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Tag: RBI
PSB Consolidation May Shrink IT Firms’ Business
Technology companies offering niche services to banks face a challenge as public sector lenders consolidate, with issues around shrinking revenue, reduced clients and heightened competition, industry experts have said. Banks may consider changing their technology infrastructure, analysts said. This means,…
New-Age Internet Companies Are Going Big On Soft-Skill Training
New-age internet companies across the eCommerce, food-tech and fintech sectors are increasingly using soft-skill providers to train their workforce. These human resource development programmes have traditionally been used by the manufacturing and automobile industries for their staff. “Even larger companies…
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Banks May Take 3 Years For Tech Merger
Banks may take 2-3 years to standardise core technology, products and customer applications after the government proposed to merge some prominent public sector lenders last week, analysts said. “The integration process would take 24-36 months. Website, mobile apps, IVR —…
Mukesh Ambani Sets Out To Dominate Digital India
For all the publicity blitz accompanying Mukesh Ambani’s $30bn charge into the digital economy, the details of his long-term strategy remain a closely guarded secret. Mr Ambani’s Reliance Jio venture has upended India’s telecom sector, devastating the profits of incumbent operators…
India Has Added Two New Tech Unicorns In Just The Last Month
2019 is turning out to be great for Indian internet ventures. It’s not even mid-way into the year, and the country has already seen two internet firms achieve unicorn valuations, and at least one more is close to the milestone.…
Read More India Has Added Two New Tech Unicorns In Just The Last Month
An India-China Trade War? Modi Fans The Flames Of Boycott Calls
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Rahul Gandhi’s Promise On Ease Of Doing Business Is Election Rhetoric At Best; Implementation Is Key
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Who Wins And Who Loses If India’s Draft eCommerce Rules Are Implemented
In proposing to tighten the rules around e-commerce, India is both offering respite and ruffling feathers in equal measure. The draft e-commerce policy released by the Modi government on Feb. 23 is poised to shake up the country’s nearly $40 billion (around Rs2.8 lakh crore) online…
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E-commerce Policy Draft: DPIIT Digs Heels On Data Localisation
Following the ‘data is oil’ argument often used by businesses, the latest e-commerce policy draft focuses on different aspects of data localisation, while also seeking to establish data as an economic resource, said experts. The government has made its intent to regulate…
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Visa, Mastercard, Amex In Breach As Deadline For Data Localisation Passes
As the deadline for payment companies to comply with the Reserve Bank of India’s (RBI) data localisation rule ran out, major payment network players, including Visa and Mastercard, were in breach. While there was no official word on the status…
Read More Visa, Mastercard, Amex In Breach As Deadline For Data Localisation Passes
Digging Deeper – Data localisation: RBI deadline ends
The RBI's deadline of 15 October for all payment system operators to comply with the central bank’s data localisation norms just went by. Companies like Visa, American Express, Facebook, PayPal, Mastercard, Google and WhatsApp are required, as per the Reserve…
Read More Digging Deeper – Data localisation: RBI deadline ends
Visa, Mastercard, Amex In Breach As Deadline For Data Localisation Passes
As the deadline for payment companies to comply with the Reserve Bank of India’s (RBI) data localisation rule ran out, major payment network players, including Visa and Mastercard, were in breach. While there was no official word on the status…
Read More Visa, Mastercard, Amex In Breach As Deadline For Data Localisation Passes
RBI Unlikely To Extend Oct 15 Deadline On Data Localisation
The Reserve Bank of India is unlikely to extend the October 15 deadline for the payments ecosystem players to set up a facility to store transaction-related data in India. Those players that do not comply with the central bank’s April…
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How RBI Can Empower NBFCs To Face Challenges
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Demonetisation: How TCS, Which Counts RBI & Other Banks As Clients, Changed Back-End Systems Overnight
Late on the evening of November 8, 10 executives at Tata Consultancy Services got on a conference call to discuss how to ensure that their banking customers will be able to comply with Prime Minister Narendra Modi’s demonetisation announcement. “No…
CreditRatings Are Yardstick For Performance Of SMEs’
