1. Indian Startup Seclore Gains Traction Amid High Profile Hacks:
Amid a string of high profile breaches like those that have hit Sony Pictures, health insurer Anthem and infidelity website Ashley Madison, Indian startup Seclore has been quietly gaining clients in the U.S. and elsewhere
2. China economic growth seen slowing despite policy easing:
The central bank is expected to cut reserve requirements by a further 150 bps in 2016 but keep interest rates unchanged, the poll showed.
3. Aiming for 15-18% advances growth in FY16:
Karur Vyasa: The bank’s MD CEO, K Venkataraman told CNBC-TV18 that in Q2, there were no major slippages and only one account was restructured under the 5:25 scheme
4. Karur Vysya Bank Q2 profit jumps 57%, provisions NPA rise:
Asset quality weakened during the quarter with gross non-performing assets (NPA) rising 60 basis points Y-o-Y and 5 bps Q-o-Q to 1.96 percent. Net NPA increased 37 bps on yearly basis and 8 bps sequentially to 0.96 percent.
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