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FM meets heads of banks on AI risks following concerns over Anthropic’s Mythos

FM meets heads of banks on AI risks following concerns over Anthropic’s Mythos

by AIP Online Bureau | Apr 23, 2026 | Eco/Invest/Demography, Indian News, Risk Management

The meeting chaired by the Finance Minister deliberated on various risks that AI posed on the financial sector, sources said, adding that banks have been urged to take preemptive measures to secure their systems, data and money of customers. New Delhi:Finance Minister...
Health Insurance:A clear gap between awareness and action

Health Insurance:A clear gap between awareness and action

by AIP Online Bureau | Apr 23, 2026 | Articles, Eco/Invest/Demography, Health, Non-Life

A report by Niva Bupa Health Insurance highlights that health insurance ownership in India correlates more strongly with financial maturity than income levels alone. Policyholders demonstrate better financial discipline, including stronger portfolio diversification,...
FSIB invites application from pvt sector too for selection of public sector banks’ EDs

FSIB invites application from pvt sector too for selection of public sector banks’ EDs

by AIP Online Bureau | Apr 23, 2026 | Banking & Bancassurance, Indian News, Policy

Inclusion of candidates from the private sector is a departure from the set procedure, and this is the first time that the Financial Services Institutions Bureau (FSIB) would consider them for selection for more than half a dozen vacancies of EDs expected to be...
AI Advatage:Leading companies focus on growth,not just productivity

AI Advatage:Leading companies focus on growth,not just productivity

by AIP Online Bureau | Apr 23, 2026 | Articles, Eco/Invest/Demography, Technology

“Insurance comes out as one of the stronger sectors in the survey, with solid groundwork in place for using AI. It has clear direction and strong controls around security and risk, however, it is not yet using AI as widely as the top performers. The biggest gap...
AI defining force in risk management, improving operational efficiency, mkt surveillance: SBI Chief

AI defining force in risk management, improving operational efficiency, mkt surveillance: SBI Chief

by AIP Online Bureau | Apr 23, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Risk Management, Technology

“The next 25 years will not just be about scale, but about intelligent scale. Financial markets are now evolving in the fastest ways possible, becoming more interconnected and complex.”CS Setty,chairman, SBI Mumbai:Artificial intelligence will play a...
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