Page 26 - Specials News
Industry can aspire to reach $5 a person monthly SIP in five years: Bhatia
With this, monthly SIP inflows can reach Rs 50,000 cr, says Sebi whole-time member
 "Industry can aspire to reach $5 a person monthly SIP in five years: Bhatia")
Persistency ratio must improve for life insurance customers: CEOs at BFSI
Work done by life insurance industry led to economic revival amid Covid
 "Persistency ratio must improve for life insurance customers: CEOs at BFSI")
With nearly $18-billion haul, this was best year for auction houses
This record year might say more about the nature of the auction house business than the art market itself
 "With nearly $18-billion haul, this was best year for auction houses")
Less-cash society more achievable than cashless: E-payment leaders
''When we talk about cashless society, we are not talking about people in Mumbai. We are talking about people who are in the hinterland''
 "Less-cash society more achievable than cashless: E-payment leaders")
NBFCs are not dying to become banks: Industry leaders at BS BFSI Summit
NBFC have certain disadvantages compared to banks on the liability side and they don't have access to demand deposits like commercial banks but this is not a big impediment to growth of the industry
 "NBFCs are not dying to become banks: Industry leaders at BS BFSI Summit")
SFBs hope to give large private banks a run for their money: BFSI panelists
When we started five years ago, we thought it would be a marathon but it has turned out to be a steeplechase: Samit Ghosh
 "SFBs hope to give large private banks a run for their money: BFSI panelists")
Consolidation of PSBs gives a robust base to scale: Bankers at BFSI Summit
About privatisation of state-owned banks, State Bank of India (SBI) Chairman Dinesh Kumar Khara said he was agnostic to ownership
 "Consolidation of PSBs gives a robust base to scale: Bankers at BFSI Summit")
Finance sector suffers from 'hyperactive regulatory activity': M Damodaran
Speaking at the summit, the former bureaucrat added the need for specialised talent in the regulatory bodies, ranging from lawyers to accountants and auditors
 "Finance sector suffers from 'hyperactive regulatory activity': M Damodaran")
Rising cyberthreats a real concern, say fintech players at BFSI summit
The growing cyberattacks across the finance world as well as business in general is making senior executives more aware of the need for security
 "Rising cyberthreats a real concern, say fintech players at BFSI summit")
Liability management now top priority for lenders: Private bank CEOs
Private bankers said there were signs that the credit demand was durable and as such the landscape for banks' management of assets and liabilities would remain challenging for quite some time
 "Liability management now top priority for lenders: Private bank CEOs")
All entities providing banking service subject to same rules: RBI Dy Guv
Non-bank entities cannot be allowed to undermine the banking system, he says at Business Standard BFSI Insight Summit
 "All entities providing banking service subject to same rules: RBI Dy Guv")
India to face export shocks from global recession: BFSI economists' panel
While two of the eminent panelists - Ghosh and Nayar - said they expect a pause in the monetary cycle by the MPC, Chakraborty, Sagar, and Kapoor said the MPC could still hike by 25-50 basis points
 "India to face export shocks from global recession: BFSI economists' panel")
SIDBI identifies MFIs to provide enhanced support for micro-lending
Speaking at Business Standard's BFSI Summit, Ramann added that the state-owned small industries lender said that it is once again looking at how to bring capital to micro finance institutions
 "SIDBI identifies MFIs to provide enhanced support for micro-lending")
BFSI Summit: Credit growth not exuberant, shows economic strength, says Das
'Loan-deposit growth gap due to base effect; high-frequency indicators in green zone'
 "BFSI Summit: Credit growth not exuberant, shows economic strength, says Das")
Next financial crisis will come from crypto: RBI Guv Das at BFSI summit
Business Standard BFSI Insight Summit 2022: Das said that these currencies have "no underlying whatsoever" and pose a threat to macroeconomic stability
 "Next financial crisis will come from crypto: RBI Guv Das at BFSI summit")
India to receive record remittances but experts worry CAD will still widen
Of $90 billion remittances that India is expected to receive in 2022, only $27.4 billion has come in the first half of the year
 "India to receive record remittances but experts worry CAD will still widen")
Spike in fodder costs raise fears of impending shortage of milk products
In milk, around 80 per cent of what consumers pay is passed on to the farmers in the form of procurement price
 "Spike in fodder costs raise fears of impending shortage of milk products")
UPI should continue to be free in India: Paytm's Sharma at BS BFSI summit
Business Standard BFSI Insights Summit: Shekhar said it was earlier easy to raise money based on the company's forecast, but now it can only be done when the company 'exhibits that it can make money'
 "UPI should continue to be free in India: Paytm's Sharma at BS BFSI summit")
Zero MDR a force-multiplier of economic growth: Paytm chief at BFSI summit
We will be known as (the) consumer technology builder of the world,' said Sharma at the Business Standard BFSI Insight Summit in Mumbai on Wednesday
 "Zero MDR a force-multiplier of economic growth: Paytm chief at BFSI summit")
Business Standard's BFSI Insight Summit kicks off today
RBI Governor Shaktikanta Das will share his views on key aspects of the economy in a fireside chat
 "Business Standard's BFSI Insight Summit kicks off today")