Discover and read the best of Twitter Threads about #banking

Most recents (24)

Union Finance Minister @nsitharaman will address a press conference, at @PIB_India, New Delhi at 5 P.M. today

Catch LIVE updates on @PIBMumbai, in this tweet thread 🧵

Watch LIVE:
Media Conference by Finance Minister @nsitharaman to begin shortly

Live from ⏰ 5 PM

Stay Tuned

Watch LIVE:
@FinMinIndia @DFS_India @nsitharamanoffc
📡Live Now📡

#Cabinet has yesterday approved Central Government guarantee up to Rs. 30,600 Crore to back Security Receipts to be issued by National Asset Reconstruction Company Limited (NARCL), announces Finance Minister @nsitharaman

Watch
Read 29 tweets
1/ @NYtimes story on #crypto/#banking deserves a thoughtful reply. Issue isn't black & white: anti-crypto forces try to paint us all w/ a broad brush. Bad actors deserve to be called out, but the article ignores fact that regulatory-compliant firms exist. nytimes.com/2021/09/05/us/…
2/ First--@ericliptonnyt/@el72champs you got a fact wrong & it deserves a correction. #Wyoming’s special bank charter doesn't allow “cryptocurrency deposits.” “Deposit” has a v specific meaning in banking: banks can only take deposits in fiat money (US$)--not in crypto. Pls fix.
3/ That’s a key distinction. Regulated banks can provide CUSTODY services for #crypto (like for securities) but CAN’T take deposits in ANYTHING except money. Article misses that critical point--it’s a firewall protecting Fed's payment system from exposure to anything other than $
Read 24 tweets
Corporate Fascism. IRS wants to know what you do - ALL of you.
home.treasury.gov/system/files/1… 1/ #BidenMustGo
Grow governance. Chase away wealthy-highest tax base. Reduce revenues....the shortfall: move the goal posts down. 21% helped middle class grow. Low unemployment. 2019 was a banner year. Then CHINAVIRUS.
investopedia.com/articles/perso… 2/
Most of this is taxation shuffling to a "Global" ideal. There is nothing beneficial to this plan. It is confusing (not a tax expert) - for a reason - and benefits bureaucracy and tax lawyers. 3/
Read 6 tweets
बँकिंग रेगुलेशन ॲक्ट !!

केंद्र सरकारने बँकिंग रेगुलेशन् ॲक्ट लागू करा म्हणून आदेश दिले आहेत.राज्यात जिल्हा बँकेच्या निवडणूका सुरू आहेत.यात महाविकास आघाडीच्या नेत्यांची पार गोची होऊन बसली आहे.साहेब या साठीच मध्यंतरी दिल्ली वाऱ्या करून आलेत पण काही उपयोग झाला नाही.पण नवीन कायद्या
बाबत अजून पण संभ्रमावस्था आहे.त्या कायद्याचे नियम व निकष अजून प्राप्त झालेले नाहीत.तरी सध्या तरी जुन्याच कायद्याने ही निवडणूक होणार आहे.पण ही त्या राजकारणी लोकांची शेवटची निवडणूक असणार हे मात्र नक्की आहे.हे विधेयक पारित केल्यानंतर त्याचे आता कायद्यात रूपांतर झाले आहे.हा कायदा
१ एप्रिल २०२१ पासून देशात लागू झाला आहे.या कायद्या अंतर्गत सर्व सहकारी बँका येणार आहेत.तुम्हाला माहितीच आहे ३.५ जिल्ह्याच्या बँका कोणाच्या अधिपत्या खाली येतात.त्यामुळे इकडे सगळी भांभेरी उडाली आहे.राज्यसरकारचे या बँका वरील सर्व नियंत्रण जाणार आहेत.ते सर्व अधिकार आता आरबीआय च्या
Read 6 tweets
Read the 45th issue of #BrandSutra, The Free Press Journal Newspaper's weekly page focused on life, leadership, and business lessons from the custodians of major brands, with experts from the realm of brands decoding the highly charged world of marketers.

