All stories by Nikhat Hetavkar
Where the new jobs in banking areRediff.com10 Jul 2019
Digitisation is changing the banking business. This shift has resulted in a change in banking job profiles.
RBI has some good news for stressed PSBsRediff.com28 Jun 2019
PSBs' gross NPA ratio may decline to 12 per cent by March 2019 in the baseline scenario, whereas private banks' gross NPA ratio may decline from 3.7 per cent to 3.2 per cent in March 2019.
YES Bank claws back Rs 1.44-crore performance bonus of ex-MD Rana KapoorRediff.com17 May 2019
YES Bank said that it has not paid any bonus to Kapoor for FY17 and FY18. He drew a salary of Rs 6.48 crore for the ten months he served as MD & CEO, before his tenure ended in January.
Sonic branding makes for sound business, realise firmsRediff.com7 Apr 2019
Companies are looking for an engaging hook, and sound is universally seen as a big emotional connector, finds Nikhat Hetavkar.
YES bank's new CEO has his plate fullRediff.com3 Mar 2019
For the near term, Gill will have to improve relations with the Reserve Bank of India, which have been strained in recent times. He will also need to strengthen the bank's asset quality and improve governance standards and internal processes.
ATM transaction charges may riseRediff.com19 Feb 2019
Interchange fee is the amount charged by ATM operators for every transaction.
Global payments firms in talks with RBI for free flow of dataRediff.com19 Feb 2019
While most of these payment players continue to run Indian data through the global processes of data analytics and fraud detection, the industry seems divided over whether the regulator would allow this to continue.
A peek into Mastercard's ambitious plan for IndiaRediff.com15 Feb 2019
Mastercard is keen on being known not as a payments player but a technology company.
YES Bank's Rana and Madhu Kapoor to name one director eachRediff.com30 Jan 2019
Sources close to the bank said non-executive and non-independent director Ajai kumar had been recommended for the interim CEO role.
All you wanted to know about tokenisation and its impact on card transactionsRediff.com23 Jan 2019
Tokenisation acts as an additional layer of security as it masks sensitive card data such as the 16-digit account number, expiry date and security code. However, the security level of the app and the customer's mobile itself also needs to be taken into consideration, say experts. Nikhat Hetavkar explains the whole idea of tokenisation, how it is enabled, its impact on card transactions and related security guidelines.
2,059 cyber crimes. Cost: Rs 10.96 billionRediff.com12 Jan 2019
Cyber crimes in 2016-2017: 1,372 cases. Cost: Rs 423 million.
Good news for e-wallet fraud victimsRediff.com8 Jan 2019
Customers using mobile wallets, prepaid payments cards, and paper vouchers such as Sodexo have been absolved of liability for fraud if it is reported within three days.
How many ATMs were opened after DeMo?Rediff.com7 Dec 2018
179 million debit cards were issued during December 2016 to June 2018. A mere 2,000 ATMs were opened in the same period.
Yes Bank: Rana Kapoor proposes peace to rival factionRediff.com24 Oct 2018
The meeting was amicable, a stark contrast to the meetings of earlier years that always ended with the rivals at loggerheads.
Who will succeed Rana Kapoor at Yes Bank?Rediff.com15 Oct 2018
The bank has hired US-based advisory firm Korn Ferry to help with the selection process.
Amitabh Chaudhry has his task cut out as Axis Bank chiefRediff.com17 Sep 2018
In addition to challenges such as reining in non-performing assets (NPAs) and boosting profits, Chaudhry will have to repair the bank's reputation, build internal controls, and improve regulatory relations.
RBI's diktat for ATMS will be a costly affairRediff.com7 Sep 2018
The new requirements include a shift to cassette swap system, mandate armed guards while transferring money as well as a host of other measures that would require huge investments.
Private bank CEOs' bonus goes missing in 2017-18Rediff.com13 Aug 2018
HDFC Bank managing director Aditya Puri, ICICI Bank MD and CEO Chanda Kochhar, and Axis Bank MD and CEO Shikha Sharma did not receive their bonuses in full for financial year 2016-17
Regulators should not encourage 'lazy housing finance': Deepak ParekhRediff.com5 Jul 2018
It is, thus, logical that some compensation is paid to a lender, especially when a customer is poached within two years, Parekh noted.
The many challenges facing Sandeep Bakhshi, ICICI Bank's new COORediff.com19 Jun 2018
In addition, he will have to move swiftly to control any damage that may have been caused to the bank's image and investor confidence due to the loan controversy
RBI diktat on data storage upsets payments providersRediff.com23 May 2018
The RBI on April 6 directed all payments service providers to make sure "that the entire data relating to payment systems operated by them are stored in a system only in India."
Here's why you will shell out more in EMIsRediff.com2 Mar 2018
State Bank of India hikes lending rates, and other banks pick up the signal.
Why wallet cos want full KYC for transactions below Rs 10K waivedRediff.com22 Feb 2018
Customers have other options available to them to do low-value transactions, if wallets start mandating full KYC and would switch to those.
Digital push slows down banks' branch expansion plansRediff.com7 Jan 2018
Branch additions for most major banks in the current financial year do not correspond to the number of the past two years.
HDFC Bank plans mega fundraising exerciseRediff.com21 Dec 2017
If the entire amount of Rs 24,000 crore is raised, then it would be the biggest fundraising exercise by any Indian company ever.
Why govt's digital payment app has lost steamRediff.com4 Dec 2017
The start of BHIM's declining share coincided with the launch of Google Tez in mid-Septem
As DeMo impact fades, NBFC-MFI portfolio improvesRediff.com23 Nov 2017
The sector witnessed a 24 per cent growth in gross loan portfolio to Rs 38,288 crore, year-on-year
DeMo@1: Banks happy as digital activity picks upRediff.com8 Nov 2017
While digitisation and automation have made internal processes more efficient, front-end products are being enhanced digitally through robotics, artificial intelligence and botchats.
Emotions are the new celebrities of advertisingRediff.com1 Nov 2017
Advertisers take to pitching family values and social causes, giving celebrity endorsers and flamboyance a miss. Nikhat Hetavkar reports.
Keeping Cadbury relevant: 'Chocolate is not all about sugar'Rediff.com5 Sep 2017
The Mondelez portfolio in India also includes brands like Bournvita, 5-Star. Nikhat Hetavkar finds out how it stays relevant amid strong pushback from millennials over health effects of its products.
Early Diwali for SBI borrowersRediff.com22 Aug 2017
Processing fee waived on car, gold and personal loans till December