmakers around the world, the Indian government has stressed it has a zero tolerance policy towards any online information which is patently false, misinformation and against national security.

Dec 7, 2023

Crackdown on deepfakes: Centre to issue advisories to social media firms for 100% compliance

The IT Ministry will issue advisories to social media intermediaries in the next two days on ensuring 100 per cent compliance on tackling deepfakes and spread of misinformation on their respective platforms, Minister of State for Electronics and IT Rajeev Chandrasekhar said on Tuesday.

Dec 5, 2023

Mizoram Poll Outcome: Lalduhoma, ZPM chief, former Indira Gandhi's security officer, to be new CM

Displaying a stunning triumph, IPS officer-turned-politician Lalduhoma, who's party Zoram People's Movement (ZPM) wrested power by securing 27 seats in the 40-member Assembly, will be the sixth politician to assume the Chief Ministerial posts in Mizoram.

Dec 4, 2023

Pankaj Gupta, A Trailblazer in Data and Analytics Engineering and Digital Transformation Excellence

Pankaj Gupta delves into entrepreneurship, crafting proprietary software for diverse businesses. His consulting expertise in Technology, Digital, and Supply Chain offers invaluable insights to clients