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Debt capital desks may leak as banks start M&A financing

Reserve Bank of India's new proposal will allow banks to fund mergers and acquisitions. This change is expected to reduce fee income for debt capital market bankers. Previously, non-bank lenders and private funds dominated this financing. Now, banks entering this space may compress spreads and increase competition. This shift impacts how M&A deals are financed in India. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/yJwj73Y via IFTTT
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Storm Smacking the East Coast Will Bring Days of Heavy Rain and Wind

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By Adeel Hassan and Amy Graff from NYT U.S. https://ift.tt/Sjsm1nU via IFTTT
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Small change! Banks seek RBI nod to stop SMS alerts for transactions below Rs 100

Banks have asked the Reserve Bank of India for an exemption on sending SMS alerts for small transactions under ₹100. This move aims to reduce customer clutter and fatigue from frequent notifications. Banks propose safeguards, including customer consent, to ensure security. Customers can still opt for alerts via banking apps or emails. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/OgHk5Ih via IFTTT
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Katie Porter Videos Give California Rivals a New Opening

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By Laurel Rosenhall and Benjamin Oreskes from NYT U.S. https://ift.tt/czwmY5i via IFTTT
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The Mortgage Fraud Case Against Letitia James, Explained

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By Charlie Savage from NYT U.S. https://ift.tt/isL3SEr via IFTTT
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By Unknown Author from NYT World https://ift.tt/afeDTH0 via IFTTT
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Trump’s Energy Cuts Punished Mostly Blue States. Red States Might Be Next.

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By Maxine Joselow and Brad Plumer from NYT Climate https://ift.tt/lNTSqko via IFTTT
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