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Indian bankers may lose large parts of traditional business to Google Pay, Phonepe
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Digital Payments a potential threat to Indian Banks
E-commerce has transformed the way business is done in India. The Indian E-commerce market is expected to grow to $111.40 billion by 2025 from $46.2 billion as of 2020. By 2030, it is expected to reach $350 billion. According to NASSCOM, despite COVID-19 challenges/disruptions, India's e-commerce market continues to grow at 5%, with expected sales of $56.6 billion in 2021. After China and the US, India had the third-largest online shopper base of 140 million in 2020. The financial services industry is in the midst of a significant transformation, accelerated by the COVID-19 pandemic. And given the key role digitisation plays in the financial lives of more and more of the world’s population, electronic payments are at the epicentre of this transformation. As per PWC survey, Payments are becoming increasingly cashless, and the industry’s role in fostering inclusion has become a significant priority. Payments also are supporting the development of digital economies and are driving innovation — all while functioning as a stable backbone for our economies. 86% agreed that traditional payments providers will collaborate with fintechs and technology providers as one of their main sources of innovation. Another solid reason for growth is India’s online shopping sector is currently worth $36.5 billion, a value that has consistently expanded at double-digit rates in recent years.
The digital payments sector in India has been growing at an exponential rate, with the penetration of technology in the deep interiors of the country. India's top banker Uday Kotak said lenders based in the country may end up losing large portions of their traditional business to digital wallet platforms such as Google Pay and Walmart-backed Phonepe. Google Pay and Phonepe, which are dominating the country's retail digital payments sector, are either owned or backed by deep-pocketed tecBy VARINDIA| 14 views
Stocks in news: KEI, Can Fin Homes, ICICI Securities and NBCC
Here are the top stocks that are likely to be in focus in today's trading.
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Watch Stocks in news: KEI, Can Fin Homes, ICICI Securities and NBCC With HD QualityBy The Economic Times| 108 views
How to pick right stocks in an uncertain market?
Parag Thakkar, ICICI Prudential PMS, says his core stock-picking strategy is focussed on four major criteria, the first being corporate governance. What are the other three? Find out
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Watch How to pick right stocks in an uncertain market? With HD QualityBy The Economic Times| 142 views
ICICI, HDFC, SBI नहीं ले रहे सिक्के ! सिक्कों ने बढ़ाई लोगों को परेशानी |#DBLIVE
ICICI, HDFC, SBI नहीं ले रहे सिक्के ! सिक्कों ने बढ़ाई लोगों को परेशानी |#DBLIVE
केंद्रीय रिज़र्व बैंक ऑफ इंडिया बार बार एडवाइजरी जारी कर सभी बैंकों को ये हिदायत दे रहा है कि वो ग्राहकों से सिक्के लेने से इनकार न करें..ताकि जनता की परेशानी दूर की जा सके...इसके लिए बैंकों को कार्रवाई का डर भी दिखाया,,,मगर कई बैंकों पर आरबीआई की इस चेतावनी का कोई असर नहीं हो पाया,.,,तभी तो आज भी कई बैंक 10 के सिक्के लेने को तैयार नहीं हैं
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Punjab Kesari Samachar, 13 मई, 2019
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ICICI Bank Q4 profit drops 5% to Rs 969 cr
ICICI Bank on Monday reported a 5 per cent year-on-year drop in standalone net profit at Rs 969 crore for March quarter, way below a Rs 2,240 crore estimate that analysts had projected in an ET NOW survey. The private lender had reported Rs 1,020 crore profit for the corresponding quarter last year.
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Watch ICICI Bank Q4 profit drops 5% to Rs 969 cr With HD QualityBy The Economic Times| 283 views
ICICI घोटाला मामले में Chanda Kochar पर गिरी गाज, Kochar को मिलने वाले बैनिफिट्स होंगे बंद #DBLIVE
एंकर- आईसीआईसीआई बैंक घोटाले में आज बैंक ने पूर्व एमडी और सीईओ रहीं चंदा कोचर को बर्खास्त कर दिया...वहीं इस मामले में अब चंदा कोचर का बयान आया है...उन्होंने तमाम आरोपों को खारिज करते हुए अपनी सफाई पेश की है।
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ICICI Bank-Videocon loan case: Chanda Kochhar quizzed for fourth consecutive day
Mumbai: Former CEO and MD of ICICI Bank, Chanda Kochhar was summoned at Enforcement Directorate for the fourth consecutive day on Monday. Kochhar is being probed into the alleged irregularities and corrupt practices in sanctioning Rs 1,875 crore loan by the bank to the Videocon Group.
