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Gold prices have surged to record highs, deterring festive buyers despite sparkling offers. Global financial unease and a weakening rupee are driving this rally, with central banks also contributing. While a post-Diwali correction is anticipated by some, experts advise long-term investors against market timing, suggesting consistent annual purchases mimic an SIP for steady returns.from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/TghaDjK
Banks are seeking RBI approval to stop sending SMS alerts for transactions under Rs 100, citing alert fatigue from frequent small online payments. Proposed safeguards include notifications for cumulative small transactions, with customer consent to be obtained before implementation.
State Bank of India aims to boost women's representation to 30% by 2030, currently at 27% overall. Initiatives like creche allowances, re-entry programs, and leadership development are in place. The bank is also focusing on women's health and operates numerous all-women branches, underscoring its commitment to a diverse and inclusive workplace.
State Bank of India is aiming for 30% women representation in its workforce within five years, currently at 27%. The bank is implementing initiatives like creche allowances, leadership training, and targeted health programs to support women and bridge the gender gap. SBI is also expanding its network of all-women branches.