#marketing #brands
Every individual must have access to financial services, says Sanjay Agarwal, CEO of @aubankindia
#bank #banking
Link: freepressjournal.in/business/every…
YashPakka to find ways to reduce the cost of sustainable packaging, says @Ved_krish

Link:freepressjournal.in/business/ayodh…
Read 4 tweets
Every socio-economic, political, legal, natural disaster, man-made disaster, or another process, which leads to a negative outcome must be recorded and taxonomized as an incident having material or near-miss risk characteristics, in the right category box in the risk register.
Modern #ERM & Traditional Risk Management are getting more and divided.
ERM is not just about Operational Loss Management and Materiality Assessment based on Assurance and Risk Review drove Internal Controls and Testing, but, it goes beyond that!
@IASassociation @TheIIA @BIS_org
More and more #Analytics is being used in both Auditing and Risk management, to understand the organizational dynamics of commercial strategy and the vulnerabilities associated thereof.
Especially the design, inserting and removal of Internal Controls is an analytical exercise.
Read 19 tweets
Overview some emerging tech sectors, niches which become major trends in next 5-10 year with growing thousands startups unicorn and great companies.
Check the thread 👇

#startups #tech #innovations #investors #fintech #financial #setcoingroup #TrendingNow #investments
Autonomous shipping
Autonomous trucking
#Blockchain real estate
Cannabis breathalyzers
Commercial space launch
Digital freight brokerage
Election tech
Food service robots and machines
Ghost kitchens
Indoor mapping
Short overview each niche 👇
#setcoingroup
setcoin.uk/post/emerging-…
Industrial workplace safety
Low-Power Wide-Area Networks (LPWAN)
Microweather
Smart packaging
Sports tech
Supersonic travel
Warehouse management tech 👇
#setcoingroup
setcoin.uk/post/emerging-…
Read 10 tweets
Overview some emerging tech sectors, niches which become major trends in next 5-10 year with growing thousands startups unicorn and great companies.
Check the thread 👇

#startups #tech #innovations #investors #fintech #financial #setcoingroup #TrendingNow #investments
Autonomous shipping
Autonomous trucking
#Blockchain real estate
Cannabis breathalyzers
Commercial space launch
Digital freight brokerage
Election tech
Food service robots and machines
Ghost kitchens
Indoor mapping
Short overview each niche 👇
#setcoingroup
setcoin.uk/post/emerging-…
Industrial workplace safety
Low-Power Wide-Area Networks (LPWAN)
Microweather
Smart packaging
Sports tech
Supersonic travel
Warehouse management tech 👇
#setcoingroup
setcoin.uk/post/emerging-…
Read 10 tweets
At PaymentComponents, we have been advising Financial Institutions for a long time, trying to find tools and products which offer simple solutions to complex problems.

👉paymentcomponents.com

#fintech #finserv #payments #ISO20022 #CBPR #SWIFT #euro #banking #digital #software
That is why we came up with our FINaplo, a game-changing platform for banks and financial institutions, aiming to dramatically accelerate financial messaging:
paymentcomponents.com/announcing-fin…

#fintech #finserv #payments #ISO20022 #CBPR #SWIFT #euro #banking #digital #software
Read 3 tweets
We’ve got big news! Today we’re announcing 6 company acquisitions. Each of these companies has something unique to offer and we’re thrilled to help build their futures. $RNWF @alkabadshah
@alkabadshah We've acquired @SacredBioscienc, who is pioneering the future of psychedelic research, #psilocybin farming, and alternative therapeutics. Learn more about their mission below! $RNWF @alkabadshah sacredbioscience.com Image
@alkabadshah @SacredBioscienc We acquired @sunshine_hemp. They are committed to helping Florida Farmers with the Best Hemp genetics for #CBD, #CBG, and other #hemp-derived products. $RNWF @alkabadshah sunshinehempfl.com Image
Read 7 tweets
Can't realise how a stock going down throughout D year N people R praising it!
Talking of #KotakMahindra Bank.
Given(-18%)return YTD!
After this dismal performance which is D bank wid highest CASA RATIO?
#IDCBY
#jpmorgan
#jphfl
Not a recommendation for educational purpose only
IDCBY:Revenue (TTM): $123.6B
Net Income (TTM): $45.3B
Market Cap: $231.8B
1-Year Trailing Total Return: -6.9%
Exchange: OTC
The largest bank in the world in terms of total assets under management (AUM) is the Industrial and Commercial Bank Of China Ltd. (2/N)
This institution provides credit cards and loans, financing for businesses, and money management services for companies and high net worth individuals. Though this is a commercial bank, it is state-owned.
#idbcy
Bank ho to Aisa 💪💪💪..
Aur kaha wo Kotak Mahindra Bank 😂😂😂(3/n
Read 8 tweets
What key 8 difference between permissioned #blockchain #setcoin & public blockchain #bitcoin?
Check the thread 🧵 👇

