Axis Bank dismisses 24 staffers, suspends 50 accounts after I-T raids
These sectors are seeing a marked slowdown, as consumers are postponing purchase decisions amid uncertainty and severe cash crunch, report Ram Prasad Sahu, Sheetal Agarwal & Ujjval Jauhari from Mumbai.
Unless RBI temporarily relaxes the norms on recognising of bad loans, the pressure on this front could rise in the December quarter.
Jio's100-million subscribers target appears an uphill task in the next one month, believe analysts. Also, the existing subscribers are already witnessing slowdown in data speed thanks to the high traffic.
'Fear is also a great impetus to push people in the right direction.' 'So, everyone who has touched black money is scared and I'm very happy about it.'
Report holds Hitachi responsible for debit card data theft. When the data theft came to light, Hitachi had denied that its systems were compromised.
After demonetisation, sharp fall in PE valuation offers an attractive entry point into some quality names and these 3 FMCG companies are expected to see the fastest growth in earnings with at least 15 per cent upside potential
Around 2,500 engineers and 45,000 cash management employees step up efforts to complete the target of recalibrating 12,500 ATMs every day.
FY17 GDP growth faces cash crunch heat
With about 2,000 qualified engineers to service ATMs across the country, it is an uphill task to modify 220,000 machines.
The move to ban Rs 500 and 1000 notes may not curb the root cause of black money.
After the recent attack on debit cards exposed the gaps in their security systems, banks are getting serious about data privacy.
A Europe-like cyber security defence alliance is the need of the hour, say banking technology experts.
Axis Bank recently informed the Reserve Bank of India that it had experienced a cyber attack, while the State Bank of India said it was re-issuing over 600,000 debit cards because of a potential security breach.
Possibility of higher growth and relatively cheaper valuations makes Street more positive on Infosys, says Sheetal Agarwal.
With the government's focus on environment-friendly fuel, Indraprastha Gas, Mahanagar Gas and Suzlon's earning prospects look bright
Lower inflation, FCNR(B) outflows likely to influence central bank decision
With two top exits and uncertainty on growth strategy, Jubilant is likely to remain under pressure
There's surplus liquidity and RBI, with plentiful forex reserves, is ready to pump whatever extra is needed
Other private banks also planning to employ bots soon
© 2025 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances