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Under the program which commenced earlier this year, banks, fintech and technology companies can collaborate and run real-time experimental pilots under the supervision of a central bank team who can then determine the efficacy of mass-market applications based on the results.
Brokerage stocks surge as retail trades jump to record in IndiaLocal brokerages, ICICI Securities Ltd. and Geojit Financial Services Ltd., have gained more than 17% this year while the 103-member S&P BSE Finance Index slumped 26%.
from Stocks-Markets-Economic Times https://ift.tt/… Read MoreAsian stocks rise on Fed policy outcomeThe unchanged policy setting together with a pledge the Fed would use its "full range of tools" if needed boosted risk appetite overnight with all three Wall Street indexes finishing firmer.
from Stocks-Markets-Economic Time… Read MoreFatigue? Dalal Street rolls over fewer bullish bets to Aug seriesThe Bank Nifty underperformed the index on concerns over the impact of coronavirus pandemic on the economy and businesses. The Bank Nifty gained 0.65 per cent in the July series and provisionally saw rollovers of 63.5 per cen… Read MoreOver 45% of urban Indians to increase health insurance spendingThe study forecasts not only a sharp rise in demand for health insurance products over the upcoming months but also an increased influence of digital modes for insurance purchases.
from Stocks-Markets-Economic Times https://… Read MoreSmart money laps up midcaps and smaller cos amid market reboundThe study captures shareholding changes in companies where they hold over 1 per cent. Jhunjhunwala figures among shareholders of mid-caps such as Autoline Industries, Dishman Carbogen and Indian Hotels.
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