Undefined
BANKING FINANCE
Fossil to future: ONGC charts a bold path; pivots to LNG, renewables
State-run Oil and Natural Gas Corporation (ONGC), which accounts for around 70 per cent of the country's domestic crude oil and 84 per cent of its natural gas, is taking a calculated shift in its business strategy in an effort to be \"future-ready.\" While the company has publicly announced its intention to foray into the imported liquefied natural gas (LNG) business, it is also quietly making significant moves into renewable energy, green hydrogen, compressed biogas, battery storage, and even nuclear energy.
4 min |
August 2025
BANKING FINANCE
RBI CIRCULAR
Aadhaar Enabled Payment System - Due Diligence of AePS Touchpoint Operators June 27, 2025
4 min |
August 2025
BANKING FINANCE
Ind AS and the Indian Banking Sector: A Comprehensive Journey Through Transparency and Transformation
While banks primarily earn interest income (outside Ind AS 115's scope), fee-based revenues-like loan origination fees, credit card fees, or syndication charges-fall under this standard. Ind AS 115 mandates recognizing revenue when performance obligations are satisfied, often deferring income recognition compared to Indian GAAP.
10+ min |
July 2025
BANKING FINANCE
Mutual Fund News
Sebi Demands Rs 5.35 Cr from OPG Securities in NSE Colo Case
4 min |
July 2025
BANKING FINANCE
Foot soldiers battle low pay
Business correspondents (BCs) have played a stellar role in increasing the reach of banking services to the unbanked and underserved segments across the country. And the numbers prove it.
4 min |
July 2025
BANKING FINANCE
Zero Trust Architecture in Financial Institutions: A Strategic Shift in Cybersecurity "Never trust, always verify."
The Zero Trust Security Model is a modern approach to cybersecurity that assumes no user or system should be inherently trusted-whether they're inside or outside the network. It emphasizes rigorous verification, minimal access, and constant oversight to prevent breaches and limit their impact.
6 min |
July 2025
BANKING FINANCE
India's Asset Management Landscape: The Path to Financial Empowerment
Gold has been in the spotlight with its record-breaking rally, surpassing the Rs.88,310 per 10 grams mark for the first time, as geopolitical and economic uncertainties drove investors toward the safe-haven asset.
10 min |
July 2025
BANKING FINANCE
Industry News
Elon Musk's Starlink has received the Global Mobile Personal Communication by Satellite (GMPCS) licence from the Indian government, clearing the path for launching commercial satellite communication services in the country.
9 min |
July 2025
BANKING FINANCE
Why Experience Still Matters: The Untapped Power of India's Former Banking Talent
Retired banking professionals have an opportunity to contribute to a sector that promises to be a key enabler in India's aspiration to become the third largest economy in the world by 2028. The Micro, Small and Medium Enterprise (MSME) sector in India has been a huge growth driver, contributing to around 30 percent of India's GDP, 45 percent of its manufacturing output and 48 percent of exports, and providing employment to around 11 crore people.
6 min |
July 2025
BANKING FINANCE
RBI CIRCULAR
Aadhaar Enabled Payment System - Due Diligence of AePS Touchpoint Operators
4 min |
July 2025
BANKING FINANCE
Legal News
Directorate of Public Grievanees to cover cases related to I-T, customs duty
2 min |
July 2025
BANKING FINANCE
Payments competition could police bank fraud across India
Bank frauds in India have tripled in value. But that's only because some of the cases reported previously were re-investigated and appeared in the new data.
2 min |
July 2025
BANKING FINANCE
Co-Operative Bank News
RBI Penalizes Four South Indian Coop Banks for Regulatory Breaches
3 min |
July 2025
BANKING FINANCE
Large Language Models: Revolutionizing Banking through AlPowered Intelligence
One of the most immediate applications of LLMs in banking is automated customer interaction.
5 min |
July 2025
BANKING FINANCE
Reserve Bank News
The Reserve Bank of India has issued new guidelines to make it easier for customers and heirs to reactivate dormant accounts and claim unclaimed deposits.
