Discover and read the best of Twitter Threads about #banking

Most recents (24)

Lessons that the stock market always teaches us: -

Go through the thread below to know more about it... #sbi #banking #India #trading #investing #sharemarketindia
In recent years, Indian stock markets have experienced a significant uptick. The Nifty recovered from the panic-induced trough reached in March 2020, when it was nearly 8,000 to 18,600. So, it has given us enough lessons to be learned.
1. Avoid attempting everything and everywhere at once:
Decide on a look, then stay with it. Your chances of failing dramatically increase if you frequently alter your appearance to fit the most recent trends.
Read 16 tweets
SBI joins Rs 5-trillion market cap club
The 3rd largest list bank and 1st largest Government owned bank in market cap
Some interesting facts about the SBI:

Go through the thread below to know more about it...
#sbi #banking #India #trading #investing #sharemarketindia
1.The largest Indian banking & financial service organization in India is the State Bank of India. SBI is another shorthand for it.

2.SBI's headquarters are in Mumbai.

3.It is the largest State-owned bank.
4.In 1806, the Bank of Bengal was founded in Kolkata. It was India's first presidential bank.

5.In 1840, the Bank of Bombay was founded.

6.In 1843, the Bank of Madras was founded.
Read 10 tweets
#TodayinHistory in 1882, Monte de Piedad y Caja de Ahorros de Manila (Mount of Piety & Savings Bank of Manila), the oldest savings bank in #PH, began its operations. It was 1st in the Philippines to offer loans to the poor w/ moderate interest. THREAD
#banking #kasaysayan
Since the end of the Galleon trade in 1815, #PH economy under colonial administration was forced to diversify. While there were gains in this shift, it caused disparities among wage-earners in colonial Philippines, w/ its effects being felt until 1880s.
Domestic textile, for ex., couldn't compete w/ foreign imports. Low wage earners became susceptible to diseases & unemployment. To alleviate these problems, the funds from Obras Pias (religious charitable foundations linked to the Galleons) was redirected to establish...
Read 11 tweets
Con-call with 3 collegues. All #Banking #Security pros. They noted, via twitter, I had attended the @SCSpikes #NFTClassic. Asked me if I was into #NFTs, he is. No. I'm not. I'm like #baseball. Why? Three Reasons. I was asked by them to post my response.
1 - #Crypto/#Blockchain, like all complex mathematics fascinates me. I love it from a technical perspective, AND have worked on two functional commercial applications. But as an operational Day2Day transactional currency? It is loony-tunes impossible to make it pencil.
I was hired by a major credit card company to write a think piece on a 100% of the annual transaction and settlements. One major credit card company on blockchain by year 5 would consume 12% of the world's electrical generation. That nuts.
Read 12 tweets
Let's talk about #Tether - THREAD

Start with ew fun facts from their rules for using the #Tether services 🤡

Thread 🧵⬇️

In Tether's terms of service we can find information that #Tether doesn't have to buy back $USDT tokens, should anyone wish to exchange them back into $USD, if it does not want to.
The terms state that Tether reserves the right to delay the redemption of tokens at a time if such a delay is necessary due to lack of #liquidity, unavailability, or loss of any reserves held by Tether to support USDT Tokens.
Read 30 tweets

KSA & other Arab Countries

They have adopted UnIslamic Civilisation for economic & lecherous reasons since they got independence from colonisation. Warnings of the Prophet SAW were ignored. God has His ways to get the message of #Islam out loud.
Compromising the Islamic #Values of KSA for the sake of #Business & #Money in the name of progress. Ignoring the fact that who tried to poison the Prophet SAW to this level of enmity against #Islam

Intervention and #Deception by the #Kuffar are going on for long time in Mekkah & Madina Muslims’ two holiest cities in KSA. Letting the camel into the tent would have serious consequences to #Ummah…

Read 9 tweets
A pitchdeck / presentation to 'What is Conceal Network'?👇

$CCX #Privacy #Crypto #Blockchain #DeFi Image
What is Conceal? Image
The Conceal Mission Image
Read 30 tweets
#MCMasterclass ⚡️ Why is there a #CryptoCrash and what’s next? 🤔 @darshanbathija of @VauldOfficial discusses with Moneycontrol's @chandrarsrikant.

Missed the LIVE? Watch for highlights 👇

#Crypto #Cryptocurrency
What's next for this asset class? 🧐

Find out from @darshanbathija of @VauldOfficial with Moneycontrol's @chandrarsrikant on #MCMasterclass.

Watch the highlights 👇

#Crypto #Cryptocurrency #CryptoCrash
Why is it that crypto space doesn't have #banking support? asks @darshanbathija of @VauldOfficial to @chandrarsrikant.

