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RBI announces Rs 25k compensation to bank customers hit by digital fraud

RBI announces Rs 25k compensation to bank customers hit by digital fraud

by AIP Online Bureau | Feb 6, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Regulation, Technology

“As long as (the customers) are defrauded whether on their own accord or anyone else’s accord, no questions asked… we will compensate them as long as it is unintended,”Reserve Bank Governor Sanjay Malhotra MUMBAI: Amid growing digital fraud, the...
Interest rates to remain at low level for long period of time: RBI Guv

Interest rates to remain at low level for long period of time: RBI Guv

by AIP Online Bureau | Feb 6, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Regulation, Wealth Management/ Philanthropy

“The policy rates will continue to be at low levels for a long period of time (and) they will go down even further,” Malhotra said in a post-monetary press conference. Mumbai: Reserve Bank Governor Sanjay Malhotra on Friday said the key policy rates will...
Insurance joint secretary Goyal shifted out of DFS

Insurance joint secretary Goyal shifted out of DFS

by AIP Online Bureau | Feb 5, 2026 | Indian News, Policy

Parshant K Goyal DFS, headed by secretary M Nagaraju currently doesn’t have an additional secretary nor a joint secretary in its insurance division. Nagaraju is scheduled to retire on May 30, 2026 New Delhi: In a key level change in the central government, Parshant K...
Dubai launches driverless taxi service

Dubai launches driverless taxi service

by AIP Online Bureau | Feb 5, 2026 | Eco/Invest/Demography, International News, Risk Management, Technology

The vehicle functions through an integrated system powered by artificial intelligence, advanced sensing technologies, and autonomous decision-making systems. The system ensures safe and seamless mobility within a real urban environment and on roads open to live...
377 aircraft identified for repetitive defects since Jan last year, says govt

377 aircraft identified for repetitive defects since Jan last year, says govt

by AIP Online Bureau | Feb 5, 2026 | Data, Regulation, Risk Management, Technology

Of these, 405 aircraft belonging to IndiGo were analysed for repetitive defects and 148 were identified for repetitive defects, as on February 3, this year, as per data presented by Minister of State for Civil Aviation Murlidhar Mohol in Lok Sabha. New Delhi:A total...
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