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FINANCIAL SYSTEM DIGITALISATION
China out, India in? The Japanese begin a quiet but powerful pivotJapanese banks are increasingly shifting their Asia strategy from China to India and Southeast Asia as slowing growth, rising costs and geo...- Kazakhstan to attract international investors; introduce Golden Visa scheme & reform residency rules for skilled foreignersKazakhstan is setting the stage for a transformative migration policy. With a focus on drawing in top-tier professionals and foreign invest...
- Portugal eyes bigger role in India’s infrastructure, manufacturing push as trade ties deepenPortugal's Minister of State for Economy, João Rui Ferreira, expressed readiness to contribute to India's infrastructure goals, highlightin...
- RBI's Utkarsh 2.0 places focus on better serviceRBI's new plan places emphasis on improving customer service and financial inclusion, alongside efforts to strengthen market infrastructure...
- Shaktikanta Das reveals how India broke a ‘Chakravyuh’ and 7 steps for businesses to navigate war stormDuring a keynote speech, RBI ex-Governor Shaktikanta Das emphasised India’s remarkable ability to weather global storms. He referred to the...
- Hindustan Copper eyes Navratna status, says CMDHindustan Copper Ltd is aiming for Navratna status. This recognition signifies improved operations and strategic growth. The company is agg...
- VINCI to acquire Macquarie's India road assets for ₹15,000 crGlobal investor Macquarie Asset Management will sell its Indian toll road assets to VINCI Highways. The deal is valued at approximately $1....
- Regulation a challenge in digital era: RBI deputy governor Shirish Chandra MurmuIndia's central bank warns that rapid digitalization is shrinking the window for regulators to address financial risks. Deputy Governor Shi...
- RBI Dy Governor Shirish Chandra Murmu warns digitalisation is compressing regulatory response timeIndia’s central bank has warned that rapid digitalisation is shrinking the time regulators have to spot and respond to financial risks, cal...
- China says to launch digital currency action planThe "action plan" will see banks pay interest on balances held by clients in digital yuan -- a move to incentivise broader adoption of the ...
- Digitalisation, new financial products call for timely global tax info exchange: Nirmala SitharamanFinance Minister Nirmala Sitharaman emphasized global cooperation for timely tax information exchange. Digitalization and new financial pro...
- Digitalisation helps improve monetary policy transmission: RBIIf digitalisation were to lead to a decline in resistance to price change by 10%, say, due to the rising online presence of retail stores a...
- Excessive outsourcing of banks' core activities will lead to concentration risk: RBI executive director“In line with our outsourcing guidelines, the board and senior management must ensure that at no point of time, the core activities of bank...
- RBI takes up project to digitise farm loan delivery under KCC schemeThe central bank will run a pilot project for end-to-end digitalisation of KCC lending from September in select districts of Madhya Pradesh...
- Payments tech economy’s lifeline, vital for financial inclusion: RBI governorDas said that 91% of prepaid instruments were in the form of e-wallets and the rest in the form of cards. He said the shift to digital has ...
- Banks' low profitability, weak asset quality pose difficulty in boosting digitisation: S&PIn its report titled 'Tech Disruption in retail banking: Top tier banks lead the change', S&P said India's digital disruption, however, pos...
- Budget Wishlist 2019: MobiKwik boss banks on inclusive financial growth for all segments of societyUpasana Taku expects the Modi government to give a push to the digitalisation of financial services this year.
- India should take steps to ensure privacy in biometric identification programmes: IMFIMF said India should take necessary measures to ensure privacy and security controls while implementing large identification programmes li...
- Demonetisation stick now needs incentives as carrots: Economic Survey“Digitalisation is not a panacea, nor is cash all bad. Public policy must balance benefits and costs of both forms of payments. Second, the...
- Digitalisation not a panacea, cash not all bad: Economic SurveyThe Survey, tabled by Finance Minister Arun Jaitley in Parliament, said transition to digitalisation should be gradual after taking full ac...
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