#MCInterview | 🚨 Use of QR based systems, linking them to instant payments still in early phase, says Citi's Biswarup Chatterjee
For Citi, India, where it has a massive domestic presence, is one of its biggest focus areas, Biswarup Chatterjee, head of partnerships and innovation, Citi Services, tells Moneycontrol
@humsitweets reports:
https://t.co/rQPkODeZq9
#MCInterview | India is a very important business, among top 5 markets for us: Citi's global head of liquidity Stephen Randall
-Clients seek scalable, real-time liquidity solutions globally
-Blockchain and real-time payments optimize working capital
-India ranks among Citi's top markets for treasury services
@humsitweets reports:
https://t.co/6wYc8YJ2FD
#MCInterview | We test many playbooks in India before taking them to other markets, says Citi's Debopama Sen
-Citi holds 21 percent market share in MNC payments in India
-India is a key test market for Citi's global payment innovations
-Citi serves nearly half of India’s unicorns with payment tech
@humsitweets brings in details ⤵️
https://t.co/pVUWx8oaQV
#MCExclusive | 🚨“In less than six months, we are going to reach five crore active users. As we speak, we just crossed 4.5 crore yesterday and hopefully in this quarter (June FY27), we will be reaching five crore,” said CS Setty, speaking exclusively to Moneycontrol's @humsitweets
SBI Chairman says YONO 3.0 should be in the works soon; app set to touch 5 cr users soon.
WATCH exclusive interview here⤵️
https://t.co/458WyAawRY
#SBI
#MCExclusive | RBL Bank set to appoint HDFC Bank veteran as CFO, sources say
-Appointment awaits board and RBI approval
-RBL Bank recently saw several senior management changes
@archishmaaa and @humsitweets bring in more details⤵️
https://t.co/PWzs0EyQOS
#MCExclusive 🚨| SBI General Insurance to list after AMC’s IPO: SBI chairman CS Setty
-SBI plans to list SBI General Insurance after AMC listing
-SBI Card has improved asset quality and returned to growth
-SBI Payments seen as key to SBI's overall payment strategy
Details by @humsitweets ⤵️
https://t.co/X4uJu0jTVd
#MCExclusive | Will soon start working on YONO 3.0, says SBI Chairman
With all apps of SBI on-boarded on YONO, customers cannot accuse bank of mis-selling, thanks to YONO’s DIY model, Setty emphasizes.
@humsitweets reports 👇
https://t.co/yPAMrH5thR
#MCInterview | No foreign bank covers India like MUFG, says India deputy CEO Shashank Joshi
Five years from now, India should be contributing the most in terms of growth and ROE and help Tokyo achieve its global ROE objective, Joshi tells Moneycontrol
@humsitweets brings in details:
https://t.co/3LqgGth6yy
#Exclusive | NHB has sounded a cautionary note to housing finance companies on the classification of mortgage-backed loans, signaling closer regulatory scrutiny of lending practices. The move comes amid concerns that aggressive loan categorisation could mask underlying risks and distort asset-quality assessments. A reminder that in housing finance, growth cannot come at the cost of prudence.
@humsitweets | #Housing
#EditorsPicks | Rajesh Exports shocker, SME IPOs buzz and regulator cautions home financiers - Editor’s Picks from Moneycontrol
@nalinmehta unpacks how these developments could reshape markets and tech momentum in this new edition of Editor’s Pick 📰
🧵Follow this thread for the full scoop! 👇
#MCExclusive | 🚨 NHB warns housing finance companies to exercise caution on mortgage loans classification
-NHB warns HFCs against misclassifying loans for refinancing
-Penalties to be imposed for violating principal business criteria
-Scrutiny of HFCs' loan classification has increased under new MD
@humsitweets with details 👇
https://t.co/d7GggSIcuk
#MCExclusive | 🚨 Important to deepen ties with clients and expand base, says BofA's Shankar Subramaniam
- NBFCs now prefer bank lending over bonds due to rate changes
- Mid-East, Japanese banks intensify competition in India
@humsitweets reports 👇
https://t.co/OZvDA6zPe0
#MCExclusive | Pause in repo rate would be an appropriate decision by MPC, says SBI Chairman
Setty spells out that repricing deposits would be tricky if there is a rate hike in the anvil.
Details by @humsitweets ⏬
#MCExclusive 🚨 | Need to relook at liabilities, can’t rely only on deposits, says SBI Chairman
Speaking to Moneycontrol ahead of RBI MPC, SBI Chairman Challa Sreenivasulu Setty says a hike in repo rate could be a tricky situation for banks.
In an exclusive conversation with Hamsini Karthik (@humsitweets)
Tune in LIVE from 08:15 PM IST 👇
https://t.co/NFeANkIsfP
#MCInterview | SBI will take the lead in diversifying liability options, says chairman CS Setty
- SBI keeps 13-15% FY27 loan growth target unchanged despite global risks
- No current stress seen in corporate or retail loan books at SBI
- SBI aims to list its asset management arm by October 2026
@humsitweets with more details⏬
https://t.co/uSGNsl4reD
#MCExclusive | 🚨 "Pause in rate would be an appropriate decision by RBI MPC."
~"Any rate increase would immediately push up the yields on these loans and they get repriced."
Speaking exclusively to Moneycontrol's @humsitweets , State Bank of India Chairman Chella Srinivasulu Setty said the bank is in favour of a pause in rate action, in line with the broader consensus emerging across sections of the market.
Here's more on what he said 👇
#SBI #RBIMP
#MCExclusive | 🚨 Pause in repo rate would be an appropriate decision by MPC, says SBI Chairman
-SBI Chairman supports a pause in RBI rate action this week
-Rate hike tricky amid weak deposit rate transmission
-Strong credit growth may challenge deposit funding if rates rise
Read exclusive interview by @humsitweets 👇
https://t.co/MQqU0jTBrR
Google which is cash surplus, just announced an additional capital raise of $80 bn.
Google annual profit is $160 bn, last quarter $62 bn, and market cap $4.5 trillion. That is close to total profits and market cap of all Indian listed companies put together.
It’s a wake up call to all companies to invest into the future, whatever the present maybe.
Now that IPL is done and dusted, time for India to focus on business of business.