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Markets
Mounting pressure on banks’ top line
Banks
Banks entering period of low revenue growth for 2HFY24
RBI issues new directions to banks, NBFCs on IT governance & cyber security
Industry
Adani Cement refinances $3.5 billlion loan
RBI’s intervention in unsecured loans could hurt growth of banks, NBFCs
Technology
Razorpay launches AI-powered payments routing system
Govt clears appointments of 12 executive directors for various state-owned banks
18% GST on corporate guarantees likely
How Safe Are Cash and Jewelry in a Bank Locker? The Surprising Truth about Liability
Sidbi to raise Rs 10,000 crore from rights issue next fiscal
RBI decides to withdraw incremental CRR in phased manner
Corporate
Uday Kotak: A journey to meteoric heights cut short by regulator