Tata Communications, Infosys, Power Grid: Stocks to watch on Thursday ,Stocks News, Business News

Stocks to watch on Thursday, April 18: Gift Nifty futures has been swinging between gains and losses and last at around 8:17 am, it gained marginally and traded at 22201 indicating muted opening for Indian equities. Equity benchmark indices Sensex and Nifty continued to slump on Tuesday (April 16, 2024), dragged down by heavy selling in IT stocks amid weak global trends and fears of escalating tensions in the Middle East. The outflow of foreign funds also dented investors’ sentiment. 
COMMERCIAL BREAKSCROLL TO CONTINUE READINGContinuing its downtrend for the third day running, the 30-share BSE Sensex tanked 456.10 points or 0.62 per cent to settle at 72,943.68. The NSE Nifty 50…
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Source: https://www.zeebiz.com/markets/stocks/news-stocks-to-watch-april-18-happiest-minds-dcb-bank-sunteck-realty-elin-electronics-share-price-nse-bse-284539/amp

RBI Fines DCB Bank Ltd ₹63.6 Lakh for Interest Rate Non-Compliance

The bank neglected to benchmark the interest rates of certain floating-rate retail loans and loans to MSMEs to an external benchmark lending rateThe Reserve Bank of India ( RBI ) has levied a monetary penalty of ₹63,60,000/- on DCB Bank Ltd. for its failure to comply with certain directives regarding ‘Interest Rate on Advances’.The RBI found that DCB Bank had failed to reset interest rates at the prescribed intervals in certain MCLR ( Marginal Cost of Funds based Lending Rate ) linked floating rate advances.Additionally, the bank neglected to benchmark the interest rates of certain floating-rate retail loans and loans to Micro, Small, and Medium Enterprises ( MSMEs ) to an…
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Source: https://www.taxscan.in/rbi-fines-dcb-bank-ltd-%E2%82%B963-6-lakh-for-interest-rate-non-compliance/385190/

DCB Bank Integrates with GST Payment Portal

 

DCB Bank, a new-generation private sector bank, announced that it had successfully implemented and integrated with the Goods and Service Tax payment portal (GSTN). This complements the Direct Tax payments facility offered from DCB Bank that include Income tax, Advance Tax, and Tax Deduction at Source (TDS) payment, etc. The Direct Tax payment facility was launched last year upon the Bank’s empanelment as an Agency Bank for conducting Government business.
Goods and Services Tax Network (GSTN) portal provides simplified and automated procedures for various processes such as registration, returns, refunds, GST payments,…
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Source: https://smestreet.in/infocus/dcb-bank-integrates-with-gst-payment-portal-4413253

Vrikshit Foundation and DCB Bank Conclude Nationwide Plantation Drive to Combat Climate Change

ANI |
Updated: Apr 03, 2024 10:12 IST

SRV MediaNew Delhi [India], April 3: Vrikshit Foundation, in collaboration with DCB Bank, is tackling climate change head-on with a massive tree plantation drive spanning 25 cities across India. This initiative brings together DCB Bank employees and Vrikshit Foundation volunteers for a large-scale effort to increase green coverage and promote environmental sustainability.The program boasts a geographically diverse range, with plantations already completed in Gurugram, Ghaziabad, Delhi, Bikaner, Kanpur, Jaipur, Amritsar, Kolkata,…
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Source: https://www.aninews.in/news/business/corporate/vrikshit-foundation-and-dcb-bank-conclude-nationwide-plantation-drive-to-combat-climate-change20240403101257/

DCB, Ekam Eco Solutions join hands to set up composting facility at Goa University

Ekam Eco Solutions Pvt Ltd, a research spin-off of IIT Delhi’s works on sanitation, along with DCB Bank, launched a composting facility at Goa University on Tuesday. Located on the university grounds, this facility has a capacity of processing 657 kgs of wet waste a day.Sponsored by DCB Bank as part of its corporate social responsibility (CSR) initiatives, the facility is designed and developed by Ekam Eco Solutions Pvt Ltd. Alterenergyz has taken charge of commissioning and managing the facility. Quoting Harilal B Menon, Vice-Chancellor of Goa University, a media statement said the composting site at Goa University signifies a milestone in the journey towards a more sustainable…
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Source: https://www.thehindubusinessline.com/economy/agri-business/dcb-ekam-eco-solutions-join-hands-to-set-up-composting-facility-at-goa-university/article67997795.ece/amp/

Tech Talk – Building Trust with Responsible AI Governance

Building Trust with Responsible AI Governance

In today’s fast-paced digital landscape, enterprises are embracing Artificial
Intelligence (AI) as a catalyst for innovation and success. However, this adoption comes
with its own set of challenges, particularly concerning ethics, transparency, and
accountability.
As the AI revolution is here, the need for responsible integration is more crucial than
ever. Elets Technomedia,…
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Source: https://events.eletsonline.com/tech-talk/

DCB Bank offers payment facility for Good and Service Tax

DCB Bank, a new-generation private sector bank, announced that it had successfully implemented and integrated with the Goods and Service Tax payment portal (GSTN). This complements the Direct Tax payments facility offered from DCB Bank that include Income tax, Advance Tax, and Tax Deduction at Source (TDS) payment, etc. The Direct Tax payment facility was launched last year upon the Bank’s empanelment as an Agency Bank for conducting Government business.Goods and Services Tax Network (GSTN) portal provides simplified and automated procedures for various processes such as registration, returns, refunds, GST payments, etc.All types of GST including Central Goods and…
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Source: https://www.equitybulls.com/category.php?id=344712

Tech Talk – Building Trust with Responsible AI Governance

Building Trust with Responsible AI Governance

In today’s fast-paced digital landscape, enterprises are embracing Artificial
Intelligence (AI) as a catalyst for innovation and success. However, this adoption comes
with its own set of challenges, particularly concerning ethics, transparency, and
accountability.
As the AI revolution is here, the need for responsible integration is more crucial than
ever. Elets Technomedia,…
Read More…

Source: https://events.eletsonline.com/tech-talk/

DCB Bank Aims To Streamline Complaint Redressal With NPST’s Online Dispute Resolution

Banking and payment services provider Network People Services Technologies Ltd. said on Thursday that it has secured a contract for its online dispute resolution solution from DCB Bank Ltd.The bank will implement ODR, aiming to streamline customer complaint redressal, enhance efficiency and rationalise operational and compliance costs.In the current payments ecosystem, marked by multiple digital channels and growing transaction volumes, efficient dispute management processes are an integral component of payment processing capabilities. Transactional disputes, including failed or pending payments, can significantly impact customer perceptions of service quality and overall lifetime .Also,…
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Source: https://www.ndtvprofit.com/amp/technology/dcb-bank-aims-to-streamline-complaint-redressal-with-npsts-online-dispute-resolution