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Watch ICICI Bank-Videocon loan case: Chanda Kochhar quizzed for fourth consecutive day With HD QualityBy Catch News| 226 views
Punjab Kesari Samachar, 02 मार्च, 2019
देश और दुनिया की बड़ी खबरें
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Punjab Kesari Samachar, 01 मार्च, 2019
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ICICI-Videocon case- CBI issues lookout notice against Chanda Kochhar
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बिजनौर - फर्जी पॉलिसी बनाने वाले व्यक्ति को पुलिस ने किया गिरफ्तार
बिजनोर के चांदपुर दिल्ली से आई आईसीआईसीआई लोंबार्ड इंश्योरेंस पॉलिसी कंपनी के हेड अमित शर्मा ने स्टिंग ऑपरेशन कर पकड़ा ,अमित शर्मा ने फर्जी पॉलिसी बनाने वाली व्यक्ति का किया पर्दाफाश, कंपनी के हेड अमित शर्मा ने युवक को पकड़ कर चांदपुर पुलिस को दे दिया पुलिस ने दुकान से कंप्यूटर व कागजात के साथ जरूरी दस्तावेज बरामद किये है
आरोपी मोहल्ला सराय में जन सेवा केंद्र चलाता है आरोपी का नाम रफी बताया जा रहा है पॉलिसी हेड अमित शर्मा ने अपने द्वारा ए स्टिंग ऑपरेशन कर फर्जी पॉलिसी बनाने वाले व्यक्ति को पकड़ा है अमित शर्मा ने बताया कि यह पिछले कई साल से फर्जी पॉलिसी बनाने का काम कर रहा था जिसकी हमें शिकायत मिली जिस कारण मुझे यहां आना पड़ा अब आगे पुलिस के मामला संज्ञान में आया है कानूनी कार्यवाही हगी.
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Punjab Kesari Samachar, 24 जनवरी, 2019
#SunilArora #AssamNRC #CBIDirector #ChandaKochhar
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CBI ने ICICI बैंक की पूर्व सीईओ चंदा कोचर के खिलाफ केस दर्ज किया
Watch CBI ने ICICI बैंक की पूर्व सीईओ चंदा कोचर के खिलाफ केस दर्ज किया With HD Quality
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Creating an Innovative & Transparent Growth Environment: The Road Ahead
Existing global financial hubs, as well as those aspiring to become so, are rolling out the red-carpet for the FinTech innovators. Businesses, exchanges, tech firms, regulators and governments… all are pitching in to attract and retain the best brains. Are we doing enough to provide a transparent, enabling environment for innovation to flourish? Can we create a conducive sandboxed setting to allow technology-led entrepreneurship and innovation to flourish? Tune in.
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What is needed to Internationalise the Indian Financial Markets?
The Indian dream of becoming a global financial hub hangs somewhere between Mumbai and Ahmedabad. Perhaps the Bullet Train may bridge the distance, perhaps not. Our panel of market experts, debates what’s working and what more needs to be done in order to turn a dream into reality, and why is it so critical to get this right. Tune in.
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Chanda Kochhar to go on leave till completion of enquiry: ICICI Bank board
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ICICI BankNSEChief Executive Officer Chanda Kochhar will proceed on leave to facilitate an independent investigation into charges of favouritism and impropriety while the group’s life insurance head Sandeep Bakhshi will run the lender as its Chief Operating Officer.
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భారీగా తగ్గిన గృహ ౠణలు | ICICI Bank Reduce Home Loan Interest Rates | House Loans | Top Telugu TV
ICICI Bank Reduce Home Loan Interest Rates. ICICI Bank, HDFC too cut home loan rate to match SBI in boost for Housing for All scheme. House Loans....
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Sen$ex, Nifty appreciates; rupee weakens
The Benchmark BSE Sensex is up 16.53 points at 25246.89 and the 50-share index is up 5.35 at 7736.40. About 783 shares have advanced, 1195 shares declined and 114 shares are unchanged.
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BodyFaming Trailer:Bhumi Pednekar, Nawazuddin Siddiqui, Fatima Shaikh, Mona Singh, Sobhita & Dolly SBy Bollywood Bubble| 220 views
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#IndiaAt75 #HarGharTiranga #AmritMahotsav #CIICelebratesIndiaat75
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