Probe42

𝗖𝗼𝗻𝘃𝗲𝗿𝘀𝗲 𝘄𝗶𝘁𝗵 𝗣𝗿𝗼𝗯𝗲𝟰𝟮 𝗔𝗜 𝗼𝗻 𝘁𝗵𝗲 𝗡𝗲𝘄 𝗥𝗕𝗜 𝗖𝗶𝗿𝗰𝘂𝗹𝗮𝗿: https://lnkd.in/g7s_wH37 The RBI's new beneficiary name look-up facility for RTGS and NEFT transactions enables remitters to verify account holder names before transferring funds, enhancing security, reducing errors, and preventing fraud. Scheduled for implementation by April 1, 2025, this initiative aligns with India's vision for a secure and transparent digital payment ecosystem. #Probe42 #RBI #Compliance #Finance #GenAI

𝗖𝗼𝗻𝘃𝗲𝗿𝘀𝗲 𝘄𝗶𝘁𝗵 𝗣𝗿𝗼𝗯𝗲𝟰𝟮 𝗔𝗜 𝗼𝗻 𝘁𝗵𝗲 𝗡𝗲𝘄 𝗦𝗘𝗕𝗜 𝗖𝗶𝗿𝗰𝘂𝗹𝗮𝗿: https://lnkd.in/gXDq2zrK SEBI’s Cybersecurity and Cyber Resilience Framework (CSCRF), introduced in August 2024, aims to protect IT infrastructure, secure sensitive data, and ensure operational continuity for regulated entities. By providing regulatory forbearance, extending compliance timelines, and revisiting data localisation provisions, SEBI fosters a phased and collaborative approach to enhancing cyber resilience while aligning India’s financial systems with global security standards.  #Probe42 #SEBI #Compliance #Finance #GenAI #IT

𝗖𝗼𝗻𝘃𝗲𝗿𝘀𝗲 𝘄𝗶𝘁𝗵 𝗣𝗿𝗼𝗯𝗲𝟰𝟮 𝗔𝗜 𝗼𝗻 𝘁𝗵𝗲 𝗡𝗲𝘄 𝗥𝗕𝗜 𝗖𝗶𝗿𝗰𝘂𝗹𝗮𝗿: https://lnkd.in/gZVtnwBj The Reserve Bank of India (RBI) has introduced mandatory reporting guidelines for gold derivatives transactions, effective February 1, 2025, to enhance transparency, regulatory oversight, and data accuracy. These guidelines require banks to report OTC gold derivatives transactions and amendments to the Clearing Corporation of India Ltd. (CCIL) trade repository, with provisions for one-time and quarterly reporting. By standardizing reporting practices, the initiative aims to foster a secure, transparent, and well-regulated gold derivatives market. #Probe42 #RBI #BankingRegulations #Compliance #Finance #GenAI

𝗖𝗼𝗻𝘃𝗲𝗿𝘀𝗲 𝘄𝗶𝘁𝗵 𝗣𝗿𝗼𝗯𝗲𝟰𝟮 𝗔𝗜 𝗼𝗻 𝘁𝗵𝗲 𝗡𝗲𝘄 𝗥𝗕𝗜 𝗖𝗶𝗿𝗰𝘂𝗹𝗮𝗿: https://lnkd.in/gQVdjM9S The Reserve Bank of India (RBI) has enabled UPI transactions from/to full-KYC Prepaid Payment Instruments (PPIs) through third-party UPI applications, enhancing accessibility and interoperability in the digital payments ecosystem. This policy change allows PPI holders to link their wallets to third-party UPI apps, fostering convenience and expanding the reach of UPI payments while maintaining compliance with regulatory standards.  #Probe42 #RBI #BankingRegulations #Compliance #Finance #GenAI

