by AIP Online Bureau | Jul 29, 2022 | Banking & Bancassurance, Climate, Environment, Renewable Energy, Indian News, Policy, Regulation
Regulated entities (REs) should address financial risks arising from climate change and environmental degradation, through its risk management framework, in line with Board-approved risk appetite statement, risk management strategy and business plan, said the RBI...
by AIP Online Bureau | Jul 28, 2022 | Banking & Bancassurance, Eco/Invest/Demography, Life, Wealth Management/ Philanthropy
“In the next few months if the trend continues then we will have no other option but to raise deposit rates because the market conditions are also not very favourable for us to go to the market to raise growth capital,” said a senior executive at a...
by AIP Online Bureau | Jul 22, 2022 | Articles, Banking & Bancassurance, Climate, Environment, Renewable Energy, Eco/Invest/Demography, Risk Management
Shaktikanta Das, Governor, Reserve Bank of India The banks will face competition from Fintechs which are already making their presence felt within the financial services space With advancement in digital banking, cybersecurity will remain an important challenge for...
by AIP Online Bureau | Jul 9, 2022 | Banking & Bancassurance, Climate, Environment, Renewable Energy, International News, Non-Life, Policy, Regulation
“Euro area banks must urgently step up efforts to measure and manage climate risk, closing the current data gaps and adopting good practices that are already present in the sector,” said the ECB’s chief supervisor, Andrea Enria A sudden jump in carbon prices coupled...
by AIP Online Bureau | Jul 6, 2022 | Banking & Bancassurance, Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Technology
Banks participating in the exercise had to estimate how events such as floods would impact mortgage values, or how big a hit they faced if corporate clients defaulted after a spike in carbon prices Europe’s Landmark Test of Banks’ Resilience to Climate Risk Is Softer...