Watch on #MCMasterclass ⚡️

#Crypto #Cryptocurrency #CryptoCrash
Read 10 tweets
#MCPersonalFinance: To help you save on your travel bookings and to make the most of your holidays, we have here the best travel #creditcards available in the market for both domestic & #InternationalTravel. ✈️…

by @thanawala_hiral | #Travel | @kayezad
@thanawala_hiral @kayezad All your bags are packed, you're ready to go. The third wave has eased and destinations far & near beckon.✈️

But before you book that #ticket there are a few things you should keep in mind. Read👇…

by @thanawala_hiral | #Travel #MCPersonalFinance @kayezad
@thanawala_hiral @kayezad #MCPersonalFinance: While traveling abroad for holidays, some of us withdraw money using our ATM, credit or debit cards, but unknowingly pay hefty fees.

Check charges for using credit or debit cards abroad👇…

by @thanawala_hiral | #Travel | @kayezad
Read 10 tweets
The banking sector has been an underperformer since COVID. What makes it so interesting now? (1/8)

#bankingsector #COVID19 #investing
The banking sector is the backbone of our economy. The health of our banks has always played a major role in our economic growth journey. (2/8)

#india #economy #banks
With the introduction of the Asset quality review in FY15-16, banks' asset quality has been under pressure. This was further aggravated by events such as demonetisation, GST, and the IL&FS crisis. As a result, the GNPA ratio for Banks rose to 11.2% in FY18 vs 4.3% in FY15. (3/8)
Read 8 tweets
1/ Ever wonder how the invention of coinage gave rise to two of humanity's biggest vices?

Time for a thread! 🧵👇
2/ Based on texts from the Greek writer Herodotus, it is now commonly accepted that the Lydians, who ruled over a vast kingdom located in what is today western Turkey, minted the first coins sometime around 630 BC.
3/ Many of the most innovative concepts in today's digital assets space - like fractionalization and tokenization - were actually introduced by the Lydians, who would mint their coins in various weights.
Read 12 tweets
1/ Did you ever wonder where some of the most commonly-used terms in the world of finance and banking originated, like bank, algorithm, and million/billion/trillion?

Time for a thread! 🧵👇
2/ Many of these terms actually originated during the Renaissance, in which Italian bankers took a pioneering approach to push the practice of banking forward.
3/ Interestingly enough, the Renaissance didn’t begin as a movement in art, but rather as a practical revival of mathematics to help bankers and merchants perform the increasingly difficult tasks of converting money, calculating interest, and determining profits and losses.
Read 11 tweets
Do credit #underwriters, at banks, actually read the credit memo and the financial risk/credit scorecard attached and prepared by the analysts with the credit proposal?
In some jurisdictions the Head Office, Credit Committee Members don't even give a damn about the due diligence
#Bankers should not keep the Credit Manual for the Auditor's pleasure.

I don't want to expand on this one more.
And with the implementation of the @BIS_org Accords over the years, bankers have still not updated their manuals, policies, strategies, etc
Some bankers, especially credit back office, RMs, and Middle Office Risk Analysts still don't factor in credit risk metrics as required.
Read 8 tweets
Hey, you! Are you interested in the crypto / DLT markets?

If so, did you know there are red flags that need to be investigated behind the $XRP lawsuit from the @SECGov?

It's called a conspiracy, but there is a lot of physical evidence that is being ignored.

Thread🧵 ⏬ #XRP
@SECGov 1. We did this for the #XRPcommunity because we stand for truth.
We stand for unbiased technology-neutral legislation.
We know $XRP is not a security. The only country in the world that thinks its a security is the USA because of biased officials in power.

See the facts below⏬
@SECGov 2. First of all a big shoutout to all #crypto citizens that are standing up and pointing out the red flags behind some SEC officials.

This thread and visuals are based on facts from @JohnEDeaton1 @CryptoLawUS doc library.

#XRP $XRP #XRPCommunity #SECfreepass #ETHfreepass #DLT
Read 17 tweets
Throwback to 2018 Edition of Electronic Payments International News Release:

Cover story on @Ripple

--Quick Thread of the Ripplenet / $XRP mentions--

#Ripple #DLT #Blockchain #XRP #XRPCommunity
#DigitalAssets #NotASecurity #fintech #news #Throwback #ripplenet #payments #2018
2. This document talks about $XRP and @ashgoblue states PNC hasn't adopted #XRP.

@ashgoblue do they still just use X Current?

If anyone found anything that shows they adopted XRP post in the comments.

#fintech #discussions #news #oldschool
Read 5 tweets
The Indian Stock Market consists

• 3+ crores Investors
• 4000+ Companies
• 100+ Sectors
• 200+ Ratios
and the list goes on...

How to find good 𝗰𝗼𝗺𝗽𝗮𝗻𝗶𝗲𝘀 using suitable 𝗿𝗮𝘁𝗶𝗼𝘀 of growing 𝘀𝗲𝗰𝘁𝗼𝗿 for 𝗳𝗿𝗲𝗲

Let's find out.⤵️
Imagine yourself in a library. 📚

Between sweet smell of books & N number of wooden shelves, you want your favourite book.

Now, will you browse the whole library one by one for that book or just visit the particular section the book belongs to?
95% will choose the second option.

