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PTI
March 6, 2021
Cryptocurrencies are digital or virtual currencies in which encryption techniques are used to regulate the generation of their units and verify the transfer of funds, operating independently of a central bank


BusinessToday.In
March 6, 2021
Finance Minister Nirmala Sitharaman hints that the Centre may not go for a blanket ban on digital currencies in the country; says it's open to experimentation with new technologies


PTI
March 5, 2021
Three non-performing accounts, S Kumars Nationwide Ltd, Priya Ltd and Yuvaraj Power Projects, have been declared as fraud and reported to the RBI as per regulatory requirement, Indian Bank said


Anand Adhikari
March 4, 2021
Engineering giant L&T and technology majors Wipro and HCL Technologies have parked fund in HDFC Bank's consumer finance NBFC - HDB Financial Services


BusinessToday.In
March 4, 2021
From March 10, travellers undergoing pre-departure COVID-19 tests in Singapore will get their results in digital form as per the HealthCerts standard.


Reuters
March 4, 2021
The country is the world's second biggest sugar producer and the higher output could weigh on global prices


PTI
March 3, 2021
In the forward dollar market, the outstanding net purchase at the end of December was $39.792 billion, compared with net purchase of $28.344 billion in November, data showed


Aprajita Sharma
March 3, 2021
There are talks of North Block considering an 18 per cent GST on Bitcoin transactions. But, could there be a sin tax of 28 per cent, given its alleged nefarious status


Srinath Sridharan | Satyam Kumar
March 3, 2021
A symbiotic relationship between banks and digital NBFCs can lead the way towards a win-win situation for all


BS Srinivasalu Reddy
New Delhi, March 3, 2021
Laser-sharp focus on asset quality helps Utkarsh maintain lead over others


Team BT and KPMG
New Delhi, March 3, 2021
The methodology behind the BT-KPMG Best Banks Survey 2020


Anand Adhikari
New Delhi, March 3, 2021
HDFC Bank refused to compromise on profitability and tapped semi-urban and rural markets to emerge far ahead of rivals


Sanjay Doshi
New Delhi, March 3, 2021
Banks' ability to transform themselves with speed and agility to survive the next revolution will determine the winners and losers


Anand Adhikari
New Delhi, March 3, 2021
Digitisation and proposed ARC for bad loans and development financial institution will help the banking industry reboot. The 25th edition of the BT-KPMG Best Bank Study brings you future ready banks and Fintechs


BS Srinivasalu Reddy
New Delhi, March 3, 2021
Bank of America won by focusing on large Indian firms and multinationals


BusinessToday.In
March 2, 2021
From an average of 2-3 billion digital transactions monthly, India has set an ambitious target of 1 billion digital transactions per day.


Nevin John
March 2, 2021
Star Thermal promoters are natives of Tamil Nadu; they were partners in a Dubai-based $6 billion conglomerate involved in execution of various infrastructure projects, especially in power generation, transmission and distribution


Chitranjan Kumar
March 2, 2021
Axis Bank says that leading and concurrent high frequency indicators are showing signs of plateauing at about 3 per cent below pre-lockdown levels, which is a cause for worry


Anand Adhikari
New Delhi, March 2, 2021
The five year term of the Monetary Policy Committee (MPC) with an inflation target of 4 per cent and band of 2 to 6 per cent is ending in March 2021. The government in consultation with the RBI, will decide the new inflation band for the MPC for next 5 years. While some suggest the existing 4 per cent target should be continued, others are insisting on a higher band. Some are also asking to review the benchmark itself from CPI to core inflation or WPI. However, there are many other critical factors which also need equal attention from the RBI as well as the government. Anand Adhikari, Executive Editor, Business Today explains in detail.Also Read: Bonds jitters setting markets in 'completely new light': BIS


Reuters
March 2, 2021
Reserve Bank of India (RBI) rules allow banks to hold up to 50% stakes in insurers and on a selective basis equity holdings can be higher but must eventually be brought down within a certain period


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