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India's Decision To Scrap 2000-Rupee Note: Impact On The Economy Explained - Vimarsana News

India's Decision To Scrap 2000-Rupee Note: Impact On The Economy Explained

Explainer: What India's decision to scrap its 2000-rupee note means for its economy...

Latest News about Indian Money and Banking - Vimarsana News

Latest News about Indian Money and Banking

Moneylife is a comprehensive online resource for news and opinions on personal finance like stocks, mutual funds, loans, insurance, credit cards, real estate and on companies, banking, finance and industry sectors from India.

Cybercrime is a Growing Risk to Bank Ratings: S&P - Vimarsana News

Cybercrime is a Growing Risk to Bank Ratings: S&P

 0 The banking sector is becoming more exposed to cybercrime after the COVID-19 pandemic accelerated digitalization and remote working, says S&P Global Ratings in a report titled 'Cyber Risk In A New Era: The Effect On Bank Ratings'.   Cyberattacks can harm credit ratings, mainly through reputational damage and potential monetary losses. S&P's credit analyst Irina Velieva says, "Cyberattacks have had only a limited effect on bank ratings to date, but could trigger more rating actions in the future as cyber incidents become more frequent and complex."   As per the report, banks and other fi...