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News
Brics Delhi Declaration raises concerns over surge in payment frauds
20+ hour, 6+ min ago (305+ words) The joint declaration by countries on cross-border fraud, especially through payment systems, is likely the first time that the issue has been raised at such a forum. The New Delhi Declaration, signed by member countries at the 18th Brics Summit, has…...
HDFC Bank's board approves two names for MD&CEO, sends shortlist to RBI
23+ hour, 13+ min ago (326+ words) The bank did not disclose the shortlisted candidates. Also, the board inducted Jimmy Tata as executive director and said it would add a whole-time director position as part of succession planning The board of Indiaâs largest private sector lender,…...
RBI asks Tata Sons to go in for immediate stock market listing
23+ hour, 32+ min ago (373+ words) RBI has rejected Tata Sons’ application seeking exemption from the core investment company category and asked the Tata group holding company to proceed with an immediate stock market listing. (File photo of Bombay House) The Reserve Bank of India (RBI)…...
HSBC CFO Succession: Who Could Replace Pam Kaur in 2027?
1+ day, 1+ hour ago (581+ words) HSBC is set to begin its search for a new CFO after Pam Kaur announced plans to retire in 2027. Here are the internal and external candidates in contention....
Rally in oil prices continues to batter the INR
3+ day, 7+ hour ago (330+ words) The Indian rupee slumped sharply on Thursday as Brent oil hit 104 and soaring nearly 15% since the start of September amid escalatory strikes between Iran and the US. INR depreciated 38 paise to close at 95.46 (provisional) against the US dollar. Brent crude…...
HSBC's first female CFO Pam Kaur to step down from role in 2027 | World News
2+ day, 17+ hour ago (376+ words) HSBC said its board has started to look for a successor, and will consider "both internal and external candidates". HSBC Chief Financial Officer Pam Kaur plans to step down in 2027, the bank said on Thursday, the latest high-profile executive departure…...
Fintechs should treat customer data as fiduciary responsibility: RBI Guv
3+ day, 7+ hour ago (504+ words) RBI Guv asks fintechs to treat customer data as fiduciary responsibility Business Standard...
RBI plans to drain ₹5 trillion via 26-day liquidity mop-up auction
2+ day, 19+ hour ago (350+ words) Central bank will conduct a 26-day VRRR auction on Friday to absorb surplus banking-system liquidity; funds placed in the auction will be reversed on October 7 The Reserve Bank of India plans to conduct a 26-day variable rate reverse repo (VRRR)…...
Datanomics: NBFC asset quality improves but trails banks' performance
3+ day, 7+ hour ago (196+ words) Business Standard Non-banking financial companies (NBFCs) should prioritise asset quality over loan growth, Reserve Bank of India (RBI) Deputy Governor Shirish Chandra Murmu recently said, citing their role in extending credit to underserved communities NBFCsâ overall gross non-performing assets as…...
RBI Guv asks fintechs to treat customer data as fiduciary responsibility
2+ day, 20+ hour ago (642+ words) Business Standard...