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by paras | Nov 19, 2024 | Uncategorized
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The Future of Finance: Embracing Open Banking
Open banking is revolutionizing the financial sector by allowing banks and financial institutions to share customers’ financial data with authorized third parties. This shift from traditional banking practices unlocks innovative financial services and products, such...
BFSI Beacon, The Financial Flare, July 2024
The Budget 2023 revised tax structures increased standard deductions, and simplified capital gains tax, while boosting MSME support, infrastructure, and employment, and abolishing angel tax to aid startups. North Korean hackers from the Lazarus Group stole $230...
BFSI Beacon, The Financial Flare, June 2024
RBI’s measures protect borrowers from high floating rates, enabling them to switch to fixed rates, adjust EMIs, extend tenures, or prepay without penalties. Banks and NBFCs must transparently communicate rate changes, disclose fees, and provide clear, quarterly...