Business Today’s Post

#Q3WithBS | #HDFCBank is set to start with the banking pack’s Q3 earnings. Analysts forecast a muted growth in profits amid marginal increase in NII. Watch this segment of #BSMorning show to know more 🔗https://lnkd.in/giUYzvB7 Nikita Vashisht #HDFCBankQ3Result

Aegis FinServ Corp™ #Bank #Intelligence councils #Banks, #FinTech, #DigitalBanqs and Credit Unions. Many cannot meet new cost centers, merger is the best path. Designated Failed Institutions is not going to see FDIC Receivership. We expect mandatory merge/consolidation. Talk to #AegisFS about smart banking options. https://lnkd.in/ecvJeCc4

Aegis FinServ Corp™ #Bank #Intelligence councils #Banks, #FinTech, #DigitalBanqs and Credit Unions. Many cannot meet new cost centers, merger is the best path. Designated Failed Institutions is not going to see FDIC Receivership. We expect mandatory merge/consolidation. Talk to #AegisFS about smart banking options. https://lnkd.in/ecvJeCc4

Great read from CU Times and McKinsey highlighting the strategies Credit Unions will need to attract younger members and remain viable. We can help with all five via our single platform Digital Banking and Account Opening solution. #creditunions #mckinsey #fintech #bankingtech #bankingsoftware #digitalbanking #narmi https://lnkd.in/gveyrv9y

Aegis FinServ Corp™ #Bank #Intelligence councils #Banks, #FinTech, #DigitalBanqs and Credit Unions. Many cannot meet new cost centers, merger is the best path. Designated Failed Institutions is not going to see FDIC Receivership. We expect mandatory merge/consolidation. Talk to #AegisFS about smart banking options. American Bankers Association American Banker Florida Bankers Association NCUA https://lnkd.in/ecvJeCc4

When analyzing the adoption of real-time networks, there are interesting insights to consider. Approximately 600 Financial Institutions (FI's) are part of the TCH-RTP network, while the FedNow network boasts around 1000 FI's. Notably, over 330 FI's are members of both networks. Among the top FI's, institutions like Chase, Wells, and U.S. Bank have a presence on both the TCH-RTP and FedNow networks. On the other hand, BofA, Citi, and PNC exclusively participate in the TCH-RTP network. It's intriguing to note that there isn't a unanimous consensus among Large FI's regarding the necessity of joining both networks. The dynamics of real-time network adoption among Financial Institutions reveal a complex landscape with varying strategies and considerations. Understanding the choices made by key players like Chase, Wells, and U.S. Bank sheds light on the multiple approaches within the industry. #Finance #Banking #RealTimeNetworks #FedNow #TCHRTP #Fasterpayments #Realtimenetworkadption

Are Wealthsimple's 4% Rates Really Better Than TD's Bank Deals? Answers: https://lnkd.in/gi2KPEJf WealthsimpleVsBank #FinanceComparison #InvestSmart Wealthsimple vs Bank: No Brainer or is There Something I'm Not Seeing? Are you tired of low-interest rates and big fees at...

As big banks consolidate to grow, CDFI, MDI and other mission-focused banks are there to support otherwise underserved communities. CDFIs and MDIs are different from traditional banks and thrifts. They focus their lending and services in low- and moderate-income, rural, minority and native communities that are not adequately served by the traditional banking industry. Read this The Wall Street Journal article by Imani Moise and learn about how “community banks and credit unions are outperforming the banking industry as customers push back against consolidation.” Click here: https://shorturl.at/lCNY5 #Impact #CommunityDevelopment #CDFI #CDBA #BankingForGood

When assessing which bank to choose, it's important to inquire about two key metrics: the Capital Adequacy Ratio and the Texas Ratio. These indicators provide valuable insights into the bank's financial health and stability. 🔔 👉🏻 Capital Adequacy Ratio (CAR) is a measure of a bank's financial strength. A higher CAR indicates that the bank is better equipped to handle financial stress and losses. It's like having a strong safety net. The higher the ratio, the better the bank is at managing its financial risks. 👉🏻 The Texas Ratio provides insight into how well the bank manages its risks. This ratio compares the amount of bad loans (loans at risk of not being paid back) to the bank's safety funds (money set aside to cover potential losses). A lower Texas Ratio is beneficial as it indicates the bank has a strong buffer against potential loan defaults, suggesting a stable and secure financial position. At EQIBank, we take these measures seriously. 📌 We proudly maintain a Capital Adequacy Ratio (CAR) of over 80%, which is significantly higher than many other banks. 📌 Moreover, we have a Texas Ratio of 0%, meaning we avoid risky assets and investments. Our clients are our top priority, and we are committed to ensuring your financial health and security. Choose us for a banking experience where your needs and safety come first. #eqibank #bankingservices #bestbank #bankingindustry