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How a faltering Kotak Mahindra Bank exposes pitfalls of India’s tech ambition
deccanherald.com/business/kotak-mahindra-banks-stumbles-show-pitfalls-of-indias-tech-ambition-2996323
How a faltering Kotak Mahindra Bank exposes pitfalls of India’s tech ...
Quick Glance: RBI restricts Kotak Bank from online customer onboarding, issuing new credit cards
  • The RBI directed Kotak Mahindra Bank to halt onboarding new customers through online and mobile banking channels and suspend issuing new credit cards immediately.

  • Significant deficiencies and non-compliances in the bank's IT risk management and information security governance for 2022 and 2023 were highlighted by the RBI.

  • The bank was found to be materially deficient in operational resilience and was instructed to enhance its IT systems to protect customers and the financial ecosystem.

  • Historically, the RBI has enforced similar measures on other banks to ensure regulatory compliance, such as suspending customer onboarding and new credit card issuance.
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Enough Of This Suffering, The Gruesome Betrayal; 10 Years Of Despotic Rule, 10 Dreadful Deceptions Part- VII| Countercurrents
countercurrents.org/2024/04/enough-of-this-suffering-the-gruesome-betrayal-10-years-of-despotic-rule-10-dreadful-deceptions-part-vii/
Enough Of This Suffering, The Gruesome Betrayal; 10 Years Of Despotic Rule ...
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Tata Asset's Contrarian Indian Fund Manager Has a Warning for Bond Chasers: An Indian fund manager who went contrarian and sharply reduced the average ...
bloomberg.com/news/articles/2024-04-26/contrarian-indian-fund-manager-has-a-warning-for-bond-chasers
Tata Asset's Contrarian Indian Fund Manager Has a Warning for Bond ...
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India plans curbs on suspect bank accounts to fight cyber fraud, sources say: India's central bank plans to soon change guidelines to permit banks to temporarily ...
reuters.com/business/finance/india-plans-curbs-suspect-bank-accounts-fight-cyber-fraud-sources-say-2024-04-25/
India plans curbs on suspect bank accounts to fight cyber fraud ...
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Bollywood stares at Rs 250 cr loss with Bade Miyan Chote Miyan and Maidaan bombing; ‘worst week’ in Hindi films’ history spotlights stars charging over Rs 100 ...
indianexpress.com/article/entertainment/bollywood/bollywood-rs-250-cr-loss-bade-miyan-chote-miyan-maidaan-bombing-worst-week-stars-charging-over-100-cr-fees-9288104/
Bollywood stares at Rs 250 cr loss with Bade Miyan Chote Miyan and Maidaan ...
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RBI Issues Alert Against Prepaid Payment Instruments By Illegal Entities: The list of authorised payment system providers/ authorised payment system operators is ...
ndtv.com/india-news/rbi-issues-alert-against-prepaid-payment-instruments-by-illegal-entities-5523425
RBI Issues Alert Against Prepaid Payment Instruments By Illegal Entities
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Bank holiday today: Are banks open this Saturday, April 27? | Mint: Bank holiday on April 27: Essential banking services such as ATMs and Internet banking will ...
livemint.com/industry/banking/bank-holiday-today-are-banks-open-this-saturday-april-27-sbi-open-pnb-closed-today-canara-bank-holiday-bob-bank-11714181964309.html
Bank holiday today: Are banks open this Saturday, April 27? | Mint
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India cenbank lays out roadmap for small lenders to achieve universal bank status
reuters.com/world/india/india-cenbank-lays-out-roadmap-small-lenders-achieve-universal-bank-status-2024-04-26/
India cenbank lays out roadmap for small lenders to achieve universal bank ...
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Payment frauds rise by 70.64% to Rs 2,604 crore in October-March period: The volume of frauds also rose to 15.51 lakh during the March 2024 period from 11 ...
indianexpress.com/article/business/banking-and-finance/payment-frauds-rise-by-70-64-to-rs-2604-crore-in-october-march-period-9291073/
Payment frauds rise by 70.64% to Rs 2,604 crore in October-March period
