by AIP Online Bureau | Feb 9, 2025 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy
Himanshu Srivastava, Associate Director-Manager Research, Morningstar Investment Research India, said that a key driver of the outflow was global trade tensions, as the United States imposed tariffs on countries including Canada, Mexico, and China, heightening fears...
by AIP Online Bureau | Feb 7, 2025 | Eco/Invest/Demography, Indian News, Life
Siddhartha Mohanty, CEO & MD, LIC The value of new business (VNB) margin of the corporation has also improved to 17.1 per cent for the nine months period ended December 31st 2024, as compared to 16.6 per cent for the same period last year. Mumbai: Life Insurance...
by AIP Online Bureau | Feb 7, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Life, Non-Life, Regulation, Risk Management, Wealth Management/ Philanthropy
“Such forward contracts will enable long-term investors such as insurance funds to manage their interest rate risk across interest rate cycles. They will also enable efficient pricing of derivatives that use bonds as underlying instruments,” said Sanjay...
by AIP Online Bureau | Feb 7, 2025 | Banking & Bancassurance, Indian News, Regulation, Risk Management, Technology
With increased instances of fraud in digital payments becoming a significant concern, this initiative aims to reduce cyber security threats and malicious activities like phishing; and, streamline secure financial services, thereby enhancing trust in digital banking...
by AIP Online Bureau | Feb 7, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy, Regulation
Sanjay Malhotra,Governor,Reserve Bank of India The Monetary Policy Committee (MPC), which consists of three RBI and three external members, favoured a rate cut to provide stimulus to the sluggish economy, which is expected to grow at its slowest pace in four years in...