Sunday, May 9, 2021
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Government To Shortly Announce Forensic Standards

The government will shortly announce forensic standards based on Institute of Chartered Accountants recommendations, the Ministry of Corporate Affairs will notify on the lines...

Privatisation May Lead To Increased Charges, Lower Profits For Public: AINBOF

All India Nationalised Banks Officers Federation (AINBOF) has opposed privatisation of public sector banks as it will lead to increase in service charges and...

Appx. 80% Corporate Banks in India To Levarage Cloud by Year 2024, Says Report

Nearly 80 percent of corporate banks in India are forecast to run their trade finance and treasury workloads on Cloud by 2024, said a...

Domestic Funds See Outflows After 5 Years

Domestic institutional investors (DIIs) recorded their first outflows in 2020 after five years of inflows. This is at odds with bulge bracket FIIs powering...

Here Is Why, Higher Bank Credit May Not Always Lead To Higher Investment

An increase in credit from banks may not always lead to a rise in investments as largely anticipated, said an RBI working paper. The...

LVB Write-off To Hurt Investor Sentiments of Smaller Banks

The write-off of Lakshmi Vilas Bank's (LVB) debt is likely to hurt investor sentiment toward lower-rated and smaller Indian banks, which would push up...

Small Businesses Struggle More Than Salaried Due to Deposits Decline

Small businesses are struggling more than the salaried as seen from current accounts versus savings accounts trends. According to a report by Kotak Institutional Equities,...

Learn More About the Interest You Will Pay When Buying a House

Getting loans almost always equates to having to pay for interest rates, and banks and financial institutions have their ways of determining how much...

The Pros and Cons of Banks that Don’t Use Chexsystems

So, you’ve found a few banks in your area that don’t use Chexsystems. You’re ready to take the plunge and apply for a new...

Financial Lessons From Indian Fathers

By Siddhi Jain For each one of us, not only are our fathers the strongest and the best, they are also the go-to person for...

Rs 4,000 Crore Plan for Herbal Cultivation Includes Ganga River Banks, Informs Finance Minister

Finance Minister Nirmala Sitharaman on Friday informed that a corridor of medicinal plants would be created on the banks of the Ganga and for...

Majority of Urban Indians Have Chosen Banks as Most Essential Service During Lockdown, Reveals Survey

Nine in ten urban Indians (89 percent) picked banks as the most essential service during the lockdown from a list of businesses providing non-essential...

Paytm Payments Bank Receives Highest Success Rate of UPI Transactions: Report

Paytm Payments Bank Ltd (PPBL) has scored a higher success rate of UPI transactions than most major banking players such as Axis Bank, Yes...

Here’s Why India Should Expand its Financial Infrastructure

BY TAPONEEL MUKHERJEE Given India's need for infrastructure expansion and the infrastructure financing gap, attention needs to turn from the overall macroeconomic view on sectors...

Almost 58% Metropolitan Online Indian Adults May Switch Banks This Year: Survey

About 58 per cent metropolitan Indian online adults may switch banks this year, according to a survey by market research firm Forrester. "Poor digital experience"...

Google Aims to Partner with Banks to Offer Checking Accounts within Google Pay to Consumers

After Apple and Facebook, Google is all set to take a plunge into the financial world, with a bank near you. A Wall Street Journal...

New Survey States the Urgent Need of Scaling up Digitalisation by the APAC Banks

About 60 percent of Asia Pacific (APAC) banks either have no digital onboarding process for new customers, or only a part of it has...

Indians Are Willing To Share Personal Information With Their Banks, Claims Study

Seven in 10 consumers in India are willing to share personal information like location data and lifestyle information with their bank and insurer in...

North Korea Allegedly Stole Millions Of Dollar From Online Bank Heist

North Korea's nuclear and missile tests have stopped, but its hacking operations to gather intelligence and raise funds for the sanction-strapped government in Pyongyang...

Mobile Banking Becomes Main Personal Banking Channel in Singapore

Digitization is revolutionizing the personal banking sector, with mobile banking experiencing a 15% jump over the last 12 months, as noted by Telecomasia. In fact,...

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Breathing Exercises To Strengthen Your Respiratory System

While Covid-19 cases continue to surge, we need to be even more vigilant, while staying at home and keeping ourselves healthy and fit. While...

A Makeover Guide For All Mothers Out There

For generations, mothers have been a force of nature doing the heavy lifting when it comes to raising children right; keeping them safe, and...

Covid-19 May Cause Long-Lasting Harm To Heart: Doctors

A large number of recovered patients from Covid-19 have encountered heart problems and even patients with existing heart problems have felt its effects. The...

Make Your Mom Feel Extra Special With These Gifts

Thinking about what to get your mum for Mother's Day? Check out our compilation of ideas which makes for the perfect gift for mums...