by AIP Online Bureau | Apr 6, 2023 | Banking & Bancassurance, Indian News, Technology, Wealth Management/ Philanthropy
About Rs 35,000 crore unclaimed deposits as of February 2023 were transferred to RBI by public sector banks (PSBs) in respect of deposits which were not operated for 10 years or more Mumbai: The Reserve Bank on Thursday announced to set up a centralised portal to...
by AIP Online Bureau | Apr 6, 2023 | Eco/Invest/Demography, Indian News
Shaktikanta Das,Governor, Reserve Bank of India The monetary policy committee (MPC), which has three members from the central bank and three external members, retained the key lending rate or the repo rate at 6.50%, in a unanimous decision Retail inflation...
by AIP Online Bureau | Apr 6, 2023 | International News, Non-Life, Technology
It’s a marketplace worth $76B today and set to grow to $214B in the next 6 years. LightMetrics is powering the global vehicle telematics industry with intelligent video capabilities as revenues grow 3x while customer numbers cross 2,500 fleets globally. Their...
by AIP Online Bureau | Apr 6, 2023 | International News, Non-Life, Reinsurance
The drop in capital was driven by a decline in the value of investments. There was also a conspicuous absence of new capacity, despite the potential attraction of much tightened pricing and terms and conditions Perhaps most notably, for the first time in the past ten...
by AIP Online Bureau | Apr 6, 2023 | Eco/Invest/Demography, Intermediaries, International News, Non-Life, Technology
Dalal Buhejji, Executive Director of Business Development for Financial Services at the Bahrain Economic Development Board, said: “In line with the Financial Services Sector Development Strategy under the Kingdom’s Economic Recovery Plan which outlines an overall...