Subrata Panda

1 week ago | rediff.com | Ajinkya Kawale |Subrata Panda

An hour-long disruption could affect around 40 million UPI transactions. IMAGE: Kindly note the image has been posted only for representational purposes. Network disruptions caused by internet service providers (ISPs) powering India's flagship payments platform, Unified Payments Interface (UPI), hardware malfunctions, and the overloading of banks' transaction processing systems are likely behind the UPI outages over the past two weeks, according to sources.

1 week ago | business-standard.com | Subrata Panda |Manojit Saha

Even after exiting the consumer business, Citi continues to be the largest global bank in India by revenue and a banker to Indian clients in 70 countries while managing 8 per cent of India trade flows. Jason Rekate, global co-head (corporate banking), talks to Subrata Panda and Manojit Saha on uncertainties due to global tariff wars, how Indian companies are navigating these challenges, and why India continues to be an important market for the American lender. Edited excerpts:

2 weeks ago | rediff.com | Subrata Panda

LIC said USTR's views are based on an incomplete understanding of Indian insurance regulation and LIC's functioning. State-owned Life Insurance Corporation said on Friday it has never invoked the sovereign guarantee for its policies, nor used it as a marketing tool. India's largest insurer said it operates in a fully competitive market alongside 24 private companies.

3 weeks ago | rediff.com | Shreya Nandi |Subrata Panda |Ajinkya Kawale |Sanjeeb Mukherjee

The US Trade Representative noted that India's average applied tariff rate stood at 17% per cent, the highest of any major world economy. Kindly note the image has been posted only for representational purposes. IMAGE: A truck passes shipping containers stacked at the container terminal at Cochin Port on Willingdon Island in Kerala.

4 weeks ago | rediff.com | Subrata Panda

These super-rich Indians intend to reside in their chosen host country permanently while retaining their Indian citizenship. One in five ultra-high-net-worth individuals (UHNWIs) in India plans to migrate out of the country to enhance their living standard and gain access to better healthcare, education and business environment, according to a survey by Kotak Private Banking, a division of Kotak Mahindra Bank.