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RIL had in October 2022 approved the demerger of the financial services arm of its group

Reliance Industries Calls For Creditors, Shareholders To Meet On 2 May

The meeting has been called for discussion on the demerger of the financial services business. After the demerger, the shares of Jio Financial Services will be listed on NSE and BSE

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

Safer Internet Day: Data Safety Essentials For Financial Services Industry

Ramanujam Komanduri

Tech

Cyberattacks, including short and long-term hacking, ransomware attacks, intrusions and data breaches, transfer of sensitive personal data into the wrong hands. This results in not just severe financial and customer losses but also irreparable reputational damage to financial institutions

Over 71% Financial Services, Fintech Firms Keen On Developing Embedded Finance Products: Report

The study also found that 44 per cent of the financial services and fintech firms which are investing in embedded finance believe it will increase revenue

‘To Stay Ahead In 2023, Start Leveraging Analytics-driven Security Solutions’

Rohit Chintapali

Tech

BW Businessworld recently got in touch with Robert Pizzari, Vice President Security, APAC, Splunk. During the interaction, he revealed how cybersecurity threat landscape may change in 2023, tech trends in cybersecurity and Splunk's India focus

Wipro Debuts Financial Services Advisory Capability In India

The capability from Wipro will be supported by Capco to jointly offer end-to-end transformation services for this sector

Reliance To Demerge Financial Services Undertaking, List Jio Financial Services

RIL shareholders will get shares on a 1:1 basis in JFSL (to be listed) enabling upfront value unlocking

Financial Services Are Prime Targets For Attackers: Kartik Shahani

Rohit Chintapali

Tech

Kartik Shahani (Country Manager, Tenable India) shares insights on cyber-risks that affect companies in the financial sector and how they can manage them

Big Tech Firms Offering Financial Services Pose Risk To Stability: RBI

Gadgets & Technology

Big techs can scale up rapidly and pose risk to financial stability, which can arise from increased disintermediation of incumbent institutions, it noted

Customer 360: Reinventing The Rules In Financial Services

Ratnadeep Choudhary

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

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.

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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