by AIP Online Bureau | Dec 12, 2021 | Banking & Bancassurance, Indian News, Policy
To augment their resources, banks would be encouraged to raise funds from the market and also by selling their non-core assets New Delhi: The government is unlikely to announce capital infusion for public sector banks (PSBs) in the upcoming Budget, as their financial...
by AIP Online Bureau | Dec 12, 2021 | Indian News, Risk Management, Technology
Prime Minister Narendra Modi’s Twitter handle was “very briefly compromised” and was secured later after the matter was escalated to the micro-blogging site, Prime Minister’s Office (PMO) informed on Sunday. New Delhi: Twitter on Sunday...
by AIP Online Bureau | Dec 12, 2021 | Eco/Invest/Demography, Indian News, Regulation, Workplace/Employee Benefits
RBI Governor Shaktikanta Das PM Modi said that over 1 lakh depositors have got about Rs 1,300 crore of their money with stressed banks in the past few days with the enactment of the legislation.He assured that about three lakh more such account holders will get their...
by AIP Online Bureau | Dec 12, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic, Policy, Risk Management
”India is among the few countries that have recorded four consecutive quarters of growth amid Covid-19 (Q3, Q4 of FY21 and Q1, Q2 of FY22) reflecting the resilience of the Indian economy. The recovery was driven by a revival in services, full-recovery in...
by AIP Online Bureau | Dec 12, 2021 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Risk Management, Workplace/Employee Benefits
Union Minister of Commerce and Industry Piyush Goyal “The most important thing is that earlier it used to take nearly 10 years, now it has been ensured that the day on which the Reserve Bank of India decides to shut down the bank, the sum of Rs 5 lakh will be...
