Risk of erroneous fund transfers is like a hanging sword for financial services firms: Nithin Kamath

November 20, 2023

Nithin Kamath’s comments come against the backdrop of a major mishap at UCO Bank earlier this month, wherein the state-owned lender erroneously transferred a total of Rs 820 crore through mobile-based Immediate Payment Service (IMPS) to some customers due to a technical glitch

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NSE Clearing fails to meet liquidity norms; report Rs 176.65-cr shortfall amid pending dues from BSE

NSE Clearing Ltd, the clearing house of the National Stock Exchange (NSE), has failed to meet the capital markets regulator Sebi’s mandated liquidity requirements, citing

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Tech View: Nifty eyes 24,050 as next target; support at 23,550 from put writing. How to trade on Thursday

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