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RBI to create a specialised supervisory and regulatory cadre to monitor banks and NBFCs

by AIP Online Bureau | May 21, 2019 | Eco/Invest/Demography, Indian News, Risk Management

  Chennai: With a view to strengthening the supervision and regulation of commercial banks, urban cooperative banks and Non-Banking Financial Companies(NBFCs), the Reserve Bank of India (RBI) on Tuesday has decided to create a specialised supervisory and...

Surprise! India has the third highest expat salary packages in Asia

by AIP Online Bureau | May 21, 2019 | Eco/Invest/Demography, International News, Workplace/Employee Benefits

  With Hong Kong and Singapore routinely topping the charts as the most expensive places to live and play, it may come as some surprise that Japan offers the best pay packets for expats in Asia.   The average expatriate pay package provided by companies in...

U.S. Post Office testing Driverless Trucks between 2 cities

by AIP Online Bureau | May 21, 2019 | International News, Risk Management, Technology

  The United States Postal Service is going to put mail on self-driving trucks.   Starting on Tuesday morning, letters and packages moving between Phoenix and Dallas will travel on customized Peterbilt trucks run by TuSimple, an autonomous startup based in...

Computerised Eyewear looking for success in Factories and Field

by AIP Online Bureau | May 21, 2019 | Facts, Technology

  Remember Google Glass?   The vaunted debut of the company’s computerized eyewear six years ago was one of Silicon Valley’s more spectacular flops. Deemed too awkward and pretentious, early users were disparaged as “glassholes” by a...

PNB could take control of OBC, Andhra Bank, Allahabad Bank: Reports

by AIP Online Bureau | May 21, 2019 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Intermediaries

New Delhi: Punjab National Bank (PNB) could take control of two or three small state-run banks, that could include Oriental Bank of Commerce, Andhra Bank and Allahabad Bank, two sources familiar with the situation told Reuters. New Delhi has been trying to merge...
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