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Navy arrests over 14 crude oil vessels in four months – Official: The naval official informed Rivers State Governor Fubara that the Nigerian Navy has moved its ...
premiumtimesng.com/news/top-news/689208-navy-arrests-over-14-crude-oil-vessels-in-four-months-official.html
Navy arrests over 14 crude oil vessels in four months – Official
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Kotak Mahindra Bank: कोटक महिंद्रा बैंक के शेयरों में भारी गिरावट, क्या करें आम निवेशक?
hindi.financialexpress.com/investment-saving-news/kotak-mahindra-bank-shares-crashed-after-rbi-action-what-is-new-stock-price-target-given-by-brokerages-4514514
Kotak Mahindra Bank: कोटक महिंद्रा बैंक के शेयरों में भारी गिरावट ...
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India's Bajaj Finance asks central bank for lending products ban removal: Indian non-banking lender Bajaj Finance said on Thursday it has asked the country's ...
reuters.com/world/india/indias-bajaj-finance-posts-21-q4-profit-rise-2024-04-25/
India's Bajaj Finance asks central bank for lending products ban removal
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Household debt set for new peak: India's household debt hits record high at 39.1% of GDP, driven by non-housing loans, says analysis.
financialexpress.com/policy/economy/household-debt-set-for-new-peak/3466349/
Household debt set for new peak
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The RBI Is Doing The Right Stuff: Oliver Prill - Forbes India: It's rare to spot a fintech honcho who roots for the work done by RBI. It's rare to meet ...
forbesindia.com/article/take-one-big-story-of-the-day/the-rbi-is-doing-the-right-stuff-oliver-prill/92757/1
The RBI Is Doing The Right Stuff: Oliver Prill - Forbes India
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Dalai Lama emphasises on Indian link to Tibetan Buddhism : The Dalai Lama, the spiritual leader of Tibetan Buddhism, reaffirmed his deep-rooted connection to ...
wionews.com/india-story/dalai-lama-emphasizes-on-indian-link-to-tibetan-buddhism-714595
Dalai Lama emphasises on Indian link to Tibetan Buddhism
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‘We don’t go to poor countries’: Virender Sehwag on why Indians will not feature in foreign T20 leagues
indianexpress.com/article/sports/cricket/virender-sehwag-overseas-t20-leagues-poor-countires-bbl-offer-ipl-salary-9288828/
‘We don’t go to poor countries’: Virender Sehwag on why Indians will not ...
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Sanju Samson should be groomed as India’s next T20 captain after Rohit Sharma, says Harbhajan Singh
indianexpress.com/article/sports/cricket/sanju-samson-t20-captain-rohit-sharma-harbhajan-singh-9287828/
Sanju Samson should be groomed as India’s next T20 captain after Rohit ...
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Ramachandra Guha: Why 2024 is India’s most important election since 1977: Authoritarianism crushes the spirit. Majoritarianism poisons the mind and the heart ...
scroll.in/article/1066867/ramachandra-guha-why-2024-is-indias-most-important-election-since-1977
Ramachandra Guha: Why 2024 is India’s most important election since 1977
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Bank of America’s Top India Trader Says Swap Market Too Hawkish: Indian rates traders have pushed back expectations for an interest-rate cut way too far and that ...
bloomberg.com/news/articles/2024-04-24/bank-of-america-s-top-india-trader-says-swap-market-too-hawkish
Bank of America’s Top India Trader Says Swap Market Too Hawkish
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Hundreds Of Bodies Discovered In Mass Graves At Gaza’s Nasser Hospital| Countercurrents
countercurrents.org/2024/04/hundreds-of-bodies-discovered-in-mass-graves-at-gazas-nasser-hospital/
Hundreds Of Bodies Discovered In Mass Graves At Gaza’s Nasser Hospital| ...
Quick Glance: UN Calls for Investigation into Mass Graves at Two Gaza Hospitals
  • The United Nations called for a thorough and transparent investigation into the mass graves at two major hospitals in Gaza that were searched by Israeli troops.

  • It was emphasized that investigators must have access to the sites, and a greater number of journalists should be able to work safely in Gaza to report on the facts.

  • Some of the bodies belonged to individuals killed during the hospital siege, while others were victims when Israeli forces raided the hospital.

