Nikhat Hetavkar

All stories by Nikhat Hetavkar

Where the new jobs in banking are

Where the new jobs in banking are

Rediff.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 PSBs

RBI has some good news for stressed PSBs

Rediff.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 Kapoor

YES Bank claws back Rs 1.44-crore performance bonus of ex-MD Rana Kapoor

Rediff.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 firms

Sonic branding makes for sound business, realise firms

Rediff.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 full

YES bank's new CEO has his plate full

Rediff.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 rise

ATM transaction charges may rise

Rediff.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 data

Global payments firms in talks with RBI for free flow of data

Rediff.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 India

A peek into Mastercard's ambitious plan for India

Rediff.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 each

YES Bank's Rana and Madhu Kapoor to name one director each

Rediff.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 transactions

All you wanted to know about tokenisation and its impact on card transactions

Rediff.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 billion

2,059 cyber crimes. Cost: Rs 10.96 billion

Rediff.com12 Jan 2019

Cyber crimes in 2016-2017: 1,372 cases. Cost: Rs 423 million.

Good news for e-wallet fraud victims

Good news for e-wallet fraud victims

Rediff.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?

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 faction

Yes Bank: Rana Kapoor proposes peace to rival faction

Rediff.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?

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 chief

Amitabh Chaudhry has his task cut out as Axis Bank chief

Rediff.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 affair

RBI's diktat for ATMS will be a costly affair

Rediff.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 2017-18

Private bank CEOs' bonus goes missing in 2017-18

Rediff.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 Parekh

Regulators should not encourage 'lazy housing finance': Deepak Parekh

Rediff.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 COO

The many challenges facing Sandeep Bakhshi, ICICI Bank's new COO

Rediff.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 providers

RBI diktat on data storage upsets payments providers

Rediff.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 EMIs

Here's why you will shell out more in EMIs

Rediff.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 waived

Why wallet cos want full KYC for transactions below Rs 10K waived

Rediff.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 plans

Digital push slows down banks' branch expansion plans

Rediff.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 exercise

HDFC Bank plans mega fundraising exercise

Rediff.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 steam

Why govt's digital payment app has lost steam

Rediff.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 improves

As DeMo impact fades, NBFC-MFI portfolio improves

Rediff.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 up

DeMo@1: Banks happy as digital activity picks up

Rediff.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 advertising

Emotions are the new celebrities of advertising

Rediff.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'

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 borrowers

Early Diwali for SBI borrowers

Rediff.com22 Aug 2017

Processing fee waived on car, gold and personal loans till December