𝗧𝗵𝗲 𝗬𝗲𝗮𝗿 𝗧𝗵𝗮𝘁 𝗪𝗮𝘀: 𝟮𝟬𝟮𝟰 As we reflect on 2024, we are deeply grateful for the trust and support of our users and customers. This year has been dedicated to building on our mission of making data accessible and actionable, one milestone at a time. 𝗣𝗹𝗮𝘁𝗳𝗼𝗿𝗺 𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀 📊 Over 2.5 Cr companies viewed 🔍 More than 50L searches conducted ⏱️ An average of 4 companies viewed every second 💡 42 searches per minute These numbers remind us of the responsibility we carry to serve our community better each day. 𝗔 𝗬𝗲𝗮𝗿 𝗼𝗳 𝗣𝗿𝗼𝗴𝗿𝗲𝘀𝘀 🚀 𝗞𝗲𝘆 𝗜𝗻𝗱𝗶𝗰𝗮𝘁𝗼𝗿𝘀: Introduced critical metrics to enable quick pre-qualification of companies. 🤖 𝗠𝗲𝗿𝗰𝘂𝗿𝘆 𝗔𝗜 𝗔𝘀𝘀𝗶𝘀𝘁𝗮𝗻𝘁: Brought Gen AI-driven insights, multilingual support, and tailored recommendations to enhance productivity and client engagement. 📚 𝗔𝗜-𝗣𝗼𝘄𝗲𝗿𝗲𝗱 𝗥𝗲𝗴𝘂𝗹𝗮𝘁𝗼𝗿𝘆 𝗦𝘂𝗺𝗺𝗮𝗿𝗶𝗲𝘀: Simplified complex RBI, MCA, SEBI, and IRDA circulars with AI-powered interpretations to offer faster and clearer insights. https://lnkd.in/gMZi_7aP 𝗥𝗲𝘀𝗶𝗹𝗶𝗲𝗻𝗰𝗲 𝗶𝗻 𝗔𝗰𝘁𝗶𝗼𝗻 Amid public domain source level challenges, our tech and operations teams worked diligently to ensure data remains accurate, timely, and comprehensive. Their efforts have helped our customers make confident decisions every day. 𝗟𝗼𝗼𝗸𝗶𝗻𝗴 𝗔𝗵𝗲𝗮𝗱 As 2025 unfolds, we remain committed to delivering quality, actionable, and affordable data. The journey continues, with exciting new innovations and initiatives just around the corner. Thank you for being a part of this story and for inspiring us to keep moving forward. #Probe42 #DataAnalytics #BusinessIntelligence #IndiaInc #AI #2024 #2025

𝗠𝗲𝗿𝗿𝘆 𝗖𝗵𝗿𝗶𝘀𝘁𝗺𝗮𝘀 𝗳𝗿𝗼𝗺 𝗣𝗿𝗼𝗯𝗲𝟰𝟮! 🎄 This festive season, we celebrate the joy of giving — just like the gift of valuable insights that empower growth.  May your holiday season be filled with warmth, joy, and cherished moments. Here’s to a very Merry Christmas! #Probe42 #MerryChristmas #SeasonOfGiving #2024