#investing #Finance #finanstwitter #cryptotrading #cryptocurrencies #cryptocurrency #cryptoart #defi #altcoin #CryptoNews #ethereum #Dodgers Image
1. #ESG Compatible with limited energy usage to deploy and run ledgers and nodes.
2. #Scalability: much faster validation, and transaction execution;
3. Generating income from real sector #assets;
Next 👇

#fintech #banking #cbdc #CryptoTownEU #DigitalCurrency #NFTgaming
4. Advanced #identity system for #digital #assets owners #validation;
5. Facilitating #green & #cycling economy transition
6. Diversification between income of green buildings, #renewables, #smartcities, #agtech, vertical farming, technology sector private equity assets
Next 👇
Read 10 tweets
1/ I produce a lot of content. It's difficult for some to keep up with at times. Below, a list of some of my threads & important tweets for $EGLD & $CEL The Crypto Industry & Banking/Federal Reserve & Investing. Education is Freedom & Crypto is Financial Freedom. #cryptocurrency
3/ “Is @ElrondNetwork The Future Smart Contract Blockchain Market Leader?” (44 Page Research & Investment Thesis) $EGLD ⚡️
Read 53 tweets
(1\13) The next time someone says #crypto is the one with #leverage tell them they have ZERO understanding of the existing legacy banking & financial system. Historically banks were required to hold 10-13% in reserves. Federal Reserve moved it to 0% on March 15, 2020 $EGLD $CEL Image
(2\13) federalreserve.gov/monetarypolicy… When I used to teach banking I would have my students perform #UBPR which are essentially an analytical tool for assessing banks health & performance. NEVER has the banking system allowed 0% reserve. Let me
(3\13) give you a mathematical example of how #FractionalReserves are essentially implicit leverage. If banks historically had to hold say 10% than the way you would understand how much leverage is by 1*1/R. You deposit $100 *(1/R) R=10% = $1,000, so they can lend out $900 for
Read 13 tweets
As much as they are technologies, #Bitcoin, #Ethereum, and other #cryptocurrencies are communities of users and developers. What is the profile and the motivation of cryptocurrency owners? Do they really #hodl? How does education etc. differ across cryptocurrencies? ⬇️[1/7] Image
Answers based on work with @David_III_L:
bis.org/publ/work951.p…

#Cryptocurrency investors tend to be young, educated and high-income, are likely to have experience of using digital finance but do not seem motivated by distrust in fiat currencies or regulated finance. [2/7] Image
We look into the role of knowledge acquisition about the technology, finding it has limited impact. For example, in recent years a #GenderGap in crypto ownership has emerged, while knowledge has actually converged. #Cryptocurrencies #Banking #Bitcoin [3/7] Image
Read 7 tweets
All about Credit Cards 💳⬇️

A Thread that will help you understand how it works? How to use them effectively so that you can beat 90% of people who fall into the debt trap?

Long 🧵 (Part-1)

#CreditCards #PersonalFinance #Startup #Money #CreditScore #Banking
Statistics say there are around 60Mn credit cards users in India 🇮🇳 and we are an underpenetrated market as compared to western countries. Millions of new Credit Cards get issued by leading Indian banks every year but the concern is do they promote any formal education about it?
Credit Cards are one of the most profitable businesses for banks, just check the annual reports of HDFC and SBI Cards.

v1.hdfcbank.com/assets/pdf/inv…

sbicard.com/en/who-we-are/…

Read 19 tweets
The RBI on May 31 asked banks not to cite its 2018 order as a reason to deny #banking services to customers who dealt in cryptocurrencies.