  • The discovery of the graves highlights the urgency of a ceasefire, the end of the conflict, improved access for humanitarian aid, the protection of hospitals, and the release of Israeli hostages.
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IIFL Finance's cenbank-directed audit starts after March gold loan ban: IIFL Finance said a special audit directed by the Reserve Bank of India (RBI) started on ...
reuters.com/world/india/iifl-finances-cenbank-directed-audit-starts-after-march-gold-loan-ban-2024-04-23/
IIFL Finance's cenbank-directed audit starts after March gold loan ban
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Vinesh Phogat, the fighter: She didn’t flinch in her fight against wrestling association supremo, Brij Bhushan Singh. Her toughness will be on display at Paris ...
indianexpress.com/article/opinion/editorials/vinesh-phogat-the-fighter-9285183/
Vinesh Phogat, the fighter
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Whither atmanirbhar payments?: It is critical that we attain resilience in the payments ecosystem with Indian alternatives, should foreign players decide to stop ...
financialexpress.com/opinion/whither-atmanirbhar-payments/3466372/
Whither atmanirbhar payments?
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Deceitful Gaslighting:  Labeling Pro-Palestine Students As Anti-Semitic| Countercurrents
countercurrents.org/2024/04/deceitful-gaslighting-labeling-pro-palestine-students-as-anti-semitic/
Deceitful Gaslighting:  Labeling Pro-Palestine Students As Anti-Semitic| ...
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Mangalsutra row: The truth behind Priyanka’s claim on Indira Gandhi donating gold to the country
firstpost.com/explainers/mangalsutra-row-priyanka-indira-gandhi-gold-donation-1962-india-china-war-pm-modi-13763278.html
Mangalsutra row: The truth behind Priyanka’s claim on Indira Gandhi ...
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Virat Kohli fined 50 percent of match fees for ‘showing dissent at umpire’s decision’
indianexpress.com/article/sports/ipl/virat-kohli-fined-50-percent-match-fees-kkr-vs-rcb-umpire-9284793/
Virat Kohli fined 50 percent of match fees for ‘showing dissent at ...
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UPSC exam: Father failed 4 times, son cracks in 2nd attempt, gets 14th rank: Shaurya’s father had done BTech in instrumentation engineering from IIT-Kharagpur ...
indianexpress.com/article/cities/chandigarh/upsc-exam-father-failed-4-times-son-cracks-in-2nd-attempt-gets-14th-rank-9283668/
UPSC exam: Father failed 4 times, son cracks in 2nd attempt ...
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India's high unemployment is a 'ticking bomb,' opposition says as election battle with Modi's BJP heats up
cnbc.com/2024/04/23/india-elections-opposition-blames-modis-bjp-for-high-jobless-rate.html
India's high unemployment is a 'ticking bomb,' opposition says as election ...
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Gruesome: 400 Bodies Found In Mass Graves In Gaza| Countercurrents: As the Israeli army left Nasser Hospital in Khan Younis they executed people and dumped them ...
countercurrents.org/2024/04/gruesome-400-bodies-found-in-mass-graves-in-gaza/
Gruesome: 400 Bodies Found In Mass Graves In Gaza| Countercurrents
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Co-lending on personal loans set to decline: Experts see a drop of at least 10-12% in the coming months.
financialexpress.com/business/banking-finance/co-lending-on-personal-loans-set-to-decline/3465213/
Co-lending on personal loans set to decline
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2 Japanese Navy Helicopters Crash In the Pacific Ocean: One Dead and Seven Missing
time.com/6969487/japan-navy-helicopters-crash-training-missing-death-count/
2 Japanese Navy Helicopters Crash In the Pacific Ocean: One Dead and Seven ...
Quick Glance: 8 crew missing after 2 Japanese navy helicopters crash
  • Two Japanese navy helicopters with eight crew members are believed to have crashed in the Pacific south of Tokyo, according to the Defence Minister.

  • The cause of the crash is unknown, but the focus is on the rescue operation.

  • The Navy deployed ships and aircraft to search and rescue the missing crew members.

  • The training on Saturday was solely for the Japanese navy and not part of a multinational exercise.