• It's smarter.
• Time saver.

Well, then why don't we do the same while picking stocks?
Read 24 tweets
SEBA Bank Joins ADGM!🤝

This is huge for $XDC! 🌎🌱

I show the power partnerships in this picture... 👀🧩

@inside_r3 Corda < @lab577 @DASL_Me Bridge < #XDC Network

--Thread Below--⏬

#DLT #ADGM #crypto #blockchain #research #MLETR #Enigio #dDOC #CBDC #Digitalassets #fintech
📞Wake up call to do research & stop sleeping on $XDC

@DASL_Me + @inside_r3
DASL + @XinFin_Official
DASL + @BCBcrypto

Powerhouses laying foundational rails for traditional finance.🚂

#fintech #banking #tradFI #XDC $XDC #Deep #research #DLT #Blockchain
Any deniers that don't believe me that $XDC is connected to R3 Corda

Here are some sources you can spend some hours reviewing.

I've done my research and don't need to explain to anyone when the info is all here👇
#XDC $XDC #R3 #Corda #Connected
Read 16 tweets
In 2017 the IMF Managing Director Welcomes Establishment of High-Level Advisory Group on FinTech

Look who is on that board...👀…

--Quick IMF Connections Thread--
@Ripple @chrislarsensf #IMF #DLT #Blockchain #fintech $XRP #XRP #XRPCommunity #Connections ImageImage
1. In 2018 The Bali Fintech Agenda was created:

A Blueprint for Successfully Harnessing Fintech’s Opportunities…

#Blockchain #DLT #XRP $XRP #fintech #IMF #standards #crypto #finance #banking #openbanking #BFA #topoftheworld
Read 6 tweets
New CBDC Paper "New Era for Money"


"End is near for unregulated stable coins and
lists @Tether_to fraud as an example"

Regulations incoming soon?

#CBDCs #stablecoins #money #fintech #DLT #regulated #research #banking
Does this connect with #ripple #Quant?👀

1. Project "New Era"

Awesome name to describe exactly the revolution we are going through!

My question since this is talking about CBDC is the UK does this connect with @Ripple & @digitalpoundfdn

#CBDC #ripple #h
2. Lists problems with UNREGULATED stable coins:
• Digital Runs
• Dollarization
• Concentration Risk
• Disintermediation risk
• Consumer & Investor Fraud
#stablecoins @Bitfinexed
Read 20 tweets
I happened to get started in payments & banking, because the technology company that I had founded, went bankrupt. Totally broke. For many years I told people, I decided to move on. That's not the truth. We were as broke as fuck by 2008. By 2010 it was time to packup.
By the time I turned 40 in 2010 (yes, do the math as to how old I am today), I was looking for a place to start anew in. One colleague in @StateBank_Pak gave me the challenge to find an ACH processor (in the US) that would process remittances for #Pakistan.
How hard could that be? Well, it was fucking hard. Every time someone heard the word "Pakistan" the phone went dead, the email communication ceased or I was bluntly told, PK is not a territory they can work with. Fuck that I said. I keep on trying.
Read 19 tweets
New IMF Document Released Jan 26, 2022.

Blockchain Consensus Mechanisms - A primer for global IMF supervisors.
Differences between PoW, PoS, DPoS, & fBFT ($XRP $XLM)

#XRP #XLM Mentioned! #regulated #research #blockchain #DLT #XRPCommunity
--Thread of important quotes--
1. This is a very important document as the IMF represents a consortium of 190 countries and pushing for carbon-neutral countries by 2030.

They are sharing their views in which supervisors around the world will read and use this information to help form their opinion.
2. If you want a video overview I took 4 hours to edit and record this full document overview.

Timestamps and info are in the thread / Video description to make things easier as well!

#XRP #XLM #Cryptocurrency #XRPCommunity #XRPARMY

Read 26 tweets
#Banks: Central Bank #DigitalCurrency, #blockchain, #RBI, National Bank for Financing Infrastructure and Development, 100% of post offices will be connected to the core banking system

#Telecom: Rollout of 5G, Production Linked Incentive Scheme, Optical Fibre in villages
#Health: National #DigitalHealth Ecosystem Platform and National Tele #MentalHealth Programme

#Education: 'One class-one TV channel' Programme, #DigitalUniversity, 750 virtual labs, Foreign institutions in #GIFTCity
Read 7 tweets
Want to be in the top 1%?

Find the blockchain projects 99% aren't looking at.

I've done 1000s of hours of research on some of the best projects and compiled them into educational threads for other citizens to research

Here are some of my deep dives🌊

--Thread of Threads-- Image
My focus is on long-term utility blockchain/ DLT projects⛓

Not short-term meme coins

These threads will cover:

• CBDC's
• IoT + IoV
• Innovation
• Supply chain
• Data protection
• Paperless trade finance
• Cheap payment infrastructure
• Interoperability of DLT ledgers Image
Read 18 tweets

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