Page 108 - Bs Reporter

NSE unique investor count tops 90 mn; Sebi's settlement plea of 4 banks

Mahar­a­sh­tra has the highest number of unique investors at 16 million followed by UP and Gujarat with 9.7 million and 8.1 mi­llion investors, respectively

Tamil Nadu contributes to 32% of India's total electronics exports till Jan

The state has been making rapid strides in all areas of industrial growth, primarily due to its connection with stakeholders

Nine industrial parks developed post-2011: West Bengal industry minister

The minister said this while highlighting the focus given to industrial infrastructure development by way of existing and new industrial parks

Bringing a plug-in-hybrid for India makes no sense for Skoda: Senior exec

Automakers have to be 'flexible and agile' to act according to customers' wishes and government regulations, says Martin Jahn

SC rules companies need not deduct tax for discounted SIM cards sales

This means that telecom companies need not deduct TDS for selling pre-paid SIM cards to their distributors at a rate below the market price

Banks must be allowed to fund developers for land acquisition: Parekh

Parekh says there's a need to provide builders with an impetus to launch projects in the affordable housing space, along with allowing bank credit for land acquisition, albeit with some conditions

BS IMLC: 'There's a need for re-look at affordable housing definition'

Cost of finance to housing firms is a concern, considering the inherent risks in the industry, said Adhikari

Revisit sops for loans to push housing sector growth: Khara at BS IMLC

Pointing to economic spinoffs, such as creating jobs, Dinesh Khara, chairman, says it's time to revisit tax benefits for loans

Sion Investment exits CMS Info; ICICI Bank ups stake in ICICI Lombard

Private sector lender ICICI Bank on Tuesday hiked its stake in ICICI Lombard General Insurance by 1.42 per cent

BS IMLC: 'Developers looking beyond capital, aiming to tap smaller cities'

There is confusion among buyers regarding the distinction between land and a house due to issues with land records and opaqueness

Challenges remain, but India better equipped to move to Cloud: Experts

At the Business Standard BFSI Insight Summit, a panel discussed how Cloud and data centres have allowed banking, financial services and insurance (BFSI) and fintechs

Digital payments: 'A shift in focus crucial to drive next phase of growth'

A policy document, which was published by the UN before the G20 Summit, mentions India has achieved around 80 per cent of financial inclusion in the last six years

PhonePe got lucky by betting on UPI before everyone jumped in: CEO

Nigam said the fintech startup's UPI play gave it a boost, even as many banking and technology companies failed to tap digital payments at scale

RBI should look favourably to allow NBFCs access deposits: Experts

At the Business Standard BFSI Insight Summit 2023, the chiefs shared their views during a panel discussion on 'Catch-22 - To be or Not To Be A Bank'

Balance sheets of SFBs are larger than those of universal banks: Panel

Participants at a panel discussion at the Business Standard BFSI Insight Summit 2023 say that SFBs need diverse product lines

BS Banking Annual 2024: Why banks can't be technology companies

CEOs of India's largest private and foreign banks say their business is 'unique, trust is its most important word'

The good times will last longer, says public sector bank CEOs panel

Bandyopadhyay spoke on the situation's sustainability with some of India's leading PSB chiefs

While competing hard for money, interest rate risks under control: Khara

Khara spoke at the 'Business Standard' BFSI Insight Summit 2023 about how the state-owned is carefully looking at interest rate risk

There is alignment of everything that we need in banking: K V Kamath

"The rise of the mutual fund industry is key. Mutual funds today are taking in more money. These could give better returns than banks," said Kamath

Financial markets must play long term, like Rahul Dravid: Shaktikanta Das

Das spoke on a host of issues: talent retention and salaries of bank chief executives, potential risks to growth, cryptocurrencies, corporate governance and internationalisation of the rupee