by AIP Online Bureau | Aug 11, 2021 | Eco/Invest/Demography, Indian News, Risk Management, Technology
New Delhi: The government and the industry need to adopt best practices including zero trust identity and access management policy to validate devices connected to an organisation's network to prevent cyber attacks, a senior adviser at Niti Ayog said on Tuesday....
by AIP Online Bureau | Aug 11, 2021 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Technology
New Delhi: The government on Tuesday said nearly 72 per cent of financial transactions of public sector banks (PSBs) are now done through digital channels, with customers active on digital channels having doubled from 3.4 crore in 2019-20 to 7.6 crore in...
by AIP Online Bureau | Aug 11, 2021 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Regulation, Risk Management
Mumbai: Foreign banks have been forced to unwind billions of dollars worth of profitable currency trades at the behest of India’s central bank, according to people with knowledge of the matter. The issue in focus is a flurry of currency swap trades that involved...
by AIP Online Bureau | Aug 11, 2021 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic
Coronavirus cases and hospitalisations in the United States are at a six-month high, fuelled by the rapid spread of the Delta variant across swathes of the country grappling with low vaccination rates. Nationwide, Covid-19 cases have averaged 100,000 for three days in...
by AIP Online Bureau | Aug 11, 2021 | Health, International News, Life, Non-Life, Reinsurance
MUNICH: Munich Re, the world’s largest reinsurer, is bullish on the Indian market despite being hit hard by larger than expected Covid- 19 claims from the country. “We are keen on India and China among Asian markets. We have increased our exposure for...
