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| realinvestmentadvice.com | 11 months ago |
Is The Bond Basis Trade Freaking Out The Bond Market?
What is up with the bond market?
| reuters.com | 11 months ago |
Private credit secondary sales set to rise as market turmoil spurs hunt for cash
Investors seek liquidity amid Trump's trade wars,Private credit secondary market poised for growth.
| nytimes.com | 11 months ago |
Bond Market Sell-Off Prompts Bank of England to Make Unusual Move
Britain’s central bank altered a planned bond sale, citing “recent market volatility.”
| financialexpress.com | 11 months ago |
Retail loans by NBFCs set to get cheaper
Non-banking financial companies (NBFCs) are poised to offer retail loans at potentially lower interest rates
| business-standard.com | 11 months ago |
Risk-taking must be intelligent and well planned for NBFC sector says RBI Deputy Governor
For this sector, risk-taking must be intelligent and well planned, and never beyond the risk absorption capacity of the entity concerned.
| bankingfrontiers.com | 11 months ago |
RBI cancels Certificate of Registration of 15 NBFCs
RBI cancels Certificate of Registration of 15 NBFCs
| timesofindia.indiatimes.com | 11 months ago |
Banks start reducing rates after RBI Repo rate cut
Several banks revised their external benchmark lending rates after RBI cut repo rates yesterday
| asianbankingandfinance.net/ | 11 months ago |
BofA’s AI virtual assistant Erica halves IT service desk calls
It plans to incorporate gen AI in Erica for coding assistance and report synthesis.
| bankingdive.com | 11 months ago |
Ex-Frost employee sues bank, alleging retaliation, conspiracy
Chad Jones, a former investment adviser at the bank, accused two former colleagues of “act[ing] in concert to create a false narrative and shield gross incompetence from internal scrutiny.”
| latestbankupdate.com | 11 months ago |
BOI to Absorb Full Perquisites Tax After FBOIOA’s effort
In a major relief for its employees, the Bank of India (BOI) has decided to absorb 100% of the perquisites tax liability arising from concessional and interest-free loans provided to staff members. The move comes after persistent efforts by the Federation of Bank of India Officers' Association (FBOIOA).
| www.latestbankupdate.com | 11 months ago |
ED arrests Samajwadi Party leader in Rs.750 Crore Bank Fraud Case with 7 banks led by BOI
Vinay Shankar Tiwari, a prominent Samajwadi Party (SP) leader and the son of the late powerful politician Hari Shankar Tiwari, was taken into custody by the Enforcement Directorate (ED) on Monday in relation to a huge bank fraud case worth ₹750 crore
| cfo.com | 11 months ago |
Growing uncertainty stalls expected M&A comeback
Recent strong economic signals have given way to a lower appetite for risk among buyers amid the current trade wars.
| bankingfrontiers.com | 11 months ago |
Revolutionizing Audit & Compliance with eTHIC by NCS Softsolutions
In an era where governance, risk, and compliance (GRC) are more crucial than ever, NCS Softsolutions stands as a beacon of innovation and trust
| bankingfrontiers.com | 11 months ago |
CareEdge: Indian private banks are surmounting the storm
An analytical note by CareEdge on the Indian banking industry paints a positive picture for Indian private banks:
| bankingfrontiers.com | 11 months ago |
Piramal Finance and ICICI Bank join hands for co-lending partnership
Piramal Finance Limited has partnered with ICICI Bank to improve credit accessibility for middle and low-income borrowers, especially in rural and semi-urban regions, focusing on home loans and loans against property.
| bfsi.eletsonline.com | 11 months ago |
BharatPe Gets RBI Approval for Payment Aggregator Business
BharatPe, a prominent Indian fintech company, has achieved a significant milestone by receiving final approval from the Reserve Bank of India (RBI) to operate as an online payment aggregator.
| newsroom.bankofamerica.com | 11 months ago |
More than 90% of employees use AI-driven virtual assistant for increased efficiency
“AI is having a transformative effect on employee efficiency and operational excellence at BOFA
| tradebrains.in | 11 months ago |
NBFC stocks crashes by up to 10% after RBI announces comprehensive norms on gold loans
On the Wednesday trading session, the gold loan sector saw a significant drop in stock prices following the Reserve Bank of India’s (RBI) announcement of tighter regulations for Non-Banking Financial Companies (NBFCs) offering gold loans.
| thehindubusinessline.com | 11 months ago |
RBI issues draft guidelines for gold loans; NBFC stocks fall
Banks tend to keep gold loan LTV ratio at 60-70 per cent, while NBFC have 70-80 per cent LTV on gold loans.
| economictimes.indiatimes.com/ | 11 months ago |
Bank stocks fall up to 4% after RBI repo rate cut; gold loan NBFCs hit hard
Banking stocks declined up to 4% on Wednesday despite the Reserve Bank of India (RBI) reducing the repo rate by 25 basis points to 6% and shifting its monetary policy stance from 'neutral' to 'accommodative.'
| londonlovesbusiness.com | 11 months ago |
The role of risk management in banking stability
The role of risk management in banking stability
| indianexpress.com | 11 months ago |
Govt works to bring online gaming firms under PMLA fold
PMLA stipulates certain record-keeping and reporting obligations for financial institutions — banks, financial intermediaries or a person carrying on a designated business or profession — by classifying them as reporting entities.
| apacnewsnetwork.com | 11 months ago |
Govt Finally Notifies Merger of 26 Regional Rural Banks Under ‘One State One RRB’ Plan
In a significant move to streamline rural banking operations, the Department of Financial Services (DFS) has notified the amalgamation of 26 Regional Rural Banks (RRBs) across 10 states and one Union Territory under the One State One RRB plan.
| cnbc.com | 11 months ago |
Finance Fake job seekers are flooding U.S. companies that are hiring for remote positions, tech CEOs say
Companies are facing a new threat: Job seekers who aren’t who they say they are, using AI tools to fabricate photo IDs, generate employment histories and provide answers during interviews.