'Allow Urban Co-op Banks to issue share certificates'
They can be traded on the bank's website or, eventually, stock exchanges to attract more investors. The paper suggests permitting UCBs to offer loans to Perpetual Non-cumulative Preference Shares (PNCPS) investors, up to certain limits, to make these investment options more appealing.
Stay informed with the latest
business
news, updates on
bank holidays
and
public holidays
.
AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Economic Times
7 minutes ago
- Economic Times
IAMAI flags ambiguities in data protection law; cautions impact on AI innovation
The Internet and Mobile Association of India (IAMAI) flagged ambiguities related to handling personal data in the Digital Personal Data Protection (DPDP) Act, 2023, in a submission before the ministry of electronics and information technology (MeitY). The industry body said restrictions on using publicly available data for artificial intelligence (AI) training would increase compliance burdens on AI companies, hinder technological progress, and disproportionately affect startups and smaller AI firms. In the submission, IAMAI said the ambiguities 'surrounding the processing of publicly available personal data might pose practical challenges for AI companies, particularly those using large datasets for training their models.' For them to verify whether the publicly available data was voluntarily made available is 'practically unfeasible,' it added. 'Even where personal data is shared publicly to comply with a legal obligation, it may be re-shared or resurface online through various means well after the initial legal disclosure, making it difficult for AI companies to process such data,' IAMAI presented in its submission. IAMAI suggested amending the DPDP Act to remove obstacles to using publicly available personal data for AI training. As an interim measure, the government may consider exempting data fiduciaries from certain provisions of the DPDP Act when they are processing personal data solely for AI training or fine-tuning, it suggested. The DPDP Act is yet to be operationalised, after the ministry invited stakeholders' comments on the rules in January. Earlier this week, digital payment companies Google Pay, PhonePe, and Amazon Pay, and the National Payments Corporation of India (NPCI) sought exemption from provisions of the DPDP Act that require user consent for each transaction, citing increased compliance burden, especially severe for small platforms.
Time of India
9 minutes ago
- Time of India
IAMAI flags ambiguities in data protection law; cautions impact on AI innovation
Academy Empower your mind, elevate your skills The Internet and Mobile Association of India ( IAMAI ) flagged ambiguities related to handling personal data in the Digital Personal Data Protection (DPDP) Act, 2023, in a submission before the ministry of electronics and information technology ( MeitY ).The industry body said restrictions on using publicly available data for artificial intelligence (AI) training would increase compliance burdens on AI companies , hinder technological progress, and disproportionately affect startups and smaller AI the submission, IAMAI said the ambiguities 'surrounding the processing of publicly available personal data might pose practical challenges for AI companies, particularly those using large datasets for training their models.' For them to verify whether the publicly available data was voluntarily made available is 'practically unfeasible,' it added.'Even where personal data is shared publicly to comply with a legal obligation, it may be re-shared or resurface online through various means well after the initial legal disclosure, making it difficult for AI companies to process such data,' IAMAI presented in its suggested amending the DPDP Act to remove obstacles to using publicly available personal data for AI training. As an interim measure, the government may consider exempting data fiduciaries from certain provisions of the DPDP Act when they are processing personal data solely for AI training or fine-tuning, it DPDP Act is yet to be operationalised, after the ministry invited stakeholders' comments on the rules in this week, digital payment companies Google Pay, PhonePe, and Amazon Pay, and the National Payments Corporation of India (NPCI) sought exemption from provisions of the DPDP Act that require user consent for each transaction, citing increased compliance burden, especially severe for small platforms.
