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Latest Articles in financial services
Big Tech Firms Offering Financial Services Pose Risk To Stability: RBI
Big techs can scale up rapidly and pose risk to financial stability, which can arise from increased disintermediation of incumbent institutions, it noted
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Customer 360: Reinventing The Rules In Financial Services
In a recently concluded roundtable organised by BW Businessworld with some of India’s top leaders associated with the finance sector, a wide range of topics were discussed, including the impact of the pandemic on the financial services industry
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Budget 2022: Assocham Recommends Permanent Refinance Window For NBFC Sector
The industry body said that in the past few years the NBFC sector has witnessed a liquidity crunch in the market due to external factors.
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PE Inflows Jump 15% In 2021 To Record $40B
Analysts at the agency expect the inflow momentum to continue in 2022 as technology companies, especially startups, continue to attract capital from both private and public markets.
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Our Strategy Is Focused On Hybrid Cloud & AI
IBM is on a growth path and sees hybrid cloud and AI as a $1 trillion market opportunity, informs Sandip Patel, MD, IBM India in this conversation with BW Businessworld. Excerpts:
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Redefining Customer Experience In Banking, Financial Services Using Data And Analytics
Leading firms are tapping into valuable, but underleveraged data sources to better understand customers, identify gaps in experience, and deliver personalized experiences. However, this is easier said than done.
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Financial Services Company FIS To Hire 10,000 People In India
India is a strategic centre of employment for FIS with nearly one-third of FIS employees living and working within the country''s borders and it will invest heavily in this market
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Xiaomi To Offer Full Spectrum Of Financial Services In India Via Partners
The top executive said Mi Credit will now offer a higher pre-approved loan of Rs 25 lakh (against Rs 1 lakh previously) and tenure of up to 60 months.
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Hiring Activity Rises 11 % In Apr-Jun; IT, Financial Services, BPO/ITeS Drive Demand: Survey
As many as 76 per cent of the job seekers surveyed did not receive COVID-related benefits/compensation packages or mental health support.
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RBI Allows Centrum To Take Over PMC, Re-Launch It As SFB In JV With BharatPe
The PMC books were so bad that as much as 73 per cent of its assets or over Rs 6,500 crore of its loan book of Rs 8,880 crore were to one account HDIL, and all of them had turned dud as of September 19, 2019.
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NTT And Tokyo Century Collaborate On Data Center Operations In India
NTT and Tokyo Century agreed that combining the strengths of both companies and jointly operating and promoting data centers will enhance corporate value.
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RBI Guv Asks Pvt Banks To Ensure Continuity In Provision Of Various Financial Services
The governor had announced a slew of measures, including term liquidity facility of Rs 50,000 crore to ease access to emergency health services.
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Motilal Oswal Logs Highest-Ever Quarterly Net Profit Of Rs 448 Cr In Mar Quarter
The main brokerage business booked the highest-ever revenue and profit at Rs 514 crore for the quarter, which was up 51 per cent as against a year ago.
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Paytm To Make Available 21,000 Oxygen Concentrators From May 1st Week
India is struggling with the second wave of the coronavirus infection and hospitals in several states are reeling under shortage of medical oxygen and beds in view of rising number of COVID-19 cases.
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Engineering Success
Revenue from the hydrocarbon business, which contributed 11 per cent to total revenue, grew 15.1 per cent year-on-year to Rs 4,979.2 crore and EBIT jumped 30 per cent to Rs 502.3 crore.
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