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RBI policy: India’s central bank faces calls to do more than just one rate cut

India’s central bank is poised to deliver its fourth successive quarter-point interest rate cut on Wednesday, amid calls from investors and the government for further easing as a slowdown gripping the economy becomes more pervasive. The Reserve Bank of India will lower the benchmark repurchase rate by 25 basis points to 5.5%, according to almost all of the 36

Banks go slow on lending to auto dealers

MUMBAI: Several banks have expressed concern over a build-up of stress in their loans to automobile dealers and may tread cautiously, even slowing down on disbursements as the auto industry grapples with its worst sales slowdown in over a decade. Banking industry experts estimate the total outstanding loans to automobile dealers to be in the range of

Google expands networking, migration portfolio to drive hybrid cloud adoption

Google on Tuesday announced a series of tools for organizations adopting hybrid and multi-cloud strategy, including a new service in beta for migrating VMs from Microsoft Azure. Google is also expanding its networking portfolio for companies that are modernizing their applications. First, Migrate for Compute Engine is expanding to enable companies to migrate virtual machines directly out

SunTec launches solutions to help banks with digital transformation

With this approach, banks can quickly adopt new technologies, add more functionality and capabilities, offer customised products and enhance the customer experience. SunTec Business Solutions has launched in London the Xelerate Digital Core, a ‘low-risk approach for banks to accelerate digital transformation without having to replace their functionally stable legacy core systems.’ Xelerate seeks to

The 3 Best Strategies to Improve Your Networking

How great would it be if everyone in your firm was excellent at networking? If they all could connect with prospects and clients, engage in interesting conversations and talk about what your firm does in a compelling way? Everyone in your firm should have the tools to network well. It’s vital for the growth of

Syndicate Bank bets on Big Data to boost growth

Agri-loan waiver schemes to be completed by the end of FY20 Syndicate Bank is focusing on improving its information technology infrastructure in areas such as Big Data and Analytics. Replying to a query by a shareholder on the capex investment of the bank for the next two to three years at the annual general meeting

How Image Recognition Is Going to Improve Your Social Media Ads

Today, more and more companies are realizing that capturing the attention of their audience on social media is the best way to promote their products, drive traffic to their websites and increase conversions. In fact, according to GlobalWebIndex, the average internet user now spends about 15 minutes longer each day on social platforms than he or

Three Reasons To Turn Down A Networking Invitation

In general, I heartily encourage people to accept networking invitations. For example, a friend asks if they can introduce you to someone you should know. Or, you get a LinkedIn invitation from someone you don’t know. Or, someone you meet at a conference suggests you grab coffee sometime, and they actually contact you after the

8 Business Titans Reveal the Best Social Media Tactics to Promote Your Company

If you aren’t promoting your business on social media, you’re asleep at the wheel. Here’s what eight social media masters and Advisors in The Oracles told us about the channels and tactics that impact their businesses most. 1. Understand the platforms. Bethenny Frankel Image credit: The Oracles There’s definitely a science to social media. Consider what each