Mint
24 minutes ago
- Mint
10 Best smartwatch deals from top brands with up to 90% off! Last chance, Amazon Great Freedom Festival ends tonight
The Amazon Great Freedom Festival Sale 2025 is almost over, ending tonight. If you've been waiting for the right time to purchase a smartwatch, this is your moment. Top brands like Noise, boAt, Samsung, Garmin, and Fitbit have joined in with some of the best deals you'll find this year. Product Rating Price Fire-Boltt Rise Smart Watch, 1.85" HD Display, Metal Body with Bluetooth Calling, Rotating Crown, AI Voice Assistant, 120 Sports Modes, Neon UI, SpO2 & Heart Rate Monitoring (Black) View Details View Details View Details boAt New Launch Ultima Prime Smartwatch with 1.43" AMOLED Display, Personalized Fitness Nudges, Functional Crown,100+ Sports Modes, Watch Face Studio (Royal Berry), Brown View Details boAt Ultima Regal w/ 2.01'(5.10 cm) Crystal-Clear AMOLED Display, 1000 NITS Brightness,Premium Metal Body, Functional Crown, 100+ Sports Modes, Fitness Smart Watch for Men & Women (Steel Black) View Details View More With up to 90% off, this is your last chance to grab a smartwatch that meets all your needs. From fitness tracking to everyday smart features, don't miss out on these exclusive offers before the sale ends tonight. Act now and make the most of these amazing deals. Loading Suggestions... Loading Suggestions... Loading Suggestions... Loading Suggestions... Samsung smartwatches are now available at up to 64% off during the Amazon Great Freedom Festival 2025. Packed with features like health tracking, long battery life, and seamless integration with Android devices, these smartwatches deliver exceptional value. From the Galaxy Watch 6 to the Galaxy Watch Ultra, there's a model suited for every lifestyle. Don't miss out on these exclusive offers in the Amazon Sale 2025. Grab your Samsung smartwatch at a fantastic price before the sale ends tonight. Best offers on Samsung smartwatches: Loading Suggestions... Loading Suggestions... Loading Suggestions... Loading Suggestions... The Amazon Great Freedom Festival Sale 2025 ends tonight and if you've been eyeing a Garmin smartwatch now is the time to act. With significant discounts on top models like the Garmin Venu and Forerunner series these offers are too good to miss. Garmin smartwatches are known for their accurate fitness tracking, impressive battery life and durability for outdoor activities. This is your last chance to grab one at a reduced price before the sale ends tonight. Don't let these amazing deals pass you by and act quickly before they're gone. Best offers on Garmin smartwatches: Loading Suggestions... Loading Suggestions... Loading Suggestions... Loading Suggestions... The Amazon Great Freedom Festival Sale 2025 is ending tonight, and this is your final chance to grab a Fitbit smartwatch at incredible prices. With discounts on top models like the Versa and Sense, you won't find better offers anytime soon. Fitbit smartwatches are ideal for those focused on health and wellness, offering heart rate monitoring, sleep tracking, and a range of fitness features. Don't let this opportunity slip by. These deals are only available for a few more hours. Hurry and grab your Fitbit before the sale concludes today. Best offers on Fitbit smartwatches: Loading Suggestions... Loading Suggestions... Loading Suggestions... Loading Suggestions... The Amazon Great Freedom Festival Sale 2025 is going on and ends today, making it the perfect time to grab a Noise smartwatch. With up to 72% off, models like the ColorFit Pro and ColorFit Pulse are available at prices you won't see again soon. Noise smartwatches offer a range of features, including fitness tracking, heart rate monitoring, and long battery life. If you're looking for a fitness companion or a smartwatch for daily use, these deals are hard to miss. Grab your Noise smartwatch before the sale ends today. Best offers on Noise smartwatches: Loading Suggestions... Loading Suggestions... Loading Suggestions... Loading Suggestions... The Amazon Great Freedom Festival Sale 2025 is going strong and wrapping up today. If you've been eyeing a boAt smartwatch, now's the time to grab one with discounts up to 72%. Models like the boAt Storm and boAt Wave are offered at incredible prices, but these offers won't last. With fitness tracking, heart rate monitoring, and long lasting battery life, boAt smartwatches are perfect for anyone looking for a reliable, stylish device. Don't wait, get yours before these deals are gone. Best offers on boAt smartwatches: Loading Suggestions... Loading Suggestions... Loading Suggestions... Loading Suggestions... The Amazon Great Freedom Festival Sale 2025 is nearing its end, and Fire-Boltt smartwatches are among the best offers you'll find. With discounts of up to 90%, this is the perfect time to get your hands on top models like the Fire-Boltt Cobra and Fire-Boltt Beast at exceptional prices. Fire-Boltt smartwatches come packed with features like heart rate tracking, fitness monitoring, and impressive battery life. This is your last chance to grab a high performance smartwatch with such a huge price drop. Best offers on Fire-Boltt smartwatches: Loading Suggestions... Loading Suggestions... Loading Suggestions... Loading Suggestions... Disclaimer: Mint has an affiliate marketing partnership, which means we may get some commission on purchases you make through the retailer sites links provided. These partnerships do not influence our editorial content, which is free from any bias or marketing pitch. We strive to provide accurate and unbiased information to help you make informed decisions. We recommend verifying details with the retailer before making a purchase.