What is the future of #cryptocurrency in India and why does it continue to hang in the balance?

Read more in the thread below:

(1/5)
What is the history of #cryptocurrency in India?

(2/5)
Why did the #SupremeCourt overturn the #RBI’s 2018 order to banks?

(3/5)
Read 6 tweets
Join us in an hour for an enthralling webinar on Open Banking- A game changer for the Financial Ecosystem with @Spire__Tech, @AionDigital Company.

To register for the Webinar click on- linkedin.com/events/openban…
Today at 2:30pm IST.
Meet the Speakers for the Webinar who will take you on an insightful journey into the World of Open Banking.
Sanjeev Kumar, @whitesight_
Aamir Janjua, @aiondigital
Tanja Imamovic, @RBI_Presse
Richard Koch, @UKOpenBanking
Jennifer Lau, @spire_tech
Richard Koch from OBIE @ukopenbanking speaking about the emergence of Open Banking in the UK. Emphasising on consistency and performance of APIs by the OBIE.
Read 15 tweets
Daily Bookmarks to GAVNet 05/22/2021 greeneracresvaluenetwork.wordpress.com/2021/05/22/dai…
A Scratched Hint of Ancient Ties Stirs National Furies in Europe

nytimes.com/2021/05/16/wor…

#archaeology #europe #runes #slavic #nativism #nationalism #debate
Zoltan On The Coming QE Endgame: "Banks Have No More Space For Reserves"

zerohedge.com/markets/zoltan…

#banking #reserves #TheFed #FinancialSystem
Read 10 tweets
If you use Credit Cards, this thread is for you.

We’ll discuss some cool hacks to understand payments, save fees and how to avoid charges!🧵⬇️

#Payments #Fintech #Banking #CreditCards 💳
Credit Card Bills aren’t like Electricity Bill and you can literally pay any amount whenever you want, regardless of billing cycle and dates.

e.g - You can pay in advance or even before bill generation date for 0 outstanding. (1/n)
Now this is very important, we’re talking about Payment.

Always consider paying in full and don’t carry forward balances to the next month, minimum due is a trap. In case if you’ve large debt, take a personal loan and settle off your dues asap! (2/n)
Read 10 tweets
1/13: There’s a lot of chatter recently about #Fintechs not wanting to hire people with traditional #Banking backgrounds and traditional #Bankers pointing out how short-sighted this is. It’s a complex topic that’s worth unpacking. 👇 Image
2/13: Like with most arguments, there isn’t a right or a wrong side. Every company is unique and every hiring decision is the net result of a complex series of tradeoffs. Finding the perfect fit for any role is a noble goal to pursue but is unfortunately a fantasy standard IRL.
3/13: Banker Perspective: Fintechs don’t realize how the machinery works. They don’t appreciate how to navigate building products and delivering services in a highly regulated world. They should appreciate how many landmines could be avoided if they just hired experienced people.
Read 13 tweets
I had asked @EthzemaLeader the following question after his controversial/deliberate remark against #IslamicBanking/#InterestFreeBanking (as it is called here in #Ethiopia). I have today watched another video of him where he tried to "Clarify" but continued to insult us more.
1/n
First of all, he has tried to defend that he is not an #islamophobe by bringing #Muslim audience & that his grandmother was a Muslim. This is the same reply many persons give when they are confronted with their #Islamophobic attitude. #BerhanuNega is no different.
#Ethiopia
2/n
You can have #Muslim parents, lived with #Muslims fasted #Ramadan, eaten #Dates or #Sambusa etc you can still be an #islamophobe. One can claim to be a Muslim but in reality be the most #Islamophobic person that hates #Muslims and #Islam. It is a lame excuse!

#Islamophobia

3/n
Read 13 tweets
What are new graduates doing to be attractive to banks entry-level analyst programs?
@ABABankers @TheBanker @CIOonline @RiskDotNet @FT
Interesting question.
Banking sector MTO - Management Trainee Officers Program vary from country to country.
In my country Bank Staff Colleges train young graduates to become bankers.
The hired graduates have to undergo an intensive training course by attending several In-house boot camps or lecture hall workshops before they are moved into the formal workplace.
Read 38 tweets

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