Money leaving the banking system and entering the markets through unsecured lending, cautions Kamath at the Business Standard BFSI Insight Summit
Stock Market Highlights: Benchmark Indian equity indices ended in the red for the second straight session on Friday, weighed most by financial and OMC stocks
While compliance may incur costs, it strengthens consumer trust and safeguards data security in an era when customers increasingly demand faster service, said panellists at the BS BFSI Summit
Payment and security experts explain widespread scams, bat for better cooperation and education
BS BFSI Summit: There is limited room for PE multiples to move up and return expectations going ahead have to be moderate, analysts said at the Business Standard BFSI Insight Summit
The Reserve Bank of India (RBI's) had said that housing finance companies find the pre-payment penalty imposed as a challenge for the lenders. However, there is better clarity on regulations
Focus is on staying ahead on the technological front
He also spoke about how the RBI is looking to internationalise the Unified Payments Interface, and the plans for the Unified Lending Interface and central bank digital currency
Money managers noted that as markets retreated, earnings growth expectations also moderated, neutralising impact on valuations
As per a Knight Frank-Business Standard report, 52 per cent of surveyed urban Indian homebuyers prefer apartments
Young and innovative fintech firms can push boundaries even within regulatory limits
A change in stance does not signal an immediate rate cut, the Governor said
India heads see new opportunities as Indian economy gains ground
Top executives from private sector banks were in a conversation with Tamal Bandopadhyay at the Business Standard BFSI Insight Summit 2024
He said the Indian financial sector is resilient enough to deal with any spillover from the external world on a day markets turned volatile following the US election results
Speaking at the BS BFSI Summit, Shashank Kumar said that the firm has certain internal milestones, especially for the new biz they have launched and therefore, going public would likely be beyond 2026
SFBs have a talent pool of senior managers with over 20 years of experience, ensuring robust succession planning for a professionally managed bank.
The RBI recently took a firm stance by halting the loan disbursement activities of four entities cited above with effect from October 21
Slowdown in unsecured loan growth due to rising risk rates: SBI chief
Stock Market Highlights: As many as 41 out of 50 constituent stocks of Nifty50 ended higher, led by BEL, Adani Enterprises, TCS, HCL Tech, and Wipro