by AIP Online Bureau | Mar 12, 2024 | Banking & Bancassurance, Indian News, Regulation
Complaints relating to mobile/electronic banking were the highest contributor to the total number of complaints received against banks as well as non-bank payment system participants, while complaints relating to non-adherence to fair practices code were the highest...
by AIP Online Bureau | Jan 31, 2024 | Eco/Invest/Demography, International News, Life, Non-Life, Policy, Regulation, Reinsurance
The European Parliament and the European Council are moving toward an agreement that banks, asset managers and insurers should be viewed in the same way as other companies when it comes to ensuring that their value chains aren’t subject to environmental or human...
by AIP Online Bureau | Nov 28, 2023 | Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management, Technology
Vivek Joshi, Secretary, Department of Financial Services About Rs 900 crore of defrauded money has been saved, benefitting 3.5 lakh victims, an official statement said New Delhi: To check digital frauds, the government has disconnected 70 lakh mobile numbers so far...
by AIP Online Bureau | Nov 23, 2023 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Regulation, Risk Management, Technology
RBI Deputy Governor Rajeshwar Rao said that bank customers today are facing a threat from technology induced frauds such as fraudulent apps, breach of privacy and deep fakes Mumbai: The RBI on Thursday said that the banks should focus on fortifying cyber security and...
by AIP Online Bureau | Nov 7, 2023 | Eco/Invest/Demography, Indian News, Non-Life, Regulation, Risk Management, Technology
Banks, other financial institutions, insurance companies, trading companies, business entities, real estate companies, send commercial messages to telecom subscribers through SMS or voice calls.TRAI on Tuesday asked these entities to take ‘urgent’ steps to...
