All stories by Nikhat Hetavkar
Where the new jobs in banking are
Rediff.com10 Jul 2019Digitisation is changing the banking business. This shift has resulted in a change in banking job profiles.
RBI has some good news for stressed PSBs
Rediff.com28 Jun 2019PSBs' 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
Rediff.com17 May 2019YES 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
Rediff.com7 Apr 2019Companies 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
Rediff.com3 Mar 2019For 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
Rediff.com19 Feb 2019Interchange fee is the amount charged by ATM operators for every transaction.
Global payments firms in talks with RBI for free flow of data
Rediff.com19 Feb 2019While 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
Rediff.com15 Feb 2019Mastercard 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
Rediff.com30 Jan 2019Sources 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
Rediff.com23 Jan 2019Tokenisation 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
Rediff.com12 Jan 2019Cyber crimes in 2016-2017: 1,372 cases. Cost: Rs 423 million.
Good news for e-wallet fraud victims
Rediff.com8 Jan 2019Customers 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?
Rediff.com7 Dec 2018179 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
Rediff.com24 Oct 2018The 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?
Rediff.com15 Oct 2018The 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
Rediff.com17 Sep 2018In 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
Rediff.com7 Sep 2018The 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
Rediff.com13 Aug 2018HDFC 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
Rediff.com5 Jul 2018It 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
Rediff.com19 Jun 2018In 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