Nikhat Hetavkar

Stories by Nikhat Hetavkar

Where the new jobs in banking are

Where the new jobs in banking are

Rediff.com   10 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.com   28 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.com   17 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.com   7 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.com   3 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.com   19 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.com   19 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.com   15 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.com   30 Jan 2019

Sources close to the bank said non-executive and non-independent director Ajai kumar had been recommended for the interim CEO role.

Global stressed asset players rethinking India

Global stressed asset players rethinking India

Rediff.com   28 Jan 2019

The culture of these firms is alien to the Indian financial system. Distressed assets funds are known for their ruthless recovery ethics. Slicing and dicing a company and selling it on a piecemeal basis is their usual practice. This is something Indian banks are finding a little uncomfortable.

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.com   23 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.

How merger with Gruh Finance helps Bandhan

How merger with Gruh Finance helps Bandhan

Rediff.com   13 Jan 2019

The two entities' combined distribution network would comprise 4,182 banking outlets and 476 ATMs across 34 states and Union territories of India, with more than 31,000 employees serving about 15 million customers across the country.

2,059 cyber crimes. Cost: Rs 10.96 billion

2,059 cyber crimes. Cost: Rs 10.96 billion

Rediff.com   12 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.com   8 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.com   7 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.

What RBI's capital adequacy move means for banks

What RBI's capital adequacy move means for banks

Rediff.com   21 Nov 2018

For banks, the package will limit the burden of provisioning for stressed loans. Besides, the proposed restructuring package for MSMEs with a credit of up to Rs 25 crore is expected to provide a breather to units from this sector.

For BoB, Vijaya, Dena Bank, single brand is the first challenge

For BoB, Vijaya, Dena Bank, single brand is the first challenge

Rediff.com   6 Nov 2018

If a name does not unify the three, there could be continued clash of identities, which could splinter the brand even before it takes shape, say Abhijit Lele and Nikhat Hetavkar.

Yes Bank: Rana Kapoor proposes peace to rival faction

Yes Bank: Rana Kapoor proposes peace to rival faction

Rediff.com   24 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.com   15 Oct 2018

The bank has hired US-based advisory firm Korn Ferry to help with the selection process.

'The rupee's correction is good'

'The rupee's correction is good'

Rediff.com   28 Sep 2018

'When the rupee was at 65 a dollar, we wanted to go to Thailand for a holiday.' 'Now at 72, we may find Goa much more attractive.' 'That's how correction happens.' 'If you don't let that correction happen, then it's a pressure cooker that bursts one day.'