banking - Latest News, Analysis, Opinion

Latest Articles in banking

Kotak Bank’s Shareholders Nod For Uday Kotak To Be Non-executive Director Post MD Term

He would be taking the director role after ending his term as MD and CEO on December 31, 2023, according to the bank’s exchange filing

Planned and Organized Deficit Spending V/S Banking Transaction Tax V/S Modern Monetary Theory

Vidur Raj

Opinion Columns

The idea that spending should be equal to taxes is what MMT opposes. In fact, it says that the budget should reflect the economic conditions injecting or removing money from the economy to properly manage inflation and unemployment.

Tech: Unlocking Incremental Value For Banks

Rohit Chintapali

A strong hybrid cloud strategy is pivotal for banks in the era of open banking

Union Budget 2023: Key Takeaways Of The Banking Sector

Suchita Sail

Banking & Finance

While the center claims the budget herald’s good news for both the industrial sector and the common well-being, let us monitor the key aspects of the budget in the banking field, a significant pro-growth sector toward the revival and sustainable development of the country.

Banking Sector Lauds Union Budget 2023, Calls It ‘Focused’

Tarannum Manjul

Banking & Finance

The banking sector called the union budget 2023-24 focused on fiscal consolidation

Breaking Misconceptions

BW Online Bureau

“Bankers have often been painted as villains without realising the contribution they made to the economic development of the country”

Banking On Technology For Financial Inclusion

Rohit Chintapali

Banking & Finance

The breakout success of fintechs more recently brought upon the realisation amongst the largest banks of the country that working towards financial inclusion backed by technology is the only way to survive and thrive in the era of ‘digital’

RBI Introduces Single-Block-And-Multiple-Debit Functionality In UPI

BW Online Bureau

Banking & Finance

RBI Governor Shaktikanta Das said after publicising the bi-monthly policy review. “It has been decided to introduce a single-block- and-multiple-debit functionality in UPI, which will significantly enhance the ease of making payments in e-commerce space and towards investments in securities"

UCO Bank Increases Interest Rates On FD By Upto 135 bps

BW Online Bureau

Economy

The bank increased interest rates on fixed deposits with maturities ranging from 46 days to 666 days for retail clients

TWTW Weekly Wrap Up: 20-26 Nov

BW Online Bureau

Tech

"A robust banking structure enabled by the latest tech innovations will help India transition from a developing nation to a superpower where the IT Services Sector will play a huge role." — Jagdish Mitra, Chief Strategy Officer & Head of Growth, Tech Mahindra

The Most Influential 100 Inside World Of Crypto

BW Online Bureau

Banking & Finance

The global cryptocurrency market cap today is $845 Billion and surpassed a trillion-dollar value multiple times this year. There are 13,258 cryptocurrencies getting traded across 606 exchanges as of today’s data.

Ujjivan Small Finance Bank Reports Net Profit Of Rs 294 Cr

BW Online Bureau

Banking & Finance Banking

In the quarter ended September 2022, total operating income grew 53.97 per cent to Rs 993.18 crore from Rs 645.04 crore in the previous quarter ended September 2021

Liquidity In India's Banking System Is Likely To Remain In Deficit In 2nd Half: Analysts

BW Online Bureau

Banking & Finance

The country's banking liquidity slipped into deficit on Tuesday for the first time in over three years, according to data from the Reserve Bank of India