by AIP Online Bureau | Jun 12, 2019 | International News, Life, Pension & Social Security, Technology
London: British insurer Legal & General has teamed up with Amazon to establish what it said is the first blockchain system for corporate pension deals. The insurer said it would use a managed blockchain system launched by Amazon Web Services (AWS) to handle...
by AIP Online Bureau | Jun 12, 2019 | Eco/Invest/Demography, Indian News
The financial services sector is likely to add 47,800 new jobs in the first half of this financial year following increasing focus on lending by banks and NBFC's, according to a survey. "Despite the setbacks seen in NBFCs, the financial services...
by AIP Online Bureau | Jun 12, 2019 | Eco/Invest/Demography, International News, Risk Management
NEW DELHI: India's rank has slipped five places to 141 among 163 countries on the Global Peace Index 2019, while Iceland remains the most peaceful country and Afghanistan the least peaceful nation, says a report. Australian think tank Institute for...
by AIP Online Bureau | Jun 12, 2019 | Eco/Invest/Demography, Indian News, Policy
New Delhi: The Cabinet on Wednesday cleared a Bill to allow voluntary use of Aadhaar as identity proof for opening bank accounts and procuring mobile phone connections. The Bill — which will be in form of amendment to Aadhaar Act 2016 and will...
by AIP Online Bureau | Jun 12, 2019 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Risk Management
New Delhi: Of over 50,000 frauds that hit banks in India in the last 11 fiscal years, the ICICI Bank, State Bank of India (SBI) and HDFC Bank reported highest number of cases, according to an RBI data. Of the total 53,334 cases of frauds reported during 2008-09...
