Versuchen GOLD - Frei
Corona Would Go; We Won't
BANKING FINANCE
|June 2020
"Tough times don't last, tough people do"

There is no denying the fact that the whole world is currently passing through an unprecedented crisis due to the widespread outbreak of coronavirus. Never before we had witnessed a pandemic of such magnitude which has ravaged the industries and economies all around the globe in one go. The ongoing crisis has resulted into production losses to the extent of recession gradually culminating into job losses, wage cuts and retrenchments. The crisis is deepening further and nobody knows how graver the situation will become and how long this all will continue.
Amid this entire crisis situation, China, the originating country of the pandemic, gives us a glimmer of hope with Wuhan, the epicentre of the pandemic limping back to normalcy. But, the picture is quite opposite in rest of the world where the number of coronavirus infected people is growing exponentially with each passing day. Be it developed, underdeveloped, or developing country, everywhere casualties due to coronavirus are on the rise. Even the heads of different countries had to be quarantined, for example, the British prime minister had to be admitted to ICU. The situation continues to be grim and lockdown has been imposed in almost every country. Still there seems to be no respite in sight due to unavailability of any vaccine as of now!
Anticipating the magnitude of the problem, the Central government, as well as the state governments have already taken several pre-emptive steps to curtail the spread of the virus. For this purpose, initially, a three-week lockdown was imposed in the country, now the lockdown is being further extended. Several states have extended their lockdown period to another 15 days.
Diese Geschichte stammt aus der June 2020-Ausgabe von BANKING FINANCE.
Abonnieren Sie Magzter GOLD, um auf Tausende kuratierter Premium-Geschichten und über 9.000 Zeitschriften und Zeitungen zuzugreifen.
Sie sind bereits Abonnent? Anmelden
WEITERE GESCHICHTEN VON BANKING FINANCE

BANKING FINANCE
Masters of One or Jacks of All _ Creating a Strong Leadership Pipeline in Banks
Neuroadaptive AI wasn't just listening. It was watching. It was interpreting micro-signals, subtle hesitations, unspoken doubts, and stress markers invisible to even the best human coach, and adjusting the learning journey accordingly. It wasn't just feedback. It was a mirror. And for many in that room, it was the first honest one they'd looked into in a while.
4 mins
September 2025

BANKING FINANCE
India's GIG Economy: "The Rise of Freelance India"
India's digital revolution-driven by cheap data, widespread smartphone use, and expanding broadband-has laid the foundation for the gig economy. Platforms like Swiggy, Ola, and Urban Company use real-time tech to match workers with demand instantly, enabling flexible and accessible work opportunities.
8 mins
September 2025
BANKING FINANCE
Exim Bank's study highlights the immense opportunities for increasing bilateral economic cooperation between India and Brazil
Exim Bank’s recent research publication titled “Strengthening India-Brazil Economic Relations through Sustainable Cooperation”, was released at the hands of Shri Hansraj Singh Verma, Consul General of India in São Paulo and Ms. Harsha Bangari, Managing Director, Export-Import Bank of India, on July 10, 2025, at Exim Bank’s newly opened Representative Office in São Paulo, Brazil.
1 min
September 2025
BANKING FINANCE
Axis Bank introduces industry-first'Lock FD' feature to safeguard term deposits against digital frauds
Axis Bank, one of the largest private sector banks in India, today announced the launch of an industry-first feature - ‘Lock FD’, designed to protect customers’ term deposits from rising digital frauds.
1 mins
September 2025

BANKING FINANCE
Legal News
RBI Mandates Domain Migration to \".IN\" for Financial Institutions
2 mins
September 2025
BANKING FINANCE
In 9 years, PSBs write-off Rs. 12 lakh cr
Public Sector Banks (PSBs) wrote off over Rs. 12 lakh crore between FY16 and FY25, the Finance Ministry informed the Rajya Sabha.
2 mins
September 2025
BANKING FINANCE
Cert-In makes annual cybersecurity audit mandatory for firms
In a first, the Indian Computer Emergency Response Team (Cert-In) has made it mandatory for private and public-sector organisations that own or operate digital systems, processes, or infrastructure, to undergo a comprehensive third-party cybersecurity audit at least once a year. This is the first such directive for the private sector.
2 mins
September 2025
BANKING FINANCE
HDFC Bank Invests in BharatGPT Creator CoRover
HDFC Bank, announced that it has invested in CoRover, a leading conversational AI company. CoRover has created BharatGPT — a pioneering, sovereign, and enterprise-grade Large Language Model (LLM).
1 min
September 2025
BANKING FINANCE
Reserve Bank News
RBI: No plans to allow corporates into banking sector
4 mins
September 2025

BANKING FINANCE
RBI CIRCULAR
Reserve Bank of India (Know Your Customer (KYC)) (2nd Amendment) Directions, 2025 August 14, 2025
4 mins
September 2025
Translate
Change font size