5 min |
July 2025
BANKING FINANCE
'One State, One RRB' - A Policy for Enhancement of Rural Financial Inclusion
The 'One State, One RRB' or 'OS-OR' policy is a reform implemented by the Government of India aims to consolidate Regional Rural Banks (RRBs) within each state into a single entity, effective from May1, 2025. This policy is intended to improve efficiency, reduce costs and enhance rural financial inclusion.
5 min |
July 2025
BANKING FINANCE
The Role of Banks in Tackling Climate Change
The Basel Committee on Banking Supervision (BCBS) is the primary global standard setter for the prudential regulation of banks. It has introduced Basel III, a global voluntary framework for regulating the financial sector. Basel III has three pillars: minimum capital requirements, supervisor review and market discipline.
5 min |
July 2025
BANKING FINANCE
The Future of CrossBorder Payments: Emerging Trends Shaping Global Transactions
Imagine a world where everyone has to pay Rs. 6 for every Rs 100 spent on purchasing goods or services. The same Rs 6 is also to be paid if one sends money to a loved one. In the era of digital payments and UPI it sounds outlandish, but this is the world of cross border payments and remittances today.
10+ min |
June 2025
BANKING FINANCE
Tackling Trade-Based Money Laundering in the Modern Financial Landscape
If we inquire informally among a group of bankers about familiarity with terms like a Letter of Credit (L/C), Bill of entry (BoE), or Buyer's Credit, only a few might possess this knowledge. This introduces us to the intricate world of trade finance-a realm filled with unique terminologies and practices, characterized by its complexity and specialization.
5 min |
June 2025
BANKING FINANCE
The Rise of Digital banks and their impact on traditional Banking
The banking industry has undergone a dramatic transformation in recent years, driven by the rise of digital banks. These innovative institutions offer a full range of financial services through online and mobile platforms, eliminating the need for physical branches.
6 min |
June 2025
BANKING FINANCE
Long-term capital gains tax is a bad idea: Arora
Levying capital gains tax on those who invest in India, especially the foreign investors, is a bad idea, and is possibly the Central government's \"biggest mistake,\" said Samir Arora, founder and chief investment officer of Helios Capital at the Business Standard Manthan Summit 2025.
2 min |
June 2025
BANKING FINANCE
The Policy of Push
\"If all you have is a hammer, everything looks like a nail.\"
6 min |
June 2025
BANKING FINANCE
Recent Challenges in Indian Banking and way forward to cope up with them
With the advent of technology, banking has come way forward and modern-day banking has unique challenges and ways to cope up with them. Here in this article we will try to discuss few challenges of modern-day banking and ways to cope up with them.
4 min |
June 2025
BANKING FINANCE
Co-Operative Bank News
Allow Urban Co-op Banks to issue share certificate
3 min |
June 2025
BANKING FINANCE
Paisabazaar Launches PB VCR - India's First Al-based Video Credit Report
Paisabazaar, India's largest marketplace for consumer credit and free credit score platform, announced today the launch of 'PB VCR' (Paisabazaar Video Credit Report) - an Al-based video representation of consumers' credit report.
1 min |
June 2025
BANKING FINANCE
Banking News
Public sector banks (PSBs) have scaled back insurance sales via the bancassurance channel in FY25, leading to a noticeable decline in growth for life insurers affiliated with them.
4 min |
June 2025
BANKING FINANCE
BharatGen: Empowering India with Multilingual AI for the Next Generation
BharatGen project is a transformative step by the Indian government aimed at developing a multimodal Large Language Model (LLM) capable of generating high-quality text and multimodal content, primarily in Indian languages.
8 min |
June 2025
BANKING FINANCE
Mutual Fund News
SEBI Proposes Relaxed Delisting Norms for PSUs with 90% Govt Holding
7 min |
June 2025
BANKING FINANCE
Reserve Bank News
RBI Panel Proposes Extended Call Money Market Timings, Retains G-Sec Hours
7 min |
June 2025
BANKING FINANCE
RBI CIRCULAR
Reporting on FIRMS portal — Issuance of Partly Paid Units by Investment Vehicles
4 min |