🌐 𝗘𝘅𝗽𝗹𝗼𝗿𝗶𝗻𝗴 𝗜𝗻𝗱𝗶𝗮’𝘀 𝗜𝗧 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆: 𝗔 𝗞𝗲𝘆 𝗖𝗮𝘁𝗮𝗹𝘆𝘀𝘁 𝗳𝗼𝗿 𝗘𝗰𝗼𝗻𝗼𝗺𝗶𝗰 𝗚𝗿𝗼𝘄𝘁𝗵 The IT & BPM sector continues to drive India's economic growth, contributing 7.5% to GDP in FY23 and expected to reach 10% by 2025. With 76 crore Internet users and some of the world’s lowest Internet costs, India is at the forefront of a digital revolution. Here are some key insights from 𝗣𝗿𝗼𝗯𝗲𝟰𝟮 𝗱𝗮𝘁𝗮: 💡 𝗧𝗼𝗽 𝗥𝗲𝗴𝗶𝗼𝗻𝘀: Maharashtra, Karnataka, and Delhi lead with the highest number of registered companies. 💡 𝗞𝗲𝘆 𝗦𝗲𝗴𝗺𝗲𝗻𝘁𝘀: IT Consulting and Application Development account for 72.4% of the market. 💡 𝗡𝗲𝘄 𝗜𝗻𝗰𝗼𝗿𝗽𝗼𝗿𝗮𝘁𝗶𝗼𝗻𝘀: 28,700+ companies were launched in the last 5 years, with 78% in core IT segments. 💡 𝗥𝗲𝘃𝗲𝗻𝘂𝗲 𝗧𝗿𝗲𝗻𝗱𝘀: Most companies report annual revenues under ₹5 crore. 💡 𝗕𝗼𝗿𝗿𝗼𝘄𝗶𝗻𝗴𝘀: 83% of IT companies have no secured borrowings, while 12,000+ borrowings were created in 2023-24. 💡 𝗙𝗼𝗿𝗲𝘅 𝗔𝗰𝘁𝗶𝘃𝗶𝘁𝘆: 21,100+ companies engage in foreign currency transactions. 📊 Dive deeper into actionable insights on over 𝟭,𝟬𝟭,𝟬𝟬𝟬 𝗮𝗰𝘁𝗶𝘃𝗲 𝗜𝗧 𝗰𝗼𝗺𝗽𝗮𝗻𝗶𝗲𝘀 with Probe42 👉 Explore Now: probe42.in #InformationTechnology #EconomicGrowth #DigitalRevolution #BusinessIntelligence #IndustryInsights #LeadGeneration #RiskAssessment Pallav Das | Vishwanath Seshadri | Sowmya Devaiah (she/ her) | Jayesh Bahadur | Prashanth Pereira | Darshan KN | Vikram Jha | Naghma Shadabh | Akhila Reddy | Jayesh Jadhav | Navez Shaikh | Neha Kumari | Harsh Raj Mandloi | Neelam Mota | Nikhil Kumar Agrawal | Dhruvangi Joshi | Rajat Tripathi | Niveditha S | Raksha Lokhande | Rekha Jagannath | Yukta G | Nikhil Porwal | Pooja Gowda | Aarthi Sharma | Nidhi B | Abhidha Gupta | Maitreyee Ganguli

𝗚𝗲𝗻𝗔𝗜 𝗧𝘂𝗿𝗻𝘀 𝟮: 𝗢𝗽𝗲𝗻 𝘃𝘀. 𝗣𝗿𝗼𝗽𝗿𝗶𝗲𝘁𝗮𝗿𝘆 𝗟𝗟𝗠𝘀 🚀 Which LLM works best for your business—Open-source or Proprietary? Open-source models, provide flexibility for startups, while proprietary options, deliver enterprise-grade scalability. A hybrid approach blends the best of both worlds, ensuring customization, security, and cost-efficiency to meet today’s financial and operational challenges. So, what’s your winning strategy? Open, Proprietary, or Hybrid? #GenAI #AIInnovation #Probe42 #OpenSource #LLMs #FutureOfWork

𝗡𝗲𝘄 𝗕𝗹𝗼𝗴 𝗔𝗹𝗲𝗿𝘁! Say hello to the revamped Probe42 Blog - your new destination for corporate insights and everything you need to make informed decisions! ✨ What’s new? 🔹A sleek, user-friendly design. 🔹Easier navigation to explore different topics. 🔹Integration with AI to summarize Regulatory Updates. Visit the blog now! https://lnkd.in/guT_x-JR #Probe42 #Probe42Resources #Blog #GenAI #RBI #MCA #SEBI #IndustryInsights

𝗖𝗼𝗻𝘃𝗲𝗿𝘀𝗲 𝘄𝗶𝘁𝗵 𝗣𝗿𝗼𝗯𝗲𝟰𝟮 𝗔𝗜 𝗼𝗻 𝘁𝗵𝗲 𝗡𝗲𝘄 𝗥𝗕𝗜 𝗖𝗶𝗿𝗰𝘂𝗹𝗮𝗿:  https://lnkd.in/gfz5X8qh The Reserve Bank of India (RBI) has announced a phased reduction in the Cash Reserve Ratio (CRR) to enhance liquidity in the banking system, reducing it by 50 basis points in two tranches to 4.00% by December 28, 2024. This measure aims to boost credit availability and economic activity while maintaining systemic stability, reflecting the RBI's adaptive approach to balancing growth and inflation.   #Probe42 #RBI #BankingRegulations #Compliance #Finance #GenAI