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RBI proposes to use biz correspondent network to tackle KYC inoperative account issues

RBI proposes to use biz correspondent network to tackle KYC inoperative account issues

by AIP Online Bureau | May 23, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Regulation, Risk Management, Technology

“In order to further ease the process for the convenience of customers, the instructions regarding updation/periodic updation of KYC are being amended with the intent , inter alia, to allow BCs to facilitate in the process of KYC and KYC updation,” he...
Prudential appoints Naveen Tahilyani as its regional CEO for India and Africa

Prudential appoints Naveen Tahilyani as its regional CEO for India and Africa

by AIP Online Bureau | May 22, 2025 | Indian News, Life, Technology

Naveen Tahilyani Earlier, Prudential plc had announced its plan to establish a joint venture with Vama Sundari Investments (Delhi) Private Limited (Vama), an HCL Group’s Promoter Company, for an Indian standalone health insurance company London: UK major...
Growing middle class, rising financial literacy boosting India’s retail investor participation: Report

Growing middle class, rising financial literacy boosting India’s retail investor participation: Report

by AIP Online Bureau | May 22, 2025 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy

“The availability of diverse investment products, such as mutual funds, exchange traded funds (ETFs), portfolio management services (PMS), REITs, InVITs, AIFs, plain vanilla debentures, market linked debentures, etc, allows investors to build diversified...
One in three Gen Z Indians now invests in markets: SEBI Chief

One in three Gen Z Indians now invests in markets: SEBI Chief

by AIP Online Bureau | May 22, 2025 | Workplace/Employee Benefits

Tuhin Kanta Pandey, chairman, Securities and Exchange Board of India Securities and Exchange Board of India (SEBI) Chairman Tuhin Kanta Pandey pointed out that the market ecosystem has grown significantly in recent years, with the number of participants nearly...
Recent rainfall unlikely to damage major crops will boost production: Agriculture Secretary

Recent rainfall unlikely to damage major crops will boost production: Agriculture Secretary

by AIP Online Bureau | May 22, 2025 | Eco/Invest/Demography, Indian News, Non-Life

“No damage has been reported so far due to sudden rainfall. It will benefit summer (zaid) crops such as moong, maize and paddy,” Agriculture Secretary Devesh Chaturvedi New Delhi: The recent rainfall following extreme heat conditions across parts of the...
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