Small And Medium Enterprises (SMEs) wield enormous power in India’s economic empowerment. Contributing significantly to the nation’s GDP, export and industrial production, SMEs in India have already created employment opportunities for 106 million people. However, lack of a robust financial…
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#GreyhoundInMedia: Union Budget: Top Five IT Issues Upcoming Budget Needs To Address #Press #Media #ChannelTimes
The newly appointed Government in India has worked like a shot in the arm for country’s economy. A recent study by Assocham confirmed that this new wave of leadership in India is expected to double foreign investments to $60 billion.…
#GreyhoundInMedia: What IT Decision Makers Want From Union Budget 2014-15 #Press #Media #CXOToday
The newly appointed Government in India has worked like a shot in the arm for country's economy. A recent study by ASSOCHAM confirmed that this new wave of leadership for India is expected to double foreign investments to $60 billion.…
#GreyhoundInMedia: 5 problems Indian IT decision makers need solved from Union Budget 2014-15 #Press #Media #Firstpost
The newly appointed Government in India has worked like a shot in the arm for country's economy. A recent study by ASSOCHAM confirmed that this new wave of leadership for India is expected to double foreign investments to $60 billion.…
#GreyhoundInMedia: Greyhound Research’s Pre- Budget expectations #Press #Media #Technuter
5 Problems Indian IT Decision Makers Need Solved from Union Budget 2014-15 The newly appointed Government in India has worked like a shot in the arm for country’s economy. A recent study by ASSOCHAM confirmed that this new wave of leadership…
Read More #GreyhoundInMedia: Greyhound Research’s Pre- Budget expectations #Press #Media #Technuter
5 Problems Indian IT Decision Makers Need Solved from Union Budget 2014-15
The newly appointed Government in India has worked like a shot in the arm for country’s economy. A recent study by ASSOCHAM confirmed that this new wave of leadership for India is expected to double foreign investments to US$ 60…
Read More 5 Problems Indian IT Decision Makers Need Solved from Union Budget 2014-15
#GreyhoundInMedia: Lack of awareness, bank deposit fee hinder mWallet India growth #Press #Media #ETTelecom
Even with over 900 million subscribers, India is yet to see strong demand for electronic account services that allow consumers to transfer money and pay bills using their mobile phones, experts say. Research firm Greyhound said mWallet as a service is an…
Lack of awareness, bank deposit fee hinder mWallet India growth
Even with over 900 million subscribers, India is yet to see strong demand for electronic account services that allow consumers to transfer money and pay bills using their mobile phones, experts say. Research firm Greyhound said mWallet as a service is an…
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#GreyhoundInMedia: Lack of awareness, bank deposit fee hinder mWallet India growth #Press #Media #WorldNews
Even with over 900 million subscribers, India is yet to see strong demand for electronic account services that allow consumers to transfer money and pay bills using their mobile phones, experts say. Research firm Greyhound said mWallet as a service is an…
Lack of awareness, bank deposit fee hinder mWallet India growth
Even with over 900 million subscribers, India is yet to see strong demand for electronic account services that allow consumers to transfer money and pay bills using their mobile phones, experts say. Research firm Greyhound said mWallet as a service is an…
Read More Lack of awareness, bank deposit fee hinder mWallet India growth
#GreyhoundInMedia: Lack of awareness, bank deposit fee hinder mWallet India growth #Press #Media #ZeeNews
Even with over 900 million subscribers, India is yet to see strong demand for electronic account services that allow consumers to transfer money and pay bills using their mobile phones, experts say. Research firm Greyhound said mWallet as a service is an…
#GreyhoundInMedia: Lack of awareness, bank deposit fee hinder mWallet India growth #Press #Media #DNA
Even with over 900 million subscribers, India is yet to see strong demand for electronic account services that allow consumers to transfer money and pay bills using their mobile phones, experts say. Research firm Greyhound said mWallet as a service is an…
Lack of awareness, bank deposit fee hinder mWallet India growth
Even with over 900 million subscribers, India is yet to see strong demand for electronic account services that allow consumers to transfer money and pay bills using their mobile phones, experts say. Research firm Greyhound said mWallet as a service is an…
Read More Lack of awareness, bank deposit fee hinder mWallet India growth
#GreyhoundInMedia: Lack of awareness, bank deposit fee hinder mWallet India growth #Press #Media #BusinessStandard
Even with over 900 million subscribers, India is yet to see strong demand for electronic account services that allow consumers to transfer money and pay bills using their mobile phones, experts say. Research firm Greyhound said mWallet as a service is an…