Give your phone away for enough info to open a credit line?

Image source: 123rf.com Smartphones have become the central hub of modern life. They use pensioners for banking, shopping, Health apps and even storing passwords. But this convenience comes with hidden dangers. Hackers and scammers can sometimes get enough data from a single telephone to open a credit line in your name. The question is not […]

8 Freeze/locking tactics that actually stop the identity thieves

Image source: 123rf.com Identity Is one of the fastest growing crimes in America and pensioners are among the top goals. Scammers only need a few personal information to open credit lines, to dispose of accounts or to submit fraudulent tax returns. Although no step can eliminate the risk, certain strategies for freezing and locking reduce […]

RBI is increasing two variable speed auctions to infuse liquidity in the banking system

The Reserve Bank of India performed two variable REPO (VRR) auctions on Friday on Friday to infuse liquidity in the banking system. The liquidity surplus has shrunk to £ 72,774 crore from 18 September due to larger than expected tax outflows. In the first VRR auction of six days tenor, which tried to pump £ […]

Il & FS to sell 15% remaining interest in Roadstar Invit

Debt-founded infrastructure Leasing & Financial Services has decided to sell its full 15 percent remaining interest in Roadstar Infra Investment Trust (Invit) to reduce obligations. Infrastructure Leasing & Financial Services (IL & FS) has appointed Axis Bank to explore potential buyers for its 15.1 percent interest in Roadstar Invit. “Sale of the importance of IL&FS […]

Hold RBI back with Headline Inflation goal prior to assessment, say sources

The Reserve Bank of India (RBI) is expected to recommend to retain an existing inflation goal for a third consecutive time after feedback from stakeholders who supported the framework, according to two sources that are familiar with the case. Flexible inflation targeting in India requires a 4 percent headline inflation target within a tolerance bond […]

Adani Group’s regulatory risks are not over as other Sebi probes continue

The Securities and Exchange Board of India (Sebi) is still investigating some accusations from US Short Seller Hindenburg Research against the Adani Group, according to people who are familiar with the issue, indicating that the conglomerate only received a partial rejection with the orders of Thursday. There are some hanging research strands, such as whether […]

Greece EuroBank to open the India office to tap the business momentum

The EuroBank in Greece sets up a representative office in India to tap the positive business momentum between the two countries. “We authorized the end of last month of the reserve Bank of India for setting up our representative office in Mumbai. We are very enthusiastic about the prospect and we want to make it […]

RBI asks states to spread loans over the home, sources say

The Reserve Bank of India has asked states to spread their loans over officials instead of concentrating on long -term bonds and to communicate more accurately, according to four sources that are aware of the discussions. States will borrow a record £ 12 Lakh Crore ($ 135.95 billion) in tax 2026, and the proceeds on […]