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BBB launches programme for improving quality of PSU bank boards

by AIP Online Bureau | Mar 6, 2022 | Banking & Bancassurance, Indian News, Policy

It is expected that the program will help the directors think of the road ahead in the business and elevate themselves to be a source of wisdom and guidance for the management and stakeholders to raise the performance levels of Public Sector Banks in the global...

Investors brace for volatility as West moves to cut Russia off from SWIFT

by AIP Online Bureau | Feb 27, 2022 | International News, Regulation, Risk Management, Technology

The latest measures could send markets on another wild ride, as traders assess the implications for the global economy, including potentially higher commodity prices and inflation Investors were preparing on Saturday for more wild gyrations in asset prices after...

China asks banks, firms to report exposure to Jack Ma’s Ant Group -Bloomberg News

by AIP Online Bureau | Feb 22, 2022 | International News, Regulation, Risk Management

Ant has been subjected to a sweeping restructuring by China, whose initial public offering of $37 billion was derailed by regulators in late 2020. Chinese authorities have told state-owned firms and banks to start a fresh round of checks on their financial exposure...

U.S. banks urge regulators to be flexible on climate-risk rules

by AIP Online Bureau | Feb 17, 2022 | Banking & Bancassurance, Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News

The sweeping proposal applies to lenders with over $100 billion in assets. It touches on everything from board room governance, liquidity, credit and operational risk management, to the way banks project hypothetical future losses on their books and their ability to...
Govt yet to decide on banks to be privatised, say MoS Finance Karad

Govt yet to decide on banks to be privatised, say MoS Finance Karad

by AIP Online Bureau | Feb 8, 2022 | Banking & Bancassurance, Eco/Invest/Demography, Indian News

Minister of State for Finance Bhagwat Karad The government had in Budget 2021-22 announced its intent to privatise two public sector banks (PSBs) and one of the public sector general insurance companies during the year. ”As per inputs received from Department of...
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