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Banks should fortify cyber security as fraud cases rise: RBI

by AIP Online Bureau | Nov 23, 2023 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Regulation, Risk Management, Technology

RBI Deputy Governor Rajeshwar Rao said that bank customers today are facing a threat from technology induced frauds such as fraudulent apps, breach of privacy and deep fakes Mumbai: The RBI on Thursday said that the banks should focus on fortifying cyber security and...
Customer data with account aggregators completely safe in India: Sitharaman

Customer data with account aggregators completely safe in India: Sitharaman

by AIP Online Bureau | Nov 23, 2023 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Non-Life, Regulation, Risk Management, Technology

“There is a need for insurance companies to become a lot more tech-ready and through technology, but because insurance is such a sentimental matter. You still need a human interface. Insurance companies will have to adapt technology, bring in more personnel, who can...
LIC projects double digit growth in FY24, plans to launch innovative products: Chairman

LIC projects double digit growth in FY24, plans to launch innovative products: Chairman

by AIP Online Bureau | Nov 23, 2023 | Indian News, Life

“We are projecting double-digit growth over the last year. We are going to achieve that because a recent trend is showing uptick in individual retail business. In order to further reinforce our commitment, we are going to launch some new attractive...

Liberty General launches insurance campaign in Delhi

by AIP Online Bureau | Nov 23, 2023 | Briefs, Non-Life

Liberty General Insurance has commenced an ‘Suraksha ka Vaada, Bima ke Saath’ to bolster insurance awareness in Delhi. Parag Ved, CEO & Whole Time Director, Liberty General Insurance said, ”As the lead insurer for Delhi, we are poised to work in...

Economic models buckle under strain of climate reality

by AIP Online Bureau | Nov 23, 2023 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, Features, Policy, Risk Management

“But climate change is fundamentally different to other shocks because once it has hit, it doesn’t go away,” said Thierry Philipponnat, author of a report by Finance Watch, a Brussels-based public interest NGO on financial issues Record temperatures,...
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