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Loan assessor steals 2kg gold in Madurai bank, BFSI News, ET BFSI

November 30, 2020 cyketanbank

City police have arrested a jewellery assessor at a public sector bank in Madurai on charges of embezzling gold jewellery worth more than Rs 1 crore pledged by the bank’s customers. The misappropriation and theft of jewellery at the North…

Impact of GST on Advances/Security Deposits/Retention Money etc.

November 30, 2020 cyketanloan

Goods and Services Tax Act, 2017 (GST) has brought concept of “One Nation, One Tax”, and has simplified method of collecting and calculating Indirect taxes all over India. There is no cascading affects and ambiguities, while dealing with provisions of…

Russia to Recognize Bitcoin as Property With Legal Protection

November 30, 2020 cyketancryptocurrency

The Russian prime minister has outlined the government’s plans to amend existing laws to recognize cryptocurrency as property. This means bitcoin owners will have the legal rights to defend and recoup their cryptocurrencies in court. Russia to Recognize Bitcoin as…

Investor Raoul Pal To Liquidate All Gold to BTC and ETH, Backs Crypto Regulations

November 30, 2020 cyketanbtc

Investor Raoul Pal who’s very popular among the crypto circles has made a big revelation recently. On Monday, November 30, Pal plans to liquidate all his Gold holdings and put it all at work by buying Bitcoin (BTC) and Ethereum…

Fintech Firms Continue Banking Industry’s Gender Bias

November 30, 2020 cyketanbank

Subscribe to The Financial Brand via email for FREE! Banking has historically been an industry founded by men, run by men, with products created for men. Recently, some progress has been made, but the gender bias in banking still…

Summons, Inspections, Search, Seizure & Arrest provisions under GST

November 30, 2020 cyketanloan

GST video series by CA Bimal Jain on ‘Summons, Inspections, Search, Seizure, and Arrest provisions’ under the GST law and its various nuances – 1. What is Summon and Who can issue and to whom under GST https://youtu.be/H34ABSUsd9o 2. Inspection,…

‘Basis Cash’ Launch Brings Defunct Stablecoin Into the DeFi Era

November 30, 2020 cyketanbitcoin

A team of anonymous developers is making what might be called a fork of a project that never launched. Readers of this post will likely see a strong earnings opportunity here, but please be careful. Basis Cash is based on…

German banks should brace for insolvencies, hold off dividends-BuBa’s Buch, BFSI News, ET BFSI

November 30, 2020 cyketanbank

German banks have sufficient capital buffers to weather the COVID-19 crisis but should prepare for a rise in insolvencies and refrain from paying out dividends for now, Bundesbank Vice President Claudia Buch said in a newspaper interview published on Sunday.…

Can I buy US Tech stocks directly instead of US Index MFs?

November 30, 2020 cyketanloan

It is now possible for retail investors in India to directly buy US stocks. One question that is now becoming popular among the investor community is, “can I buy US stocks (in particular US tech stocks) directly instead of investing in a…

Kraken Daily Market Report for November 29 2020

November 30, 2020 cyketanbitcoin

Overview Total spot trading volume at $401.2 million, many times larger than usual Sunday trading, but down by more than 50% from the weekly average. Bitcoin and Ethereum started the day in the negative, but closed +2.6% and 7.2%, respectively.…