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Only AU Small Finance Bank eligible to apply for universal bank license now

CFO News

AU Small Finance Bank, the largest lender of the pack, has met all the eligibility criteria set by the regulator. AU has Rs 12,560 crore of net worth, made profits for the last two fiscals, and its gross and net non-performing assets were less than 3% and 1% respectively during the period as prescribed by RBI.

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ERP and MES Integrations Demonstrate the Power of Industry 4.0 for Manufacturing

Navigator SAP

But artificial intelligence and technologies such as the Industrial Internet of Things (IIoT) already are changing the world of business right now. is the broad term for today’s technologies applied to the manufacturing space. The transition just is a slow one, taking place one company at a time. Industry 4.0 Industry 4.0

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DoL’s Retirement Security Rule & PTE 2020-02 Amendment: What Advisers Need to Know Now About Giving Rollover Advice After Sept 23, 2024

Nerd's Eye View

On April 25, 2024, the Department of Labor (DoL) issued the final version of its Retirement Security Rule (the "Final Rule"), which imposes an ERISA fiduciary standard "that applies uniformly to all investments that retirement investors may make with respect to their retirement accounts ".

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Danny Kahneman: What if Everything is Narrative Fallacy?

Barry Ritholtz

.” – Daniel Kahneman The loss of Danny Kahneman is a reminder that we should review some of his work and apply them to the current market. I am fascinated by the idea of Narrative Fallacy (the term was actually coined by Nassim Taleb in “ The Black Swan “) and how it applies to pretty much ewverything. 2024: It’s a bubble!

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Grant Management: Unleashing Impactful Actions

Capital CFO LLC

Your organization applied months ago, hopeful yet realistic about the odds. Now, the news is here, as clear as day: the grant […] The post Grant Management: Unleashing Impactful Actions appeared first on Capital CFO+.

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Vedanta-Foxconn JV applies again for Semicon sops

CFO News

The company had earlier applied to receive incentives for making 28 nm chips. It has now modified its application to manufacture 40 nm chips and receive incentives in that category, a source said.

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RBI moves to regulate PoS payment players like Pine Labs, Innoviti, MSwipe

CFO News

Companies like Innoviti Payments, Pine Labs and MSwipe will be brought under regulatory cover now. The regulator said companies providing the service will need to apply for authorisation from the RBI by May 31, 2025.

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